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Wednesday, August 16, 2017

June power tariff may be cut by Rs2.13

The electricity tariff is expected to come down by Rs2.13 per unit for all distribution companies, except K-Electric, for a month due to lower fuel costs in June. The Central...

Monetary Policy on Saturday – 22 July, 17

The State Bank of Pakistan (SBP) will announce Monetary Policy Statement for next two months on Saturday. Independent monetary policy committee is will meet on July 22, 2017 for...

Moody’s: CPEC is about to jack up Pakistan’s debt burden

Moody's Investors Services has projected that China Pakistan Economic Corridor (CPEC) will raise Pakistan government debt to around $222 billion by fiscal year 2017-18 (around 67 percent of country's...

Turkish firm to develop two solar plants in Pakistan

Turkey''s Zorlu Energy Electricity Generation Company announced on Tuesday that they have received approval for building two solar power plants in Pakistan, the Turkish media reported. The development came...

Rupee falls in likely devaluation

The rupee slid 3.1 percent against the dollar on Wednesday in an apparent devaluation. Analysts said the State Bank of Pakistan (SBP) had effectively devalued the rupee to its...
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PTI female members face constant harassment within party: Ayesha Gulalai

Hours after leaving the Pakistan Tehreek-e-Insaf (PTI), MNA Ayesha Gulalai claimed on Tuesday that  women affiliated with the party faced constant harassment from within. “It...

Atlas Honda launches new motorcycle for Rs160,000

 Atlas Honda Limited (AHL) launched a new motorcycle at a price tag of Rs160,000, targeting the high-end segment of the market with a 150cc...

Arif Habib earnings jump 115%, stand at Rs881m

Arif Habib Limited posted earnings of Rs881 million in FY17, registering an increase of 115% year-on-year. This was in contrast to earnings of Rs409...