Tribune
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Rupee recovers to one-week high | The Express Tribune
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[ad_1] ISLAMABAD: Pakistani currency partially recovered 1.13% (or Rs2.25) to a one-week high at Rs199.76 against the US dollar in the inter-bank market, ending the previous 15 working days’ long free-fall on Friday. The currency regained after the PML-N coalition…
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K-Electric’s tariff rises Rs4.8 per unit | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has allowed K-Electric an increase of Rs4.8269 per unit in power tariff for March 2022 on account of fuel cost adjustment. The increase in tariff will put a burden of Rs7.86…
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Ministries face steep budget cut | The Express Tribune
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[ad_1] ISLAMABAD: The cash-starved government has proposed a steep reduction in the development budget allocation for the ministries in the next fiscal year against the original spending plans for the outgoing year but has kept Rs40 billion for the parliamentarians’…
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PM woos Japanese investors | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif, while underscoring the government’s efforts to create business-friendly opportunities, has invited new Japanese companies to capitalise on such opportunities and make investment in Pakistan. The prime minister, in a meeting with Japan Ambassador Mitsuhiro…
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Businessmen denounce fuel price hike | The Express Tribune
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[ad_1] ISLAMABAD: Businessmen have slammed the government’s decision to make a massive hike of Rs30 per litre in prices of petroleum products, which is the highest-ever increase in one go. They termed it a very harsh decision that would unleash…
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Pak-China red chilli farms achieving bumper harvest | The Express Tribune
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[ad_1] MULTAN: Six model farms under Pakistan-China Red Chilli Contract Farming Project are achieving a bumper harvest in southern Punjab and northern Sindh, with an estimated yield of 700 tons of dried chillies. According to China Machinery Engineering Corporation’s (CMEC)…
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Customs process needs upgrade | The Express Tribune
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[ad_1] KARACHI: Despite paying technology upgrade and container scanner charges for around 18 years, no wide-scale upgrading has taken place in customs’ processes, say traders. Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh expressed his…
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‘Govt doesn’t rule out oil, wheat import from Russia’ | The Express Tribune
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[ad_1] ISLAMABAD: The Foreign Office on Friday did not rule out the possibility of Pakistan importing oil and food products from Russia, saying the country has an “open policy” driven by the national interest to expand economic and trade relations….
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Rupee gains against USD after two-week slide | The Express Tribune
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[ad_1] KARACHI: Pakistani currency recovered by Rs1.81 bringing it up to Rs200.20 against the US dollar at 11:20 am in the inter-bank market on Friday, ending the two-week-long free-fall. Similarly, the Pakistan Stock Exchange surged 2.25% (or over 950 points)…
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Ministry for collecting oil levy, GST | The Express Tribune
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[ad_1] ISLAMABAD: While cautioning about the widening current account deficit and mounting pressure on the country’s foreign currency reserves, the Ministry of Finance has called for resuming the collection of petroleum development levy and general sales tax (GST) from the…
