ISLAMABAD: The government has reduced petroleum prices for September 23, cutting petrol by Rs1.70 per litre and high-speed diesel (HSD) by Rs3.12 per litre, offering limited relief to consumers amid…
Monitoring Desk Global crude oil prices fell sharply, with US West Texas Intermediate (WTI) dropping more than 4.5% to $95.78 a barrel and Brent declining 3.4% to $100.34, as markets…
ISLAMABAD: Pakistan’s privatisation of Islamabad Electric Supply Company (IESCO) has entered a new phase with 10 domestic and international investor groups submitting Expressions of Interest (EOIs) for stakes ranging from…
ISLAMABAD: Already battered by high inflation, consumers face a mixed fuel-price trend as petrol rises by Rs4.61 per litre to Rs393.75, while diesel falls by Rs1.96 to Rs422.08, offering limited…
ISLAMABAD: Consumers of ex-WAPDA distribution companies could face a Rs1.7267 per-unit increase in electricity prices under the August 2026 Fuel Charges Adjustment, with CPPA-G seeking the hike from NEPRA against…
ISLAMABAD: Pakistan has welcomed the interest of Turkish investors in the privatisation of its power distribution companies (DISCOs), as Islamabad seeks to attract private investment and deepen institutional and technical…
ISLAMABAD: Pakistan’s current account deficit fell 70% year-on-year in August, while large-scale manufacturing output increased 9.5% month-on-month, pointing to improvement across several key economic indicators. According to data released by…
ISLAMABAD: Pakistan’s foreign exchange reserves have reached a historic high of around $21.4 billion, with Prime Minister Shehbaz Sharif describing the development as another milestone towards economic stability. According to…
ISLAMABAD: More than one million registrations have been completed under the Prime Minister’s Fuel Relief Scheme, while over 800,000 fuel relief tokens have been generated across the country, according to…
ISLAMABAD: The All Pakistan Goods Transport Alliance has announced a 7% increase in freight charges, citing a sharp rise in diesel and petrol prices over the past week. President of…