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ISLAMABAD: Kuwait agreed on Tuesday to “explore new opportunities” around building strategic storage in Pakistan’s petroleum sector, a statement by the Petroleum Division said, adding that the i...
• Petroleum minister says removing bottlenecks crucial to implementing long-delayed policy; terms local refineries ‘critical national assets’• Officials argue upgrades are in line with IMF’s...
ISLAMABAD: The government is considering reducing the income tax burden on salaried individuals while refraining from increasing salaries and pensions in the upcoming budget, aiming to provide equitab...
ISLAMABAD: Foreign economic assistance (FEA) inflows to Pakistan surged by almost 20 per cent to $6.594bn in the first three quarters (July-March) of the current fiscal year, mainly on the back of pro...
ISLAMABAD: Amid fuel constraints, the government on Tuesday formally announced more than two hours of daily loadshedding “during peak hours” to prevent a sharp increase in electricity tariffs. How...
Punjab leads with Rs609bn cash surplus, followed by Sindhs Rs354bn KP transfers Rs175bn; Balochistan sends Rs41bn Revenue-to-GDP ratio falls to 8.2pc in July-Dec despite reforms ISLAMABAD: Amid a...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) and the Power Division faced sharp criticism on Friday from a wide range of stakeholders over proposed changes to net-metering regul...
Proposes fixed monthly electricity charges of Rs200-675 for over 28.5m households Aims to raise Rs125bn to fund Rs4.04-per-unit relief for industry Nepra okays fuel adjustment; Feb bills to rise b...
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has protested against the proposed positive quarterly tariff adjustments (QTA) sought by power distribution companies (D...
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has protested against the proposed positive quarterly tariff adjustments (QTA) sought by power distribution companies (D...