Business

According to the report of the foreign news agency "Reuters". Because of increase in interest rates...

US dollar extended its losses beside the Pakistani rupee, as the greenback devalued by Rs4.15 in the interbank on Monday. The Pakistani rupee has weakened by Rs56.72 beside the United States (US) dollar in the first six months of Prime Minister Shehbaz Sharif-led coalition government.

Dubai issued 23,034 Esaad Card for senior citizens, retirees, people of determination, and limited-income citizens as part of the efforts of the Higher Committee for Development and Citizens Affairs to enable Dubai’s citizens to remain enjoying an environment of happiness and an outstanding quality of life.

After a delay of 6 days, the government finally issues the notification to revise prices of...

Petrol price expected go down by 0.8 paisas On Saturday Finance Minister Miftah Ismail said that prices of petroleum products would likely go down by (Rs. 0.8) per liter, according to initial numbers. At the last periodical review, the government increased the prices of all petroleum products even with a decrease in international oil prices.

Power tariff is likely to increase by 22 paisa per unit after an appeal for hike from CPPA filed with the NEPRA, News reported on Saturday. According to an announcement, the tariff was reduced under fuel adjustment charges and the K-Electric consumers will get a relief of Rs4.11 per unit in September.

Petroleum products are likely to be expensive. According to the report of ARY News, the government...

US dollar continued its upward curve in the exchange market beside US dollar despite Pakistan receiving a US$1.16 billion loan tranche from the International Monetary Fund (IMF). The rupee’s battering sustained despite the State Bank of Pakistan settling that Pakistan has received a loan tranche of US$1.16 billion from the IMF.

NEPRA has informed an increase of Rs4.34 per unit in power tariff on account of fuel cost adjustment for the month of July 2022. According to facts, The NEPRA has hiked the power tariff under the quarterly fuel adjustment mechanism. The additional from customers will be introduced from October.

Flour mills association has warned that the prices of flour could reach Rs200 per kilogram and demanded of the government to allow wheat import to avoid the situation. Flour was not available in most shops and utility stores located in Quetta and other parts of the province.