Fuel Price Forecast: Massive oil price hike estimated for first half of September

ISLAMABAD: Already burdened masses should get ready to bear a jolt in the form of massive oil price hike as per litre...

Mounting electricity prices strain Pakistani households, businesses: FPCCI President

In a press conference held in Lahore, Irfan Iqbal Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI),...

Senate Committee lambasts IPPs for Pakistan’s electricity woes

Senate Committee wants IPPs to face the heat as capacity payments in the current fiscal year rise to Rs 1.3 trillion 

Battle for K-Electric heats up

Statement comes following both parties having declared victory in the Cayman Grand Court’s ruling about K-Electric’s board of directors 

SECP issues the first certificate of Shariah compliance to REITs. Why now? 

Signature Residency REIT and Rahat Residency REIT have been given shariah compliance certificates as the government continues to move towards an interest free financial system. 

Big electric shock of Rs 5.40 per unit hike on the cards

ISLAMABAD: The government on Wednesday asked the National Electric Power Regulatory Authority (NEPRA) to recover Rs 5.40 per unit increase in power...

Understanding K-Electric’s Cayman legal battle 

Both parties have declared the court to have ruled in their favour in round 2 of the battle over control of K-Electric 

As Afghanistan slashes coal prices again, can cement and power companies profit? 

Royalties slashed by Rs 1,060 per ton, and customs duties slashed by Rs 4,400 per ton 

General Tyres accused of evading mandatory PSQCA registration since 2016

GTR directed to immediately halt all operations involving the manufacturing, sale, and storage of tyres

Illicit cigarettes poised to outpace legitimate market share in Pakistan, industry player cautions

ISLAMABAD: With illicit cigarettes, both smuggled and counterfeit, having already secured over 40 percent of the market, industry insiders are sounding the...

Cement sector finally implements Track and Trace System

Real-time production monitoring with the system to ensure accurate tax assessment

Facing continued losses, provincialisation of DISCOs issue to go to caretaker cabinet

The companies have suffered Aggregate Technical & Commercial Losses of more than Rs292bn 

Hit by taxation, Philip Morris faces 10.89% decline in sales

The decline comes after a massive increase in prices because of added taxation. 

Supernet Technologies born after SuperInfra’s acquisition of Hallmark

New entity to allow Supernet to shift to the main PSX board after its subsidiary acquired 81.4% of Hallmark

Circular debt is at Rs 2.31 trillion. What does it mean?

Figure represents an increase from the end of FY 2022, but a contraction from April 2023