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A new power plan : Part II

Please click here for part one of this article. The new Indicative Generation Capacity Expansion Plan (IGCEP) mentions nuclear energy. The nuclear option is limited to the addition of one plant of 1,000-1,300MW, which appears...

US retail sales little changed, signs of pullback after pre-tariff rush

WASHINGTON: Retail sales in the United States were near-flat in April, government data showed on Thursday, with indications that spending is slowing after consumers rushed to beat higher prices from President Donald Trump´s swe...

16-May-2025 Read More

RDA inflows drop 25% MoM in April

KARACHI: Inflows through the Roshan Digital Account (RDA) fell to $177 million in April, representing a 25 per cent decline from the previous month.RDA inflows reached $10.18 billion from September 2020 to April 2025. Analyst...

16-May-2025 Read More

Forex reserves continue uptrend, hit $15.61b

KARACHI: Pakistan's total liquid foreign currency reserves stood at $15.61 billion as of May 9, 2025, according to the latest data released by the State Bank of Pakistan (SBP). The foreign exchange reserves held by the State ...

16-May-2025 Read More

NEPRA flags power woes for industry

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has directed the Power Division to address the concerns of the industrial sector regarding inconsistent power supply. Industries are reportedly considering a re...

16-May-2025 Read More

IMF narrows focus on new tax measures

ISLAMABAD: The International Monetary Fund has narrowed down its focus in the new budget to mainly on additional tax measures and rebalancing the National Finance Commission award, as the government badly struggles finding any s...

16-May-2025 Read More