NEPRA notifies Rs1.53 per unit hike in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has notified Rs1.53 per unit increase in power tariff for ex-Wapda Distribution Companies (DISCOs)...

Senate panel asks NBP to furnish details of non-performing loans 

ISLAMABAD: The Senate's Standing Committee of Finance and Revenue on Monday directed the National Bank of Pakistan to submit details of non-performing...

Trade deficit expands 8.2pc to $14.9bn in seven months

ISLAMABAD: Pakistan's trade deficit during the first seven months (July-January) of the current fiscal year (2020-21) increased 8.25pc to $14.96 billion, compared...

SECP proposes amendments to NBFC regulations

ISLAMABAD: In order to safeguard the interest of investors, the Securities and Exchange Commission of Pakistan (SECP) has proposed amendments to the Non-Banking...

FBR issues draft rules for enrolment in Pakistan Single Window

The Federal Board of Revenue (FBR) on Monday notified draft rules for enrolment in Pakistan Single Window (PSW). The FBR issued SRO 164(I)/2021...

CDWP okays four projects worth Rs6.8bn

ISLAMABAD: The Central Development Working Party (CDWP) has approved four projects worth Rs6.8 billion and recommended one project worth Rs43.32 billion to...

ECC approves payment mechanism for IPPs

Govt to immediately release Rs161bn as first installment to help ease pressure on IPPs and reduce circular debt

BRT Peshawar to add 30 new buses to its fleet

PESHAWAR: Thirty more buses have been acquired from China for Bus Rapid Transit (BRT)-Peshawar, a statement issued on Monday read. According to the BRT...

Moot calls for increase in federal excise duty on tobacco products

Pakistan yet to achieve WTO standard that requires signatories to optimally impose 75pc tax on retail price of cigarette pack

Govt urged to expedite work on Pak-Afghan cargo train project

PESHAWAR: Traders and industrialists of Khyber Pakhtunkhwa (KP) have demanded the government to give a final shape to the Pakistan-Afghanistan-Central Asia train...

Cabinet Division shortlists candidates for OGRA chief slot

ISLAMABAD: In a bid to fill the top position of the Oil and Gas Regulatory Authority (OGRA) chairman, the Cabinet Division has...

KP receives another Rs3bn in hydropower profits

PESHAWAR: Khyber Pakhtunkhwa has received an additional Rs3 billion from the federal government on account of net electricity profit, KP Finance Minister...

Govt to further curtail expenditures to facilitate common man: minister

Hafeez Shaikh sees improvement in macroeconomic indicators; says promotion of agricultural, industrial and services sectors among top govt priorities

Govt to roll out historic package for farmers soon: PM

ISLAMABAD: Prime Minister Imran Khan has said that the government will soon roll out a historic package for the country's farmers. The PM...

Renewal of Pak-Afghan transit trade agreement delayed

PESHAWAR: As the transit trade agreement between Pakistan and Afghanistan is expiring on the 11th of this month, no progress has so...