The recent massive appreciation in the value of Pakistani currency against the US dollar will fizzle out amid financing gaps, Bloomberg quoted Goldman Sachs Group Inc. as saying...
KARACHI: The State Bank of Pakistan (SBP) fined United Bank Limited (UBL), The Bank of Punjab (BoP), JS Bank Limited (JSBL) and Allied Bank Limited (ABL)...
ISLAMABAD: The federal government is providing the highest subsidy to K-Electric as compared to the state-run Power Distribution Companies (Discos), it emerged Wednesday. According to the...
The ongoing conflict between Israel and Hamas is not only causing human suffering but also taking a toll on regional economies, Managing Director of the International...
An International Monetary Fund (IMF) delegation is scheduled to visit Pakistan for talks regarding the initial assessment of the country’s $3 billion standby arrangement (SBA) on...
ISLAMABAD: The Federal Tax Ombudsman (FTO) has revealed the Federal Board of Revenue’s (FBR) failure to devise a standardised property valuation mechanism that aligns with the...
ISLAMABAD: The government has approved a hike of up to half a dollar per MMBTU or 3.8% in the prices of re-gasified liquefied natural gas (RLNG)...
BUSINESS Tuesday, October 24, 2023 Mehtab Haider Govt drops gas bomb as tariff hiked up to 193% ISLAMABAD: The government on Monday finally okayed a massive...
ISLAMABAD: The Economic Coordination Committee (ECC) will meet today (Monday) to green-light the plan to hike the gas tariff, a key part of the International Monetary...
ISLAMABAD: The Special Investment Facilitation Council (SIFC) has decided to only finance extremely important development projects in the provinces with 50% of funds allocated by the...