PM Shehbaz optimistic that oil price relief will boost economy
ISLAMABAD: Prime Minister Shehbaz Sharif, in a meeting on Monday, emphasized the government's efforts to capitalize on the recent decline in international oil prices, ensuring that it benefits both the economy and the general public. He announced tha...
Electricity prices to drop monthly: Marriyum
LAHORE: Punjab's Senior Provincial Minister, Marriyum Aurangzeb, has given the public a reason to cheer by announcing that electricity prices will now be reduced every month. Speaking at a press conference in Lahore, Marriyum Aurangzeb said Prime Mi...
Inflation drops to 59-year low at 0.7% March
KARACHI: Pakistan's headline inflation stood at 0.7% on a year-on-year basis in March 2025, marking a significant decline compared to February 2025 when it was recorded at 1.5%. According to data released by the Pakistan Bureau of Statistics (PBS),...
IMF visit to shape Pakistan's 2025-26 budget starts Friday
ISLAMABAD: An International Monetary Fund (IMF) team will begin its visit to Pakistan on Friday to assist in the preparation of the federal budget for the fiscal year 2025-26. Sources reveal that the IMF delegation will engage in talks with Pakistani...
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...
FBR extends deadline for sales tax return submission to March 27
ISLAMABAD: The Federal Board of Revenue (FBR) has extended the deadline for filing Sales Tax and Federal Excise returns to March 27, 2025, to assist taxpayers. This extension aims to alleviate any difficulties faced by taxpayers in meeting the initia...
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...
