IMF relief temporary, time not to beat drums of delight: Saad Rafiq
ISLAMABAD: Railway Minister Khawaja Saad Rafiq said IMF relief is temporary and it is not such that we should beat drums of delight. “PTI members were busy in sabotaging IMF agreement. India was also doing this job. Party which is control...
Miftah again hints at importing food items from India
ISLAMABAD: Finance Minister Miftah Ismail once again said that government could consider importing food items from India to mitigate fallout of devastating floods. In a tweet he said government has been approached by more than one international agenc...
NEPRA scales down K-Electric power tariff
KARACHI: NEPRA has scaled down power tariff in respect of K Electric by Rs 3.63 per unit. Reduction in tariff has been made under head of Fuel Adjustment Charge (FAC) in respect of July 2022. Decrease in tariff will not applicable to life line...
SBP says banks not refusing donations for flood victims
KARACHI: State Bank of Pakistan (SBP) clarified that no limits have been placed on accepting donations for CM Relief Fund of Khyber Pakhtunkhwa and Punjab. “It has been noticed that a few complaints have been circulating on social media platfor...
FPCCI decries ruthless consecutive increases in power tariff
Karachi: Irfan Iqbal Sheikh President FPCCI decried ruthless and consultation-less consecutive increases in electricity tariff. It will force shut industry across Pakistan and break-even in current cost of doing business environment has become imposs...
Pakistan needs $10bn to cope with flood devastation: Ahsan Iqbal
ISLAMABAD: Minister for Development and Planning Ahsan Iqbal said that Pakistan needs $ 10 billion for renovation and restructuring of flood damaged infrastructure. World ought to help Pakistan to deal climate change effects, he added. Talking to fo...
BankIslami achieves 24pc growth in net profit for half year 2022
Karachi: BankIslami Pakistan Limited announced financial results for quarter ended June 30, 2022. For half year ended June 2022, Bank achieved 155 percent increase in its operating profit before provisions and reported Rs 4.1 billion as compared to R...
Revival of IMF bailout plan not a final episode: PM Shehbaz
ISLAMABAD: As Pakistan took a sigh of relief after International Monetary Fund (IMF) approved seventh and eighth reviews of stalled $ 6 billion Pakistan programme, Prime Minister Shehbaz Sharif said development is crucial for stressed economy of Paki...
KATI demands CM, LB Minister to take notice of KWSB
KARACHI: President of Korangi Association of Trade and Industry (KATI) Salman Aslam and chairperson of KATI’s Standing Committee for Karachi Water and Sewerage Board Nighat Awan expressed concern about non-availability of water by KWSB especial...
Telenor Pakistan to provide free calls in severely flood-affected areas
ISLAMABAD: Extending its support to fellow Pakistanis, Telenor Pakistan has enabled free voice calls for its users in flood affected areas of country. Torrential rains this year have wreaked unprecedented havoc across country, dealing heavy damage to...
