Pakistan's power authority makes electricity dearerPakistan's electricity prices saw a slight bump of PKR 0.20 per unit in December 2024 due to a quarterly adjustment. This increase, totalin...
12 Dec, 2024, 10.52 AM IST
Oversees Pakistani group Al Nihang offers to acquire debtridden Pakistan's national airlinesAl-Nihang, a Pakistani group based overseas, has submitted a bid of PKR 100 billion to acquire Pakistan International Airlines (PIA). The o...
09 Nov, 2024, 10.08 AM IST
Samosa-like prices for Pakistan-Bangladesh Test tickets. There are discounts and refund facility as wellThe Pakistan-Bangladesh Test series, part of the ICC World Test Championship 2023-25, starts with ticket prices as low as PKR 50 or Rs 15. ...
14 Aug, 2024, 09.27 AM IST
Pak: Fiscal challenges mount as interest payments surge, development sector suffersPakistan's Ministry of Finance (MoF) has issued a cautionary statement regarding mounting fiscal pressures attributed to a significant 54% ...
06 May, 2024, 03.22 PM IST
How Pakistan's electricity crisis is leading to rising spectre of social unrestInflation in electricity prices in Pakistan has been increasing steadily, adding to the economic challenges the country is facing. The pric...
01 Sep, 2023, 10.36 AM IST
Pakistan government struggles to find a fix to 'electricity price shock' amid countrywide protestsThe price of petrol and high-speed diesel is estimated to rise by about PKR 9-10 per litre and PKR 18-20 per litre, respectively on August ...
29 Aug, 2023, 06.15 PM IST
Pakistan petroleum dealers threaten to shut down fuel stationsPetroleum dealers in Pakistan have threatened to shut down fuel stations across the country if the government fails to increase their profi...
21 Jul, 2023, 01.27 PM IST
Pakistan's new budget fail to meet expectations to boost economyThe total expenditure stipulated by the FY 2023-24 budget is PKR 14.46 trillion (USD 50.45 billion), out of which PKR 1.8 trillion has been...
18 Jun, 2023, 06.29 AM IST
Pakistan to shut markets by 8 pm to save electricityPakistan's federal and provincial governments have unanimously decided to shut markets by 8 p.m. across the country as part of the efforts ...
07 Jun, 2023, 01.19 PM IST
Pakistan government's debt jumped by PKR 4 trillion in January 2023The figure was PKR 42.39 trillion in January 2022, which means it has increased by 30 per cent over the past year. Meanwhile, domestic debt...
08 Mar, 2023, 09.35 PM IST
Lack of tenable answers to the IMF may delay release of funds to Pakistan: ReportPakistan had in the current fiscal, estimated flood-related reconstruction costs at PKR 251 billion (USD 1.1 billion). The IMF had asked Pa...
24 Dec, 2022, 01.55 PM IST
Pakistan army chief reaches out to UAE, Saudi authorities on IMF loanAccording to reports, Bajwa had also appealed to the US to help Islamabad secure an early dispersal of USD 1.2 billion in funds under the I...
05 Aug, 2022, 06.42 PM IST
Cash-strapped Pakistan imposes PKR 30 bn as additional taxes to prevent default on oil and gas paymentsThe decision was taken at a special meeting of the Economic Coordination Committee (ECC) of the Cabinet presided over by the Finance Minist...
01 Aug, 2022, 12.25 PM IST
China rolling over Pakistan's USD 2 billion loan at reduced rateThe Pakistani daily said the Chinese leadership has assured Prime Minister Shehbaz Sharif that they will not merely continue to stand with ...
13 Jun, 2022, 07.51 PM IST
Imran Khan took away PKR 150 million official vehicle after being ousted from power: Information MinisterKhan insisted that he wanted to keep the car, even though he had earlier criticised previous governments for keeping expensive cars in the ...
02 May, 2022, 05.34 PM IST
Defence Budget: Pakistan's misplaced prioritiesA closer look at the budget details revealed that Rs 1,289 billion figure does not include Pakistani Rs 369 billion allocated for pensions ...
15 Jun, 2020, 09.38 AM IST
Moody's downgrades Pakistan's ratings to negative from stableDownsizing of Pakistan's ratings came ahead of general election in the country on July 25.
21 Jun, 2018, 04.01 PM IST