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ISLAMABAD: The government on Wednesday signed loan facilities worth approximately Rs1.225 trillion with 18 banks to settle the outstanding dues of Independent Power Producers (IPPs) parked in circular debt. These dues will be serviced through a Rs3.23 per unit surcharge on consumers for a period of ...
Read Full Article•Directs PFAs to report contributions above $10,000 By Rosemary Iwunze As the pension fund continues to grow, hitting N24.6 trillion by June 2025, Pension Fund Administrators, PFAs, now...
On a balmy February night at Cape Town two years ago, Ireland’s Leah Paul stood at her bowling mark in the 19th over of the innings; her side having had a tough day in the field — courtesy of the batt...
• Yearly report on nuclear energy criticises Chashma-5 for high cost, precedence over renewable energy projects • World Nuclear Industry Status Report says solar outshone nuclear in terms of efficienc...
By Elizabeth Adegbesan The Naira yesterday appreciated to N1,515 per dollar in the parallel market from N1,518 per dollar on Tuesday. Similarly, the Naira appreciated to N1,486.8 per dollar in ...
THE World Bank has issued a stark warning to Pakistan in a report released on Tuesday. The country’s growth model has run its course, and over the past five years, the number of people living below th...
ISLAMABAD: The National Assembly’s Committee on Cabinet Secretariat has denounced the rampant unannounced loadshedding by electricity distribution companies (Discos) and termed it the violation of...
• Allowing judges to target peers would lead to ‘internal conflicts’, Justice Mandokhail warns • Ruling underscores principle of judicial equality, places emphasis on judicial discipline; affirms that...
• Diplomats head back to Washington to prepare, but officials remain guarded about prospects of ‘flagship engagement’ at the White House • Premier asks IMF to take flood damage into account as lender’...
Iranian President Masoud Pezeshkian on Wednesday welcomed the mutual defence deal struck between Pakistan and Saudi Arabia as the beginning of a “comprehensive regional security system”. Pakistan and...