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Business

Government Tax on Solar Net Metering: Are New Charges Imminent?

Federal Minister for Power Division Awais Leghari clarified that the government has no intention of imposing taxes on solar net…

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PSX Surpasses 75,000 Points Following MSCI Upgrade

The Pakistan Stock Exchange (PSX) surpassed the 75,000-point mark for the first time on Wednesday after MSCI, a global index…

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IMF Calls for Rs.7 per Unit Hike in Electricity Tariff to Address Pakistan’s Power Sector Debt

The International Monetary Fund (IMF) has demanded a further increase in electricity prices, citing an additional burden of Rs 150…

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SBP Report Highlights Challenges Amidst Signs of Economic Recovery

The State Bank of Pakistan (SBP) highlighted that political instability and erratic economic policies have worsened the country's economic situation…

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PM Shehbaz Sharif Announces Comprehensive Privatization Plan for SOEs

Prime Minister Shehbaz Sharif announced Tuesday that Pakistan will privatize all state-owned enterprises except strategic entities. This expands the initial…

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IMF Projects Decline in Inflation and Increase in Pakistan’s Reserves Over Four Years

The International Monetary Fund (IMF) has forecasted a continuous decline in inflation and an increase in official reserves to over…

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Pakistan and IMF Start Talks on 24th Bailout Programme with Rs1.6 tr Adjustment

Pakistan and the International Monetary Fund (IMF) started negotiations on the 24th ‘longer and larger’ bailout programme. The discussions began…

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PSX Crosses 74,000 Mark as Bulls Dominate Market

On Monday, bullish activity propelled the Pakistan Stock Exchange (PSX) past a significant threshold, with the KSE-100 index surpassing the…

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Petrol Prices May Drop by Rs14 After Mid-May

In a move that could relieve the inflation-stricken public, the government is poised to reduce fuel prices, potentially decreasing up…

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