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Electricity prices likely to fall as quarterly adjustment proposed

Electricity prices likely to fall as quarterly adjustment proposed

Electricity prices across Pakistan, including for consumers of K-Electric, are likely to decrease under a proposed quarterly adjustment submitted to…
Govt introduces public-driven model for area development projects

Govt introduces public-driven model for area development projects

Now citizens have been given the right to suggest development schemes for their areas, it was reported on Wednesday. As…
SC, FCC have distinct jurisdictions, neither is subordinate, rules Supreme Court

SC, FCC have distinct jurisdictions, neither is subordinate, rules Supreme Court

The Supreme Court (SC) of Pakistan has ruled that the Supreme Court and the Federal Constitutional Court are “coordinate courts”…
Middle East tensions pose downside risks to Pakistan’s financial stability: SBP

Middle East tensions pose downside risks to Pakistan’s financial stability: SBP

KARACHI: The State Bank of Pakistan (SBP) has cautioned that prolonged uncertainty stemming from the Middle East conflict could pose…
Oil prices fall a second day as Trump indicates possible Iran peace deal

Oil prices fall a second day as Trump indicates possible Iran peace deal

Oil prices fell for a second day on Wednesday on expectations bottled up supply from the key Middle East producing…
SIFC proposes export of refurbished used cars

SIFC proposes export of refurbished used cars

ISLAMABAD: The Special Investment Facilitation Council (SIFC) has proposed introducing an import-refurbishment-export (IRE) model for used cars in Pakistan, on the…
IMF seeks strict safeguards for Pakistan’s Sovereign Wealth Fund under new legal framework

IMF seeks strict safeguards for Pakistan’s Sovereign Wealth Fund under new legal framework

ISLAMABAD: The International Monetary Fund (IMF) has called on Pakistan to ensure the full operationalisation of its Sovereign Wealth Fund…
IMF warns prolonged Iran conflict could push oil to $125, worsen global economic outlook

IMF warns prolonged Iran conflict could push oil to $125, worsen global economic outlook

WASHINGTON: The International Monetary Fund (IMF) has warned that a prolonged conflict involving Iran could significantly disrupt global markets, particularly…
K-Electric announces no load-shedding policy in areas experiencing extreme heat

K-Electric announces no load-shedding policy in areas experiencing extreme heat

K-Electric has announced a special relief measure for Karachi residents amid an ongoing heatwave, stating that no load shedding will…
PSX: KSE-100 holds near 164,000 amid global uncertainty

PSX: KSE-100 holds near 164,000 amid global uncertainty

Pakistan’s equity market showed restrained momentum on Tuesday as investors navigated geopolitical uncertainty and mixed global cues, particularly surrounding ongoing…
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