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NEPRA indicates yet another tariff hike
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has indicated an impending increase in power tariff for…
Govt sees inflation slowing down to 27%
ISLAMABAD: The government on Wednesday said the pace of inflation would slow down to 27% this month but linked achieving the new…
FBR freezes PIA’s accounts
KARACHI: The Federal Board of Revenue (FBR) has once again frozen the accounts of the Pakistan International Airlines (PIA) over…
CPI inflation expected to slow down
KARACHI: Pakistan’s Consumer Price Index (CPI) inflation growth rate is anticipated to slow down modestly on a year-on-year (YoY)…
China approves deferment of Pakistan’s $2.1bn loan for two years
China has approved the deferment of a loan of $2.1 billion to Pakistan for two years.
According to sources in the Finance…
Banking spreads reach 20 year high
KARACHI: Pakistan’s weighted average banking spread – the difference between the interest rate that banks charge on lending and…
NEPRA okays govt request for power tariff hike
ISLAMABAD:
The National Electric Power Regulatory Authority (Nepra) on Tuesday approved the government’s request for increasing…
Businessmen warn of mass industrial shutdowns
KARACHI: Business community leaders have vehemently condemned the recent hike in electricity rates and issued a stark warning of…
‘Pakistan’s energy sector can save over $8b in 10 years’
ISLAMABAD: An independent study conducted by the Policy Research Institute for Equitable Development (PRIED) and Renewables First,…
Salaried class pays nearly 200% more tax than exporters, retailers
ISLAMABAD: Pakistan’s salaried class paid Rs264.3 billion in income tax in the just-ended fiscal year – a sum that is nearly 200%…