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Power generation rises, fuel cost falls
KARACHI: Pakistan’s power generation increased 7.4% to 44,138 gigawatt hours (GWh) in the first three months (Jul-Sept) of current…
CAA to get $1.36b in upfront fee
ISLAMABAD: Pakistan Civil Aviation Authority (CAA) is expected to collect $1.36 billion in upfront fee over a period of 15 years…
Fishermen demand fully fledged policies
KARACHI:
Pakistan’s neglected fisheries sector needs fully fledged policies to become a major industry and give fisherman the…
The Rs75 banknote controversy
KARACHI: In an effort to make Pakistan and its central bank’s 75-year celebrations more memorable in 2022 and 2023, respectively,…
Sindh, K-P to pay more for gas
ISLAMABAD: The Petroleum Division has, in a summary prepared for review by the Economic Coordination Committee (ECC), proposed a…
KE consumers brace for Rs3.2 per unit hike
ISLAMABAD: Consumers of K-Electric are likely to face another hike in electricity rates on account of quarterly tariff adjustment.…
Stocks surge past 50,000-point barrier
KARACHI: Bulls were back in driving seat at the Pakistan Stock Exchange (PSX) on Thursday as the market surged over 900 points and…
Pak Suzuki board approves PSX delisting
KARACHI: Pak Suzuki Motor Company – a Japanese carmaker in Pakistan – on Thursday announced that its board of directors had…
Rupee recovers nearly Rs1.5 in inter-bank
KARACHI: Pakistani currency, while dismissing the negative sentiment, quickly recovered to slightly below Rs279 against the US…
Current account reaches breakeven in September
KARACHI: Pakistan’s current account balance almost reached breakeven with a nominal deficit of $8 million for September 2023,…