Nepra Approves Rs. 5.40 per Unit Power Tariff Increase for FY23 Q4
The National Electric Power Regulatory Authority (Nepra) has given the green light for a Rs. 5.40 per unit hike in…
Category: Economy
PIA Grounds 11 Aircraft Amidst Severe Financial Crisis
In a troubling development, Pakistan International Airlines (PIA) has been forced to ground a significant portion of its aircraft fleet,…
Lucky Cement Starts 2nd Solar Plant to Save Rs 0.5bn/Year
Lucky Cement’s second solar power plant is up and running. The project is initiated with the objective to reduce the…
Price of gold surges to 5000 PKR per tola within a week
In a continued trend, the price of gold in Pakistan marked its fifth consecutive day of growth this week, culminating…
Suspension of ‘Cheap’ Russian Crude Import Due to Imbalanced Refining Process
Recent developments reveal a pause in the import of what was once touted as ‘inexpensive’ Russian crude oil, triggered by…
IMF delegation to visit Pakistan to assess economic conditions after $3 Billion loan
Pakistan is gearing up for a crucial economic review as the International Monetary Fund (IMF) prepares to send its delegation…
USAID Announces Scholarships for Flood-Affected Students
The United States Agency for International Development (USAID) has announced scholarships for flood-affected students in Pakistan. The scholarships will cover…
SECP Cracks Down on Loan Apps, Protects Borrowers
The Securities and Exchange Commission of Pakistan (SECP) has announced new rules to crack down on predatory loan apps and…
Pakistan’s Homegrown Messaging App Will be Available for Public Use Within a Year
In an interesting turn of events, Syed Aminul Haque, Federal Minister for IT and Telecommunication revealed Pakistan’s first-ever WhatsApp like…
SPI Shows Weekly Inflation Increase in Pakistan
According to the official data from Pakistan Bureau of Statistics (PBS) released on Friday, the Sensitive Price Indicator (SPI) revealed…
Sugar prices to further rise in Pakistan
Despite the government’s attempts to regulate sugar prices and prevent them from becoming unaffordable for the common people, the cost…
Empowering Internet Users in Pakistan: Ensuring Transparent Internet Services, Invoice and Receipt, and Tax Compliance
In today’s digital age, internet services have become an integral part of our daily lives, transforming how we connect and…
Inflation to be reduced within a month, assures government
The Ministry of Finance provided a positive outlook on inflation for July 2023, forecasting a decrease compared to June 2023.…