FINANCE
Gas to be provided only for 8 hours in winters, Energy Minister
Following a massive hike in gas tariff, Caretaker Energy Minister Muhammad Ali gave the masses another blow when he announced...
K-Electric gets highest federal subsidy of Rs169bn
The federal government is providing the highest subsidy to K-Electric as compared to the state-run Power Distribution Companies (Discos), it...
Govt drops gas bomb as tariff hiked up to 193%
The government on Monday finally okayed a massive hike in gas tariff, giving a massive blow to the inflation-weary masses...
PM orders to expedite privatisation of loss-making PIA
A day after Pakistan International Airlines (PIA) flight operation was again hit by the worst-ever fuel crisis, caretaker Prime Minister...
SBP likely to hold policy rate at 22% after ease in inflation
The State Bank of Pakistan's key interest rate is likely to remain unchanged this month at 22%, as inflation eases...
PSX hits over 6-year high shored up by promising macros
Pakistan Stock Exchange (PSX) on Friday rallied by over 300 points and crossed the 50,700 barrier — its highest since...
IMF asks Pakistan to ‘immediately raise’ gas tariff
The International Monetary Fund (IMF) has asked Pakistan to ‘immediately raise’ gas tariff, media reported on Thursday. The international lender...
Rupee falls sharply against dollar on import pressure
The Pakistani rupee fell sharply against the dollar on Wednesday, with analysts citing a host of reasons, including import pressure,...
Rupee breaks 28-day winning streak against dollar
The Pakistani rupee broke its 28-day winning streak against the US dollar, official data showed Tuesday, with analysts saying that...
Pakistan to maintain its credit rating, Dr Shamshad assures Moody’s
Caretaker Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar has reiterated Pakistan's commitment to transparency for fostering investor...
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