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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday notified a reduction of Rs2.32 per unit for Ex-WAPDA distribution companies (XWDISCOs) consumers on account of...
ISLAMABAD: In yet another hike, the prices of petroleum products may increase by over Rs32/litre from February 16 (tomorrow) owing to the US dollar exchange rate, The News reported. Petroleum,...
ISLAMABAD: Pakistan plans to quadruple its domestic coal-fired capacity to reduce power generation costs and will not build new gas-fired plants in the coming years, its...
KARACHI: The prices of petrol may witness a surge of Rs20 per litre in the next two weeks’ review — which is to be held on February 15,...
Gold prices petered out in Pakistan Monday as overstrung safe-haven investors preferred to sit tight amid the imposition of taxes and reversal of subsidies by the government...
ISLAMABAD: The federal cabinet on Sunday approved a plan to increase the power tariff and end subsidies ahead of virtual talks with the International Monetary Fund (IMF) starting...
KARACHI: The rupee is expected to start its recovery drive against the US dollar as the government’s efforts to secure the International Monetary Fund’s (IMF) bailout programme has...
Pakistan and the visiting International Monetary Fund (IMF) mission failed to arrive at a staff-level agreement after talks aimed at unlocking critical funds needed for the ailing South...
KARACHI: The refineries warned of a looming petrol crisis by mid-February if the government fails to resolve the payments issues of imported raw materials and additives...
Pakistani gold’s price continued to deflate for the fifth consecutive day on Thursday as the rupee’s clawback against the dollar tied safe-haven investors’ hands amid market...
