Govt Working to End Six-Month Penalty for Using Over 200 Units of Electricity
ISLAMABAD: The government is working to end the six-month penalty of higher electricity charges for domestic consumers who exceed the 200-unit monthly threshold by even…
SBP keeps policy rate unchanged at 11.5pc in second monetary policy of FY27
The State Bank of Pakistan (SBP) on Monday kept the policy rate unchanged at 11.5 percent in the second monetary policy of the ongoing fiscal year, maintaining the benchmark interest…
ECC approves Rs75bn fuel relief package for motorcycles, rickshaws, 800cc cars
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved a Rs75 billion Technical Supplementary Grant (TSG) for the Prime Minister’s Fuel Relief Scheme, providing targeted fuel relief…
PM orders fuel relief scheme launch for motorcycles, rickshaws, vehicles up to 800cc
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday ordered the launch of a fuel subsidy scheme for owners of motorcycles, rickshaws and vehicles up to 800cc to provide relief to low-income…
Petrol, diesel prices surge by up to Rs6.10/litre in sixth straight hike
ISLAMABAD: The government has raised petrol price by Rs4.42 per litre and high-speed diesel (HSD) by Rs6.10 per litre, pushing fuel prices to new highs amid a sharp increase in…
ECC to consider Rs75bn fuel relief for 11.8m two-, three-wheeler and small-car users
ISLAMABAD: The Petroleum Division has proposed a Rs75 billion fuel relief scheme for 11.8 million users of two-wheelers, three-wheelers and cars up to 800cc, with the proposal to be placed…
ECC to Take Up Long-Delayed Refinery Upgrade Agreements on Sept 14
ISLAMABAD: After more than two years of negotiations, consultations and repeated delays, the draft Upgrade Agreement for Pakistan’s refinery modernisation programme is scheduled to be taken up by the Economic…
FBR Reportedly Imposes Rs80/Litre FED on Three Petroleum Products to Curb Adulteration
Monitoring Desk ISLAMABAD: The Federal Board of Revenue (FBR) has reportedly imposed Federal Excise Duty (FED) of Rs80 per litre on petroleum top naphtha, white spirit/mineral turpentine oil (MTT) and…
Transporters Announce Further 5% Freight Hike Amid Fuel Price Surge
ISLAMABAD: The All Pakistan Goods Transporters Alliance has announced a further 5% increase in freight charges following sharp increases in petroleum prices, warning that transporters could resume a nationwide strike…
NEPRA Approves $47bn Power Expansion Plan Through 2035, Flags Costly Capacity and Cheap Solar Concerns
ISLAMABAD: NEPRA has approved a $47 billion Integrated System Plan through 2035, projecting higher power demand and major generation additions while raising serious concerns over surplus capacity, costly investments and…
NEPRA Approves ISP 2025-35 as Demand Forecasts Draw Serious Reservations
ISLAMABAD: NEPRA has approved the revised Integrated System Plan (ISP) 2025-35 of ISMO, but expressed serious reservations over the demand assumptions underpinning the expansion plan amid declining grid demand, growing…