ECC approves amendments in power act to ‘curtail circular debt’

Amended rules to burden power consumers with 'new surcharges'

SNGPL to refund Rs513m to consumers over low pressure

ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) has announced that it will refund Rs513 million to its consumers in cases where...

Oil prices surge, markets sit up, PSX falters after Gen Soleimani’s death

Bull-run ends at PSX as world markets react to the significant escalation in Middle East tensions 

UAE crown prince announces $200m for SMEs in Pakistan

ISLAMABAD: Abu Dhabi’s Crown Prince Sheikh Mohamed bin Zayed Al Nahyan, who visited Pakistan along with a high-level delegation on Thursday, directed the...

‘Cement industry to operate at only 78pc capacity’

Dec 2019 sees cement despatches grow by more than 10pc 

Amid delays, Diamer-Bhasha’s PC-1 cost surges 68pc

WAPDA yet to acquire land for the dam's site despite all financial and administrative support

December inflation clocks in at 12.63pc 

ISLAMABAD: Inflation rose to 12.63 per cent on a year-on-year basis in December 2019, as compared to the same month of last year,...

Hafeez Shaikh urges FBR to strive for optimal resource mobilisation

'Robust communication with public and stakeholders should be at the centre of every activity undertaken by FBR'

FBR’s collection targets fall short by a whopping Rs287bn

ISLAMABAD: The Federal Board of Revenue (FBR) revenue shortfall has reached Rs287 billion during the first six months of the current fiscal...

Long delays and poor service as customers activate new Chip ATM cards

KARACHI: December 31st, 2019, was the last day for banks across Pakistan to switch from magnetic strip cards to Europay Mastercard Visa...

Pakistan to welcome New Year with further hike in POL, gas prices

POL prices likely to be increased by up to Rs3.10, while LPG price expected to surge by Rs20 per kg from Jan 2020

ECC allows withdrawal of duties on imported cotton

Govt will withdraw 3pc regulatory duty, 2pc additional customs duty and 5pc sales tax on imported cotton from Jan 15

Could the KSE-100 hit 60,000 by 2021? JS Global seems to think so

Given the recent beginnings of the economic recovery in Pakistan, what can investors in the equity markets expect as far as returns...

Big Business and the saviour of the last resort

When was the last time you saw a conglomerate advertising not its consumer-facing or even industrial products but itself – its own...

Sindh shifts blame on Centre as gas shortage peaks in province

The federal government was responsible for the shortage in gas supply in Sindh, claimed Sindh Information Minister Saeed Ghani on Saturday, refuting...