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K-Electric’s Power Generation Costs 200 pc Above National Average

K-Electric’s Power Generation Costs 200 pc Above National Average

K-Electric's electricity generation costs are significantly higher than the national average, reaching over Rs. 58 per unit in June, a…

4 months ago

Bank Alfalah on a sustainable way forward

The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on August 01, 2024, approved the Bank’s…

4 months ago

Pakistan Receives Bids from Chinese Firms for First Panda Bonds Issuance

Pakistan has received five bids from Chinese firms to assist in its debut issuance of Panda bonds, according to a…

4 months ago

Cabinet Greenlights Privatization and Restructuring of 13 Entities in Power Sector

The federal cabinet has authorized the privatization of 13 entities under the Power Division, which includes nine power distribution companies…

4 months ago

Searle to Divest 90% Stake in Subsidiary to IJARA Capital

The Board of Directors of The Searle Company Limited (PSX: SEARL) has approved the sale of its 90.61 percent shareholding…

4 months ago

Govt Reduces Petrol Price by Rs 6.17 /litre, Diesel Rs 10.86 /litre

The government has announced a reduction in fuel prices, effective from August 1. Petrol has been reduced by Rs 6.17…

4 months ago

DISCOs Including K-Electric Overbilled Consumers: NEPRA

The National Electric Power Regulatory Authority (NEPRA) has confirmed instances of electricity overbilling by all power distribution companies (DISCOs), including…

4 months ago

Punjab Government Increases Court Fees and Stamp Duties Upto 1000%

The Punjab government has enacted significant increases in court fees and stamp duties across the province, under the Punjab Finance…

4 months ago

Fuel Prices Likely to Drop from August 1st

The price of petroleum products in Pakistan is expected to decrease from August 1, 2024, for the first half of…

4 months ago

Dissent with PM’s Office: FBR Chairman Seeks Early Retirement

Federal Board of Revenue (FBR) Chairman Malik Amjad Zubair Tiwana has requested early retirement, citing irreconcilable differences with the Prime…

4 months ago