1 year ago Relief for Power Consumers: IMF Greenlights Rs. 1 Per Unit Cut in Electricity Bills The International Monetary Fund (IMF) has approved a reduction of one rupee per unit in electricity tariffs for all consumers
1 year ago KSE-100 Companies Post Rs. 1.62 Trillion in Earnings for 2024, Down 1% Year-on-Year Pakistan’s top-listed companies recorded combined earnings of Rs. 1.62 trillion in 2024, reflecting a marginal decline of 1 percent compared
1 year ago Govt Targets 75 More IPP Deals to Save Rs. 3.5 Trillion in Future Payments The federal government is set to extend negotiations to 75 additional Independent Power Producers (IPPs), primarily solar and wind projects,
1 year ago FBR Seals Three Luxury Watch Outlets in Karachi Over Rs. 180 Million Tax Evasion The Federal Board of Revenue (FBR) has sealed three high-end watch outlets in Karachi following investigations that revealed significant tax
1 year ago Cabinet Rejects Solar Net Metering Changes, PM Orders Policy Review The federal cabinet on Wednesday postponed approval of the controversial solar net metering policy after several members, including Prime Minister
1 year ago Pakistan Likely to Celebrate Eidul Fitr on March 31 Following 29-Day Ramadan: SUPARCO The Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) has predicted that Eid ul-Fitr will likely be celebrated on March
1 year ago Pakistan’s GDP Grows 1.73% in Q2 Despite Industrial Contraction Pakistan’s economy expanded by 1.73% in the second quarter of fiscal year 2025, despite a 0.18% contraction in the industrial
1 year ago Pakistan Increases Reko Diq Project Cost to $6.8 Billion Following New Study The cost estimate for the initial phase of Pakistan’s Reko Diq copper and gold mining venture has jumped 58 percent
1 year ago FBR Declares IT Systems “Critical Infrastructure”: Unauthorized Access Now Criminal Offense Pakistan’s Federal Board of Revenue (FBR) has officially classified its IT infrastructure as “Critical Infrastructure” under the Prevention of Electronic
1 year ago IMF and Pakistan Finally Reach Staff-Level Agreement for $1 Billion Loan, $1.3 Billion Climate Facility The International Monetary Fund (IMF) and Pakistani authorities have reached a staff-level agreement on the first review of Pakistan’s Extended