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Category: Business

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  • Page 76
Electricity Price Hike Proposal to Burden Pakistani Consumers by Billions
  • Business

Electricity Price Hike Proposal to Burden Pakistani Consumers by Billions

  • Usama Mudassar
  • November 6, 2024
  • 0

As Pakistan’s energy sector continues to evolve, achieving a stable and affordable electricity supply remains a top priority. By focusing on sustainable practices and efficiency improvements

Dollar Strengthens in Pakistan: 9 Paisa Rise in Interbank Market as Interest Rate Drops to 15%
  • Business

Dollar Strengthens in Pakistan: 9 Paisa Rise in Interbank Market as Interest Rate Drops to 15%

  • Usama Mudassar
  • November 5, 2024
  • 0

The central bank’s monetary policy changes reflect an effort to stimulate the economy, even as minor fluctuations in the exchange rate continue. With this two-pronged approach

NEPRA Increases Electricity Rates for Karachi: 40-Paise Per Unit Hike Explained
  • Business

NEPRA Increases Electricity Rates for Karachi: 40-Paise Per Unit Hike Explained

  • Usama Mudassar
  • November 5, 2024
  • 0

NEPRA’s recent increase in electricity rates for Karachi’s K-Electric consumers is a response to fuel price adjustments aimed at maintaining the financial stability of energy providers

Global Crude Oil Prices Impacted by Rising Iran-Israel Tensions Amid Military Threats and Market Shifts
  • Business

Global Crude Oil Prices Impacted by Rising Iran-Israel Tensions Amid Military Threats and Market Shifts

  • Usama Mudassar
  • November 4, 2024
  • 0

The recent fluctuation in crude oil prices underscores the global market’s sensitivity to geopolitical dynamics, especially in conflict-prone regions like the Middle East. While recent reports indicate

Proposed State Bank Act Amendments: Dual Citizenship Eligibility, Digital Currency Introduction, and Key Changs”
  • Business

Proposed State Bank Act Amendments: Dual Citizenship Eligibility, Digital Currency Introduction, and Key Changs”

  • Usama Mudassar
  • November 4, 2024
  • 0

The proposed amendments to the SBP Act reflect a progressive approach by the Ministry of Finance. By allowing dual citizenship holders to serve in the central bank and introducing digital currency

IMF Rejects FBR’s Request for Tax Target Revision, Pakistan Faces Possible 500 Billion PKR Mini-Budget Amid Leadership Changes
  • Business

IMF Rejects FBR’s Request for Tax Target Revision, Pakistan Faces Possible 500 Billion PKR Mini-Budget Amid Leadership Changes

  • Usama Mudassar
  • November 2, 2024
  • 0

The rejection of the FBR’s request for a revision of tax targets by the IMF has set the stage for a challenging period for Pakistan’s economy. The proposed mini-budget and changes in leadership within the FBR

Pakistan Stock Market Soars 256 Points as Hundred Index Hits New High; USD Faces Fresh Decline
  • Business

Pakistan Stock Market Soars 256 Points as Hundred Index Hits New High; USD Faces Fresh Decline

  • Usama Mudassar
  • October 31, 2024
  • 0

The stock market’s early gain of 256 points on Thursday, along with the continued depreciation of the US dollar, are positive indicators for Pakistan’s economy. While challenges remain

FBR Issues New Official Property Rates to Enhance Tax Revenue, Effective November 1
  • Business

FBR Issues New Official Property Rates to Enhance Tax Revenue, Effective November 1

  • Usama Mudassar
  • October 30, 2024
  • 0

The FBR’s decision to revise property rates is a pivotal move toward fostering a more transparent and efficient property tax system in Pakistan. Effective from November 1, these rates aim to increase tax revenue

Rising Food Prices in Pakistan: Essential Commodities Beyond Reach for Many Citizens
  • Business

Rising Food Prices in Pakistan: Essential Commodities Beyond Reach for Many Citizens

  • Usama Mudassar
  • October 29, 2024
  • 0

The current trend of rising food prices has placed a significant strain on Pakistan’s citizens, and without intervention, the situation may worsen. Essential items that were once affordable

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