Business
Business
K-Electric Seeks Rs10.69 Price Hike, Schedules NEPRA Hearing for June 27
K-Electric (KE) has requested government approval to increase its power tariff by Rs10.69/unit, targeting Rs44.69/unit for fiscal year 2023-24. This…
Privatization of Pakistan International Airlines Set for Early August 2024
Pakistan International Airlines (PIA) will be privatized during the first week of August 2024, and six companies have been shortlisted…
Pakistan’s Stock Market Tops Asia in Performance for 2024
Despite economic challenges, Bloomberg recognized Pakistan's stock market as Asia's best-performing market in 2024. The KSE-100 index saw a 27%…
Pakistan’s Rupee Appreciates as Senate Challenges Tax Proposals in Budget
The Pakistani Rupee strengthened by eleven paisas against the US dollar in interbank trading on Tuesday, with the U.S. dollar…
2024-25 Finance Bill: Senate Submits 128 Recommendations to National Assembly
During Monday's session, the Senate submitted 128 recommendations for the 2024-25 Public Sector Development Programme (PSDP) to the National Assembly,…
LPG Price Rise by Rs50 per Kilogram Amid Black Marketing Claims
Irfan Khokhar, Chairman of the LPG Distributors Association, announced that the price of liquefied petroleum gas (LPG) has surged by…
Pakistan Faces Rs600 Billion Loss Annually Due to Power Theft, Says Energy Minister
Federal Energy Minister Awais Leghari reported that Pakistan loses Rs600 billion annually due to power theft. During an interview on…
Hub Power and BYD Launch Electric Vehicles in Pakistan
Hub Power Company Limited (PSX: HUBC), in collaboration with BYD Auto Industry Company Limited, is diversifying into Pakistan's electric vehicle…
Federal Government Sets Guidelines for Exporting of Sugar
The federal government has formulated a strategy to export 150,000 tonnes of sugar. Government sources indicate this quota will be…