Govt ‘discreetly’ changes electricity billing system

ISLAMABAD: The coalition government has discreetly made a change in the way power consumers are billed by revising the slabs based on...

Power tariff increased again 

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Monday notified a Rs4.34 per unit increase in the price of electricity under...

Hyundai offers deliveries within a month

LAHORE: Hyundai Nishat has introduced a limited time offer for prospective customers, whereby the company will reduce delivery times of cars to...

Cabinet committee gives go ahead for fertiliser import

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet here on Thursday gave go ahead to Trading Corporation of Pakistan (TCP) for...

ECC approves Rs3bn for relief of flood affected  

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved funds amounting to Rs3 billion for the National Disaster Management Authority...

SBP raises Rs817bn debt concentrated in 3 month tenors

KARACHI: State Bank of Pakistan (SBP) raised Rs 817 billion against a target of Rs 1,000 billion in a Market Treasury Bill...

Senate panel orders streamlining forex disclosure process at airports

ISLAMABAD: The Senate Standing Committee on Finance has directed the Ministry of Finance (MoF) to streamline the process of disclosure of foreign...

Govt to spend Rs20bn on cotton seeds, climate resilient production 

ISLAMABAD: The government has decided to spend Rs20 billion on production of high quality seeds of cotton and developing climate resilient production...

OGRA and OMCs discuss deregulation of POL products

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday conducted a meeting with Oil Marketing Companies (OMCs) on the planned deregulation...

Inflation rate to come down from next month: Miftah

ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail Wednesday hinted at slow down in the inflation rate from next month. “The nation...

NEPRA mulls over Rs3.39 per unit hike in tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday mulled over a Rs3.39 per unit increase in the electricity tariff for...

Pakistan needs enhanced financing for natural disasters: ADB

ISLAMABAD: Pakistan urgently needs to enhance the current disaster risk finance approach as risk retention mechanisms are insufficient to cover the losses...

PSX to launch dividend index for investors

KARACHI: The Pakistan Stock Exchange (PSX) has launched its first dividend based fundamental index, PSX Dividend 20 Index, as a major step...

Govt to revise GDP targets as floods batter economy

ISLAMABAD: The government is likely to revise gross domestic product (GDP) targets due to devastating floods in the country which will slow...
Motorcycles-Honda Atlas

Biometric verification of vehicles, motorcycles still required in Punjab

LAHORE: Rumors of suspension of the biometric system for transfer of vehicles and motorcycles in Punjab have left car dealers and agents stranded...