IPPs accused of overcharging consumers through costly coal procurement
Consumer groups have repeatedly raised concerns over coal procurement practices by independent power producers (IPPs), including during public hearings. The…
Finance
Pakistan estimates mineral wealth at over $7 trillion, says planning minister
Planning Minister Ahsan Iqbal has said Pakistan’s mineral resources are estimated to be worth around $7 trillion, but attracting investment…
Stocks rebound 404 points amid volatile trading
The Pakistan Stock Exchange (PSX) closed higher on Tuesday, with the benchmark KSE-100 index gaining 404.02 points, or 0.23 per…
PSX declines despite Pakistan’s credit rating upgrade
The Pakistan Stock Exchange (PSX) closed lower on Monday despite Moody’s upgrade of Pakistan’s credit rating, as late-session profit-taking wiped…
Private sector repays Rs393bn in first six weeks of fiscal year
Private-sector businesses retired Rs393.4 billion in net bank debt during the first six weeks of the current fiscal year, signalling…
Business Facilitation Centre helps attract Rs6.6bn investment
The Business Facilitation Centre (BFC) has helped facilitate investments worth Rs6.6 billion during its first year of operation, Federal Minister…
FBR simplifies sales tax registration process for businesses
The Federal Board of Revenue (FBR) has introduced a risk-based system to simplify and speed up sales tax registration for…
Pakistan Forex Rates: Latest Currency Exchange Rates
Major international currencies remained among the most closely monitored rates in Pakistan, with the US dollar, euro, British pound, UAE…
Kabul’s Shift to Alternative Trade Routes Puts Pakistan at Risk
The sharp decline in Afghanistan’s transit trade through Pakistan is emerging as one of the clearest signs of Kabul’s efforts…
US Sanctions Threaten to Disrupt China’s Iranian Oil Imports
US Treasury Secretary Scott Bessent was scheduled to hold a press conference on Monday night as Washington continued to tighten…