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Government to Slash Petroleum Prices by Up to Rs12 from June 15
The government may reduce petroleum prices by up to Rs12 per litre starting June 15, following a $5.14 decrease per…
PSX Plunges Over 600 Points Amid Tax Increase Concerns
The Pakistan Stock Exchange (PSX) experienced a significant downturn on Friday, with the KSE-100 index dropping over 600 points during…
Electricity Rates Surge by Rs3.33 per Unit, NEPRA Confirms
The National Electric Power Regulatory Authority (NEPRA) has declared an increase in electricity tariffs by Rs3.33 per unit, which will…
ADB Grants $250 Million to Enhance Public-Private Partnerships in Pakistan
The Asian Development Bank (ADB) approved a $250 million loan, aiming to transition the funding of significant projects from public…
Nepra Sets 14 Percent Markup on Delayed Electricity Bill Payments
Consumers now face the highest-ever electricity tariffs. Those experiencing financial hardship and seeking instalment plans to manage their bills must…
Pakistan Plans Tax Rate Increase to 14%, Aims for Export-Driven Growth
At the Pak-China Business Conference in Shenzhen, China, Senator Mohammad Ishaq Dar, Pakistan's Federal Minister for Finance and Revenue, announced…
Pakistan’s Finance Minister Signals Potential Rate Cut by State Bank
Finance Minister Muhammad Aurangzeb expressed optimism about a potential reduction in the State Bank of Pakistan's (SBP) key policy rate…
Nepra Announces Rs3.76 per Unit Electricity Rate Hike for Quarterly Adjustment
The National Electrical Power Regulatory Authority (Nepra) has announced a Rs3.76 per unit increase in electricity rates for a quarterly…
Pakistan Selects Six Companies to Bid for PIA Privatization
Pakistan has selected six companies qualified to bid for the national carrier Pakistan International Airlines (PIA), the privatisation minister announced…