The Federal Board of Revenue (FBR) has provisionally collected Rs. 1.635 trillion during the first quarter (July-September) 2022-23 against the… Read More
Ishaq Dar Announces Big Decrease in Petrol Prices Within Days of Taking Charge
Finance Minister, Ishaq Dar has announced a reduction in prices of petroleum products to pass on the benefit of decreasing… Read More
Circular Debt Soars to Rs. 2.5 Trillion
The Senate Standing Committee on Power has been informed that the circular debt of the power sector has reached up… Read More
Pakistan Railways Finally Restores Quetta-Taftan Track After 2 Months
Pakistan Railways has finally restored the Quetta-Taftan Railway track after more than two months. The track was rendered useless on… Read More
Power Consumers Charged Additional Rs. 97 Billion in FY22
The end power consumers have been burdened with an additional approximately Rs. 97 billion on account of the operation of… Read More
Capacity Payments to IPPs Increase by Rs. 107 Billion in FY22
The capacity payments to the Independent Power Producer (IPPs) have increased by Rs. 107 billion to Rs. 721 billion in… Read More
Finance Ministry Outlines Economic Challenges Pakistan Faces After Floods
Already confronting inflationary and external sector pressures, Pakistan’s economy is under severe economic and humanitarian crisis due to recent flash… Read More
Pakistan Insurance Industry’s Gross Premium Increases by 21.7% to Rs. 432 Billion in 2021
Pakistan’s insurance industry has written a gross annual premium of Rs. 432 billion as of December 2021, as compared to… Read More
Pakistan Railways Facing Fuel Crisis After Floods Induce Damage Worth Billions
Pakistan Railways is experiencing yet another crisis of fuel shortage as the lack of revenue causes the state-run company to… Read More
Energy Minister Asks DISCOs to Install Advanced Meters to Curb Losses
The Minister for Energy (Power Division) has directed all distribution companies (DISCOs) to install Advanced Metering Infrastructure (AMI) on all… Read More
Thar Energy Ready to Generate 330 MW Power
Thar Energy Limited is ready to generate 330 Mega Watt electricity from the next month as the power project has… Read More
SMEDA Initiates SME Development Process in Gilgit-Baltistan
The Small and Medium Enterprises Development Authority (SMEDA) has laid down a strategy to promote Small and Medium Enterprises (SMEs)… Read More
