As the probe into the operations and profitability of Independent Power Producers (IPPs) reaches its concluding phase, around half a dozen owners of these companies have been called to Islamabad...
Prime Minister Shehbaz Sharif has announced a reduction in fuel prices, providing what he described as “a big relief” to the people of Pakistan. The decision, which came into effect...
Hexing Electrical Group, a prominent Chinese business entity specializing in electrical and energy solutions, has announced its intention to establish a new industry in Pakistan’s renewable energy sector. This move...
The Federal Board of Revenue (FBR) in Pakistan has faced a significant challenge in the first two months of the fiscal year 2025 (FY25), as it fell short of its...
The federal government has recently unveiled detailed figures concerning Pakistan’s national and foreign debt up to June 2024. This data was presented to the National Assembly by the Ministry of...
K-Electric (KE) has requested a significant increase in electricity tariffs, seeking an additional Rs3.09 per kilowatt-hour (kWh) for July 2024 due to fuel charges adjustments. This request was discussed during...
On Friday, gold prices stayed close to their record highs, buoyed by expectations of a potential rate cut by the Federal Reserve and ongoing geopolitical uncertainty. Current Gold Prices Spot...
Recent data released by the Pakistan Telecommunication Authority (PTA) highlights a significant downturn in the local manufacturing and assembly of mobile phones in Pakistan. This decline reflects broader economic trends...
The Pakistan Finance Ministry has clarified regulations regarding pension payments for retired government servants living abroad and announced a significant increase in the minimum salary for civil and contract employees....
The Pakistan Stock Exchange (PSX) closed Thursday with significant gains, driven by positive economic factors and optimism surrounding the IMF’s approval of the $7 billion Extended Fund Facility (EFF). Key...