CCP greenlights two mergers to boost foreign investment
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved two mergers, which are poised to make way for Foreign Direct
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Economy
$3bn bailout programme provides Pakistan policy anchor to address domestic, external imbalances: IMF
ISLAMABAD: The International Monetary Fund (IMF) maintained that the $3 billion Standby Arrangement (SBA) programme with Pakistan was intended to
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Afghan currency emerges as top-performer this quarter: report
KARACHI: Billions of dollars in humanitarian aid and rising trade with Asian neighbours have pushed Afghanistan’s currency as the best
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Pakistan receives first shipment of Russian LPG, Russian embassy says
Pakistan has received its first shipment of liquified petroleum gas from Russia, Moscow’s embassy in Islamabad said on Tuesday, marking
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Govt mulls privatizing power companies as circular debt reaches whopping Rs2.3tr
ISLAMABAD: Frustrated by persistent circular debt and line losses, the caretaker government is mulling over two potential strategies — privatising
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Ogra advises against speculating petrol price after ministers’ reduction claim
ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) Monday advised against speculating on the price of petroleum products after federal
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Robust export, remittance inflows to strengthen rupee against dollar next week
KARACHI: Supported by robust export and remittance inflows and positive sentiment on the country’s economic outlook, the rupee is likely
Read morePetrol price may fall after ‘decline in dollar value,’ says info minister
As the Pakistani rupee gained massively against the US dollar, interim Information Minister Murtaza Solangi hinted at the reduction in
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Chinese power plants using inferior coal: Nepra
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has exposed Chinese coal-fired power plants for using lower-quality imported coal, despite
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Govt shelves plan of staggered power bill payments
ISLAMABAD: The government has abandoned the proposal earlier agreed with the International Monetary Fund (IMF) to extend the payment of
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