Express
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NEPRA may increase K-Electric’s tariff by Rs1.29 | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) may allow K-Electric to increase power tariff by Rs1.29 per unit on account of fuel cost adjustment for the month of February 2022. The regulatory authority conducted a public hearing on…
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Trade deficit widens to $35.4b | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan’s trade deficit peaked to a record $35.4 billion in the first nine months of current fiscal year, which was even higher than the annual target of $28.4 billion set by the outgoing government of Prime Minister Imran…
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Markets await actions against Russia | The Express Tribune
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[ad_1] LONDON: Caution prevailed in global financial markets on Monday amid talk of more sanctions being imposed on Russia over its actions of Ukraine, while a closely watched part of the US yield curve continued to fuel recession worries. Germany…
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Oil jumps 4% as talk of new sanctions surfaces | The Express Tribune
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[ad_1] NEW YORK: Oil jumped about 4% to over $108 a barrel on Monday, as mounting civilian deaths in Ukraine increased pressure on European countries to impose sanctions on Russia’s energy sector, prompting new concerns from market participants around tighter…
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Germany to face steep recession | The Express Tribune
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[ad_1] FRANKFURT: Germany will face a steep recession if there is a stop to imports or delivery of Russian gas and oil, a top German bank lobby warned on Monday. Europe’s largest economy is heavily dependent upon Russia for energy,…
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Political turmoil perturbs businessmen | The Express Tribune
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[ad_1] KARACHI: The business community has voiced concern over the emerging political crisis, citing that the economy is already in a fragile state. In a statement on Monday, Businessmen Group (BMG) Chairman Zubair Motiwala expressed grave concern over the ongoing…
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Market watch: Stocks bleed as political mayhem continues | The Express Tribune
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[ad_1] KARACHI: The political melodrama wreaked havoc on the Pakistan stock market as the benchmark KSE-100 index slumped 1,250 points on the back of persistent uncertainty and the brewing constitutional crisis. The political tides turned on Sunday after National Assembly…
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Bold decisions needed to handle oil price shocks | The Express Tribune
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[ad_1] KARACHI: Oil prices were already soaring at the start of the year. The rally was being driven by the jump in demand in the aftermath of recovery from the coronavirus pandemic and tight supplies. The conflict in Ukraine pushed…
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The Pakistani startup landscape | The Express Tribune
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[ad_1] NORTHAMPTON: The Pakistani startup community enjoyed a boom in 2021. The startups raised $350 million, spread across 83 deals. This shows an increase of 355% in investment and 63% in the number of deals relative to the previous year….
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Higher bank credit limit for farmers | The Express Tribune
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[ad_1] KARACHI: There is good news for wheat and sugarcane farmers and congratulations to the top politicians who control – and leverage as per their requirement – wheat and sugarcane cultivation. Banks will now offer 50% more agricultural credit to…
