The Central Power Purchasing Agency (CPPA) has filed a petition with the National Electric Power Regulatory Authority (NEPRA), seeking an… Read More
Current Account Records a Whopping $3.4 Billion Deficit in Q1 FY22
Pakistan’s current account recorded a massive deficit of $3.4 billion in the first quarter of FY2021-2022 owing to the increasing… Read More
Govt Mulls to Forcefully Reduce Oil and Ghee Prices Under Law
The government is seriously considering invoking the Price Control and Prevention of Profiteering & Hoarding Act, 1977, to forcefully notify… Read More
AGP Directs SBP to Recover Rs. 20.6 Billion From DFIs Including Banks
The Auditor General of Pakistan has directed the State Bank of Pakistan (SBP) to recover Rs. 20.61 billion from eight… Read More
PTA Renews Jazz Spectrum License after IHC Verdict
Pakistan Telecommunication Authority (PTA) has renewed the Jazz license, due for renewal since 2019, after the dismissal of a petition… Read More
Govt Decides Power Consumers to Pay Additional Rs. 1.39 Per Unit from Nov 1
In view of the soaring circular debt, the government has decided to increase the per-unit electricity tariff by Rs. 1.39… Read More
FBR Collects Extra Rs. 47.4 Billion With 2.47 Million Tax Returns
The Federal Board of Revenue has collected income tax of Rs. 47.4 billion until now, while a total of 2.475… Read More
HBL Declares Profit of Rs. 27 Billion in First 9 Months of 2021
The Board of Directors of HBL has announced the financial results for the nine months period that ended on September… Read More
Archroma Pakistan Declares ‘Force Majeure’ Amid Supply Delays from China
Leaching foreign company, Archroma Pakistan, has expressed its inability to manufacture and supply goods due to delays in the delivery… Read More
STZA Signs MoUs With MasterCard, Galaxy Racer & Sharooq Partners
The Special Technology Zones Authority (STZA) has signed three Memorandums of Understanding (MoUs) with international companies to attract foreign direct… Read More
RCCI Chief Vows to Facilitate Builders & Realtors in Every Way
The estimated worth of the real estate sector is $300 to $400 billion and there are more than 40 allied… Read More
Senate Panel Discusses Hurdles in Privatizing Convention Center & Other Buildings
A plethora of issues and hurdles have slowed down the process of privatizing the Jinnah Convention Center, Islamabad, the Services… Read More
