Business

Reko Diq feasibility study completed, OGDCL confirms $627m investment

Reko Diq feasibility study completed, OGDCL confirms $627m investment

ISLAMABAD: The Oil and Gas Development Company Limited has announced the completion of the Reko Diq feasibility study, confirming investment…
Tariff cut, Rs11bn waiver offered by 7 IPPs if Nepra ends legal action

Tariff cut, Rs11bn waiver offered by 7 IPPs if Nepra ends legal action

ISLAMABAD: Seven independent power producers (IPPs) have offered to cut electricity tariffs by up to Re0.50 per unit and waive…
Majority in Pakistanis have no access to financial services: ADB

Majority in Pakistanis have no access to financial services: ADB

ISLAMABAD: A majority of population in Pakistan have no access to financial services, says an Asian Development Bank (ADB) report…
Federal govt approves PIA privatization

Federal govt approves PIA privatization

The federal government has decided to privatize Pakistan International Airlines (PIA), approving the sale of 51% to 100% of its…
FBR extends sales tax return deadline to March 27

FBR extends sales tax return deadline to March 27

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the deadline for filing Sales Tax and Federal Excise returns to…
PSX drops sharply amid cement sector concerns

PSX drops sharply amid cement sector concerns

The bourse opened the week on a negative note, plunging sharply amid concerns in the cement sector, low trading volumes…
Oil prices explode after this shocking move by US

Oil prices explode after this shocking move by US

Oil prices extended their gains for a fifth straight session on Tuesday, driven by concerns over potential supply constraints following…
NHA to hike toll on highways, motorways from April 1

NHA to hike toll on highways, motorways from April 1

ISLAMABAD: The National Highway Authority (NHA) on Monday unveiled a new toll structure for national highways and motorways, set to…
Inflation to hover between 1-1.5% in March as inflationary pressures ease

Inflation to hover between 1-1.5% in March as inflationary pressures ease

ISLAMABAD: Continuing its steady trend, Pakistan’s Consumer Price Index (CPI)-based inflation is anticipated to hover between 1-1.5% in March 2025…
IMF rejects FBR plea to reduce property transaction taxes

IMF rejects FBR plea to reduce property transaction taxes

ISLAMABAD: The International Monetary Fund (IMF) has ultimately declined the Federal Board of Revenue’s (FBR) request to lower transaction taxes…
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