The federal government on Wednesday slashed prices of petroleum products for the next fortnight. According to a notification issued by… Read More
Citi Pharma Announces Shift to Solar Power, Expects Annual Savings of Over Rs. 100 Million
Citi Pharma Ltd (PSX: CPHL) announced on Wednesday that it is transitioning from traditional energy sources to solar power. “In… Read More
Cnergyico Temporarily Shuts Down Refinery Due to High Petroleum Products Stocks
Cnergyico PK Limited, Pakistan’s largest vertically integrated oil refining company, Tuesday announced that it is temporarily shutting down its refinery.… Read More
Pakistan’s Remittances Drop by 5% to $2.81 Billion in April
Remittances sent by overseas Pakistanis fell by 4.7 percent to $2.81 billion in April 2024 compared to inflows of $2.95… Read More
SBP Reserves Cross $9 Billion Mark for First Time Since July 2022
The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $1.1 billion on a weekly basis… Read More
NEPRA Hikes Electricity Tariff by Rs. 2.83 Per Unit
The National Electric Power Regulatory Authority (NEPRA) on Wednesday notified a Rs. 2.83 per unit increase in the price of… Read More
Telcos Claim FBR’s Order to Block Mobile SIMs is Illegal
Telecom operators have asked the Ministry of Information Technology and Telecommunication and the Pakistan Telecommunication Authority (PTA) to intervene to… Read More
SBP Reserves Cross $8 Billion, Yet to Reflect $1.1 Billion IMF Loan
The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $25 million on a weekly basis… Read More
Ghandhara Tyre to Install 2 MW Rooftop Solar Plant
Ghandhara Tyre and Rubber Company Limited (GTYR) Thursday announced that it will install a 2MW rooftop solar plant. In a… Read More
Govt Announces Slight Cut in Prices of Petrol and Diesel
The federal government Tuesday announced a reduction in the prices of petroleum products. According to a notification issued by the… Read More
FBR Orders PTA, Telcos to Block SIMs of Over 0.5 Million Non-Filers
The Federal Board of Revenue (FBR) has issued Income Tax General Order (ITGO) to disable the mobile phone SIMs of… Read More
Govt Expects Inflation to Ease to 17.5-18.5% in May
The Finance Division expects inflation to ease to 17.5-18.5 percent in May 2024 while it is projected to hover around… Read More
