June 24, 2022: A delegation of K-Electric led by Sheikh Abdulaziz Hamad Aljomaih called on Prime Minister Muhammad Shehbaz Sharif on Thursday wherein the prime minister was apprised of the K-Electric’s longstanding resolvable
June 23, 2022: K-Electric requested National Electric Power Regulatory Authority to allow an increase in the power tariff by Rs 11.33 per unit on account of fuel charges adjustment (FCA) for the month
June 23, 2022: Federal Minister for Energy, Khurram Dastgir Khan Thursday said, the government is negotiating with Russia to import wheat as the US and EU sanctions against Moscow were not applicable on
June 23, 2022 (MLN): Federal Minister for Finance and Revenue Mr. Miftah Ismail assured the delegation of All Pakistan Textile Mills Association (APTMA) of full support of the present government and directed the
June 23, 2022 (MLN): The government has not withdrawn any notification on the minimum rates of wages for labour, the ministry of finance on Thursday clarified. In a statement, the ministry said, “it
June 23, 2022 (MLN): The total liquid foreign exchange reserves held by the country dropped by $733 million or 4.9% WoW to stand at the lowest level of $14.2 billion since Jan 18,
June 23, 2022 (MLN): The country’s overall nutrients offtake dropped by 21.8% to 302,000 tonnes during May 2022 compared to the same month last year, the latest monthly report of fertilizer offtake issued
June 23, 2022 (MLN): This is the best time for local refineries to shift towards the production of environmentally compliant refined transportation fuels which will reduce the reliance on petroleum imports. This will
June 23, 2022: The Federal Government has allocated Rs 9.6 billion under Public Service Development Programme (PSDP) for Climate Change Division in the fiscal year 2022-23. The allocated amount of billions of rupees
June 22, 2022 (MLN): The much-awaited deal with IMF seems to be witnessing a major breakthrough as Pakistan and the fund have reached an understanding on changes in tax measures proposed in Federal
June 23, 2022 (MLN): Amidst the ongoing energy crisis, the Public Accounts Committee (PAC) in a meeting on Thursday decided to halt the free supply of electricity to the staff of distribution companies.
June 23, 2022: Germany said on Thursday it would raise the alert level under its emergency gas plan to secure supply following the recent reduction of pipeline supplies from Russia. “Gas is now
June 23, 2022: Indus River System Authority (IRSA) Thursday released 236,985 cusecs water from various rim stations with an inflow of 272,333 cases. According to the data released by IRSA, the water level
June 23, 2022: Federal Minister for Finance and Revenue, Miftah Ismail said here on Thursday that by taking tough decisions, the incumbent government had saved Pakistan from default as the previous regime led
June 23, 2022 (MLN): The stable urea demand amid the government’s efforts and pro-farmer policies and the attractive payout would make the fertilizer sector a safe play in CY22. The strong cash flows
January 21, 2021 (MLN): The National Accounts Committee (NAC) yesterday announced the rebasing of prices used for the calculation of Gross Domestic Product (GDP) to 2015-16 from 2005-06, which expanded the size of the economy
January 21, 2022: The central bank expects digital banks to promote financial inclusion by providing affordable financial services to unserved and underserved segments of society, Dr. Reza Baqir, Governor State Bank of Pakistan said in
January 21, 2022 (MLN): The Monetary Policy Committee (MPC) committee’s meeting is due next week with the markets expecting status quo in policy rate announcement. To recall, the State Bank of Pakistan (SBP) in the
January 21, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs430.5 billion into the market for 7 days at 9.9 percent. Summary of OMO Result
January 20, 2022: President Dr Arif Alvi called for adopting comprehensive solutions for the effective management of water in the country while chairing a meeting on the employment of integrated satellite communication and artificial intelligence
January 20, 2022 (MLN): The privatisation board was informed that six parties submitted statements of qualification for the revival of Pakistan Steel Mills and a prequalification committee was formulated to scrutinize the pre-qualified parties, said
January 20, 2022 (MLN): Pakistan Sri Lanka Free Trade Agreement (PSFTA) has contributed moderately to the enhancement of bilateral trade volume therefore the real potential of bilateral trade is still required to be achieved, Sri
January 20, 2022 (MLN): Mr Asif Inam, Chairman All Pakistan Textile Mills Association, Southern Zone has requested Prime Minister of Pakistan, Mr Imran Khan’s intervention to save the export-oriented textile industry of Sindh and Baluchistan
January 20, 2022 (MLN): The foreign exchange reserves held by the country dipped by $551.7 million or 2% WoW to stand at $23.35 billion during the week ended on January 14, 2022, compared to $23.9
January 20, 2021: Khawaja Shahzeb Akram, Acting President FPCCI, has proposed a non-political, inclusive, sustainable and legally-binding charter of the economy to forge an across the board contract and unflinching commitment towards economic growth, development
January 20, 2022: The Ministry of Information Technology has set a target to establish 18 more Software Technology Parks by the end of December 2022, aimed at providing space, related facilities and services to IT
January 20, 2022 (MLN): National Accounts Committee (NAC) approved the revised estimate of GDP growth for 2020-21 which was 5.37% when compared to the base year 2005-6. This is the second-highest growth in the last 14 years,
January 20, 2022: The oil and gas Exploration and Production (E&P) companies, operating in different parts of the country, have drilled around 217 wells including 87 exploratory and 130 appraisals and development during a 40-month
January 20, 2022: Indus River System Authority (IRSA) Thursday released 25,755 cusecs water from various rim stations with an inflow of 44,193 cusecs. According to the data released by IRSA, the water level in the
January 20, 2022 (MLN): The banking sector spread for the month of December 2021 decreased by 11 basis points (bps) over the month which brings its latest value to 4.07% as compared to the prior
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