Business
Business
Pakistani Toyota cars prices following price increase
Toyota vehicle maker in Pakistan, Indus Motor Company (IMC), has increased the price range for its CKD vehicle portfolio from…
To meet IMF demands, Govt increases 1% GST and FED on cigarettes
In a move to comply with the International Monetary Fund (IMF) for the renewal of the bailout program, the government…
Petrol price may hike by Rs20
The government may increase the price of gasoline by Rs20 per liter from February 15, 2023. According to oil industry…
Panic over suspended imports peaks in crisis-hit Pakistan
Pakistan business chiefs are clamoring for the cash-strapped government to allow manufacturing materials stuck at the key port of Karachi…
Before virtual IMF talks, the cabinet raises power tariffs, removes subsidies
The Federal Cabinet adopted a plan to hike electricity rates and eliminate subsidies before a virtual discussion with the International…
ECC approves hike in power tariff to meet IMF demands
On Friday, the Cabinet's Economic Coordination Committee (ECC) approved the Kissan package and the reduction of power tariff subsidies for…
IMF issues statement on Pakistan’s IMF Program
In a statement released on Friday, the IMF's mission chief Nathan Porter stated that for Pakistan to regain macroeconomic stability…
Petroleum minister blames traders and hoarders for creating a shortage of petroleum products
Minister of State for Petroleum, Dr. Musadiq Malik, warned of "dire consequences" for hoarders of petroleum products. "The country has…
Pakistan Railways revenue Rs. 28.263 billion and expenses Rs. 52.99 in the first quarter of fiscal year 2022-23.
Minister of State for Law and Justice Shahadat Awan stated that during the first half of the current fiscal year,…