IMF asks for passing on Rs65bn burden to power consumers

ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to pass on Rs65 billion to consumers of electricity which has been deferred in the shape of Fuel Price Adjustments (FPA) during the peak of last summer season. ...

SBP injects Rs2.1tr via OMOs

KARACHI: The State Bank of Pakistan (SBP) conducted Open Market Operations (OMO) on Friday, injecting a total of Rs2.1 trillion into the market. The OMO included Rs571.7 billion through a Shariah-compliant Mudarabah-based OMO...

22-Mar-2025 Read More

PM seeks report on customs scam

ISLAMABAD: Prime Minister Shehbaz Sharif has sought a report about large-scale tampering of Goods Declaration (GD) forms through breaches in the country's imported goods clearance system, as the Pakistan Single Window (PSW) Comp...

22-Mar-2025 Read More

Govt invites investors to minerals forum 2025

ISLAMABAD: Pakistan's Federal Minister for Energy (Petroleum Division), Ali Pervaiz Malik, on Friday briefed foreign ambassadors on the upcoming Pakistan Minerals Investment Forum 2025 (PMIF25) and invited delegates from their r...

22-Mar-2025 Read More

Startups explore cybersecurity at NIC

KARACHI: IT experts, on Friday, emphasised that cybersecurity plays a vital role in safeguarding business websites and combating the rising threats of malware, ransomware, and virus attacks. Pakistan's largest startup inducti...

22-Mar-2025 Read More

Rs34.5b added to kitty after LHC vacates stay

ISLAMABAD: The vacation of stay order by the Lahore High Court in the case regarding tax on windfall income of banks resulted in a benefit of Rs 11.5 billion to the national exchequer. While on this account, overall in a mont...

22-Mar-2025 Read More