HeadlinesNepra reduces national power purchase price by 3.77% to Rs25.98 per unit for FY 2025-26
Slashed price to lower consumer tariffs, with capacity charges accounting for 63% of cost
Jun 24, 2025
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HeadlinesPakistan eyes $3.3 billion loan from Chinese banks
Govt plans to secure a $2 billion syndicated loan and $1.3 billion refinancing deal, which could push State Bank reserves to over $14 billion by June 30
Jun 24, 2025
HeadlinesGovt eases asset purchase restrictions by raising income declaration thresholds
New measures include relaxed rules for asset purchases such as homes, cars, and bank accounts; Tax rates on mutual funds and securities increased, with excise duty on poultry
Jun 24, 2025
HeadlinesGovt to recover $6.7 billion from power consumers in six years through Debt Service Surcharge
Debt recovery plan to support circular debt resolution with involvement of major banks
Jun 24, 2025
HeadlinesWithholding tax on immovable property sales to be abolished in Finance Bill 2025-26
FBR revises tax laws; proposes changes to sales tax, energy vehicle levy, and customs duties
Jun 24, 2025
HeadlinesPower Division blocks Rs4.69/unit Fuel Charges Adjustment relief for K-Electric consumers
NEPRA to revisit Rs7.17 billion relief issue in upcoming hearing
Jun 24, 2025
HeadlinesJazz, British Council, and Tech Valley unite to advance digital education in Pakistan
Two-year partnership to deliver inclusive learning and tech-driven development across underserved communities
Jun 23, 2025
World Business NewsOil prices fall after hitting five-month highs
Brent crude drops 70 cents, or 0.9%, to $76.31 a barrel, while U.S. West Texas Intermediate crude falls 76 cents, or 1%, to $73.09
Jun 23, 2025
World Business NewsDollar falls after Fed official signals rate cuts
The dollar index falls 0.14% to 98.78 after rising to 99.42 earlier, the highest since May 30
Jun 23, 2025
AutomobileTesla shares jump 10% after robotaxi trial begins in Austin
The stock is still down around 12% for the year, partly due to demand concerns and CEO Elon Musk’s political positions
Jun 23, 2025
World Business NewsU.S. investor sets up bitcoin treasury firm with $1 billion target
U.S. investor Anthony Pompliano says his new company will not only hold bitcoin on its balance sheet but also generate revenue from it
Jun 23, 2025
TechHuawei uses older chip in new MateBook Fold
New MateBook Fold laptop uses a 7-nanometer chip made by China’s SMIC, instead of a more advanced version
Jun 23, 2025