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ISLAMABAD: In line with the agreement signed with the International Monetary Fund (IMF), the caretaker government has jacked up the petroleum development levy on petrol to...
KARACHI: Bears maintained a firm grip on the Pakistan Stock Exchange (PSX) on Thursday as the benchmark index tanked nearly 4% amid fears over the worsening...
ISLAMABAD: The costly imported coal inventory held by coal-based power plants, along with system limitations such as the HVDC transmission line’s inability to fully transport cost-effective...
ISLAMABAD: The Pakistan Telecommunication Company Limited (PTCL) has announced its board’s decision approving the acquisition of a telecom company, Telenor Pakistan — a cellular and digital services...
ISLAMABAD: Amid unabated countrywide protests against inflated electricity bills, the federal cabinet meeting on Tuesday failed to announce immediate relief for inflation-hit masses and decided to...
ISLAMABAD: Amid a recent increase in global oil rates along with depreciation in the value of the rupee against the US dollar — which has impacted...
ISLAMABAD/ PESHAWAR: In the wake of mass protests against the hike in electricity bills and additional taxes across the country, top officials in the power and...
ISLAMABAD: Power sector’s Transmission and Distribution (T&D) losses have surged to whopping Rs520.3 billion with Peshawar Electric Power Supply Company (PESCO) registering the highest-ever deficit of...
ISLAMABAD: Amid failure to notify a hike in gas tariff, Pakistan is likely to face annoyance from the International Monetary Fund (IMF) ahead of its next...
KARACHI: The Pakistani rupee ended the week on a negative note at a record closing low of 301 against the US dollar in the interbank market,...
