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Business community applauds electricity tariff cut
ISLAMABAD: Leading businessmen and industrialists have warmly welcomed the reduction in electricity tariffs announced by Prime Minister Shehbaz Sharif on Thursday, calling it a significant relief for the country's economic growth. During a press con...
Electricity prices reduced by up to Rs3.02 per unit under monthly FCA
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has announced a reduction in electricity prices for consumers across the country under the monthly fuel charge adjustment (FCA), official notifications issued on Thursday stated. Pow...
Business community rejects new solar policy
ISLAMABAD: The business community has expressed strong opposition to the government's newly introduced solar policy, urging the authorities to revert to the previous framework. In a press conference held in Islamabad, the President of the Federation...
Dar sets retail sugar price at Rs164/kg, assures no shortage
ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar announced on Wednesday that the retail price of sugar would be capped at Rs164 per kilogram, while its ex-mills price would be kept below Rs159 per kilogram. This decision comes in...
WB approves $102mn financing for Pakistan's RAM Project
ISLAMABAD: The World Bank's Board of Directors approved $102 million in financing for Pakistan's Resilient and Accessible Microfinance (RAM) Project on Wednesday, aimed at strengthening the country's microfinance sector. The initiative is designed t...
FPCCI unveils charter of economy to Aurangzeb
ISLAMABAD: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI), one of Pakistan's largest industrial bodies, presented a Charter of Economy to Finance Minister Muhammad Aurangzeb on Tuesday. This initiative marks a significant ste...
KSE-100 settles above 117,000
KARACHI: The buying rally at the Pakistan Stock Exchange (PSX) continued on Tuesday, with the benchmark KSE-100 Index closing above the 117,000 mark, marking a gain of over 800 points. The index surged 801.50 points or 0.69%, settling at 117,001.09,...
SBP refutes claims of banknote shortage ahead of Eid
KARACHI: The State Bank of Pakistan (SBP) on Tuesday strongly refuted claims that it is not issuing fresh banknotes ahead of Eid-ul-Fitr. The central bank issued a statement clarifying that it continues its long-established practice of providing fre...
Turkmenistan Ambassador meets Pakistan's petroleum minister to strengthen energy ties
ISLAMABAD: Ali Pervaiz Malik, the newly appointed Federal Minister for Petroleum, met with the Ambassador of Turkmenistan to Pakistan, His Excellency Mr. Atadjan Movlamov, at the Ministry today in a high-level meeting aimed at reinforcing the energy...
Haroon Akhtar addresses FPCCI on eco growth, business support
ISLAMABAD: The Special Advisor to the Prime Minister for Industries and Production, Mr. Haroon Akhtar Khan, addressed an important meeting at the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), emphasizing the government's unwaver...
