Coal power plants allegedly exploiting imported coal prices

These coal-based power plants had committed to use coal containing 6000 calorific values (CVs) but they had been importing coal with 4500 to 5500 CVs

Govt raises Rs2.4tr against target of Rs2.3tr as yields for all tenures decline

Participation in the auction was huge as bids totaling Rs4.6 trillion were received. 

Tax department registers FIR against money laundering solar panels import

Senate Standing Committee on Finance directs FBR to take strict action against the offenders under the Anti Money Laundering Act

SBP grants In-Principle Approvals (IPA) to five digital banks. Who are they?

All digital retail banks DRBs now have 12 months to get operationally ready.

Employees of WAPDA, DISCOs and others to continue getting free electricity 

Across six DISCOs, the benefits in terms of just electricity units given to retired employees stand at an average of Rs 664mn per year from 2017 to 2025.

Interim ECC reviews bailout for Pakistan Steel Mill, availability of staple foods and power sector benchmark rates

The Pakistan Steel Mill has cumulatively incurred the losses of Rs 206 billion up until the end of FY23 

Govt to provide gas subsidy to low-income houses of Balochistan for the winter season

With the IMF review around the corner, and an imminent price hike, the government will be treading a fine line with cash handouts

Mobile phone imports surge to 76pc despite dollar constraints

The industry envisions the need for consistency in this upward trajectory, as it could lead to the local production of allied parts

In the midst of economic challenges, why is the banking sector thriving? 

The sector is expected to continue steady performance in the next half too. 

Why is NEPRA rethinking coal prices

The mechanism for adjusting the FCC could finally see a change after 2016 

FBR plans crackdown against cash transactions in real estate

Buying real estate worth more than Rs 5mn using cash or a bearer cheque will be subject to a penalty equal to 5% of the property's value

After UBL, Meezan Bank wants to establish an exchange company

It will be the fourth major commercial bank to operate a wholly owned exchange subsidiary

Pakistan’s textile and apparel industry all set to shine at Texworld – Apparel Sourcing, Paris 2024

In a desperate effort to boost textile export, TDAP to provide a subsidy of 33% on putting up stalls.

‘Unexpected’ decision: Why did SBP maintain the interest rate?

Does the central bank really expect inflation to decline significantly or has it accepted that rate hikes aren't effective?

Automotive sales in July, August 2023, worse than the same months during the pandemic

Cars and motorcycles record worst 2MFY sales in five years