By Staff Reporter
ISLAMABAD: Pakistan, struggling with weak finance, withdrew a fixed tax of Rs3000 on small traders with electricity consumption of less than 150 units per month after countrywide protests from businesses that have been ill-prepared for the change.
By Staff Reporter
ISLAMABAD: The government on Sunday night announced a decrease in petrol price to pass on a decline in global prices to inflation-hit consumers.
By Staff Reporter
ISLAMABAD: State-run Pakistan State Oil (PSO) was rescued by the government on Sunday through a Rs30 billion emergency funding as the state-run oil giant, buckling under the cost of soaring oil import prices and stuck-up receivables, was racing against the clock to avoid becoming the country’s first default.
Corruption is as old as civilisation itself. The problem is, it has come to be seen as the norm in our country – thanks in
Pakonomics notes the budget targets have been formulated in a politically constrained environment, but assesse Pakistan’s outlook as “unpredictable” because of political instability. By Staff
Officials say the curbs on CBUs of automobiles, cellular mobile handsets, and home appliances will stay for now. By Muhammad Ali ISLAMABAD: There is still
A crusader top judge has taken it upon himself to address all ills of the polity above and beyond Constitutional sanction. What could go wrong?
By Staff Reporter
ISLAMABAD: Army chief General Qamar Javed Bajwa has reached out to the US for an early disbursal of the $1.2 billion loan from the IMF’s bailout programme as the cash-strapped country grapples with dwindling foreign exchange reserves inching towards foreign debt obligations.
By Staff Reporter
ISLAMABAD: Power regulator Nepra on Thursday allowed fuel cost adjustments (FCA) of Rs11.37 to Karachi-based power utility K-Electric and Rs9.89/unit to electricity distribution companies Discos.
By Staff Reporter
ISLAMABAD: The government on Thursday lifted a nearly two-month ban on the import of several non-essential luxury goods despite an alarming low levels of foreign currency reserves.
