Business News
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NEPRA approves Rs2.52 per unit increase in power tariff
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[ad_1] — AFP/File ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday increased power tariff by Rs2.52 per unit on account of fuel cost adjustment (FCA) for September 2021. According to a notification issued on Tuesday in this regard,…
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Inflation likely to remain high in Pakistan for next six months: EIU
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[ad_1] — AFP/File Inflation is likely to remain high in Pakistan for the next six months and the rupee is expected to continue on a depreciatory path despite a support package from Saudi Arabia, the Economic Intelligence Unit (EIU) said….
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Fuel prices hit new high in Pakistan
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[ad_1] — AFP/File The government early Friday hiked the price of petrol by Rs8.03 per litre, a day after Prime Minister Imran Khan warned that the rate of petroleum products would witness a rise. The new price of petrol stands…
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All possible measures being taken to avoid gas crisis: Hammad Azhar
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[ad_1] Energy Minister Hammad Azhar speaking during a press conference in Islamabad on May 22, 2021. — PPI/File ISLAMABAD: The government is taking all possible measures to prevent the looming gas crisis in Pakistan, Energy Minister Hammad Azhar said Monday….
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PM Imran Khan felicitates FBR for achieving tax collection target
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[ad_1] — AFP/File ISLAMABAD: Prime Minister Imran Khan on Saturday praised the Federal Board of Revenue (FBR) for exceeding the monthly tax collection target during the outgoing month. The premier wrote on Twitter: “I want to congratulate FBR for achieving…
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Panama Canal breaks freight record despite pandemic crisis
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[ad_1] The Panama Canal. File photo Panama City: The Panama Canal had a record fiscal year 2021 with more tonnage transported through the waterway than ever before, despite a crisis in global port congestion, authorities said Thursday. A total of…
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Pakistani rupee rebounds against US dollar
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[ad_1] A currency exchange trader counts money at his office in Islamabad. — AFP/File KARACHI: Sharply recovering against the US dollar in the inter-bank market, the Pakistani rupee on Wednesday reached Rs172.78 against the greenback. The development came after Saudi…
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Pakistan Stock Exchange revises market timings
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[ad_1] — AFP/File KARACHI: The Pakistan Stock Exchange (PSX) has revised its timings for the trading session, a statement said on Friday. The new timings will come into effect from October 25 (Monday). According to a notice sent to all…
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Prices of tomatoes, cooking oil among 29 essential items to witness surge
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[ad_1] — AFP/File KARACHI: Prices of 29 essential items including tomatoes, mustard oil, vegetable ghee, potatoes, cooking oil, etc., rose during the week ended October 21. Based on the Sensitive Price Index (SPI), the weekly inflation registered an increase of…
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Cannot specify when IMF talks will conclude: ministry
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[ad_1] — AFP/File ISLAMABAD: A specific time frame cannot be given for the conclusion of Pakistan’s talks with the International Monetary Fund (IMF), a statement from the Ministry of Finance and Revenue said Friday. The statement was issued by a…
