Business

Electricity Price Hike Alert: 48 Paisa Per Unit Expected

NEPRA to review CPPA request for fuel price adjustment; rates may rise from January 29. Islamabad: Pakistan’s electricity consumers may face higher bills as NEPRA...

SBP injects Rs 358.5 billion in the market

KARACHI (Web Desk) - The State Bank of Pakistan (SBP) said it has injected Rs 358.5 billion through Reverse Repo Purchase and Shariah Compliant...

Karachi Port opens off-dock terminals to Uzbek investors

KARACHI (Web Desk) - Pakistan on Thursday invited Uzbek industry and trade stakeholders to consider operating dedicated off-dock terminals at Karachi Port, according to...

Markets roar back as PSX gains over 3,000 points

KARACHI (Web Desk) – Pakistan Stock Exchange (PSX) on Friday staged a strong recovery, snapping days long bearish momentum as increasing forex reserves have...

Energy sector reforms cut DISCO losses Rs242bn below IMF target

(Web Desk) - Pakistan’s energy sector reforms are beginning to show tangible results, with a significant reduction recorded in electricity distribution losses and circular...

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