Economy

Government of Pakistan increases fuel prices post budget announcement

The Finance Division on Sunday night (June 15 2025) notified hefty increases in the prices of both petrol and diesel, with the rates climbing by Rs4.80 and Rs7.95 per litre, respectively. The new prices had been determined “based on the recommendations of Ogra (Oil and Gas Regulatory Authority) and the relevant ministries”. From June 16 […]

Finance Minister Muhammad Aurangzeb presenting Pakistan budget for FY 2025-26 today

Finance Minister Muhammad Aurangzeb would present the federal budget for the upcoming fiscal year 2025-26 today, as the coalition government seeks to revive the economy, meet the International Monetary Fund (IMF) measures and provide some relief to the tax-weary masses. The budget, expected to have an estimated outlay of Rs17.6 trillion, comes at a time […]

Rule for installing multiple electricity meters at one location

As per the notification by the Power Division there has been no change in the installation of more than one electricity meter at one location. The notification states, “It is clarified that a second electricity meter can still be obtained for any residential property under the prevailing laws. According to the NEPRA Consumer Services Manual […]

US Housing data paints grim picture of housing market

The difference between the number of US home sellers and buyers has rarely been larger.The number of home sellers jumped rose to 1,943,669 in April, the most since March 2020 (COVID Lockdown).Simultaneously, the number of homebuyers declined to 1,453,628, the lowest since April 2020.As a result, the difference between US home sellers and buyers hit […]

Government of Pakistan secures Rs.1.275 trillion loan deal from banks

After months of negotiations on term sheets and legal formalities, the government has finalized agreements for a historic loan package of Rs 1.275 trillion with approximately 18 commercial banks to address the growing circular debt in the power sector. The draft agreements are now ready for final approval by the Federal Cabinet. The loan aims […]

List of 15 top Pakistani pharmaceutical companies by revenue

These are list of top 15 pharma companies by revenue and market share for 2023 and 2024. Getz Pharma takes the lead as the top company in terms of both revenue and market share. The list includes 6 listed companies in PSX (ABOT, GLAXO, SEARL, HALEON, HINOON, AGP ) showing the future growth prospects of […]

NEPRA approves KElectric’s Multi Year Tariff from FY 2024 to FY 2030

KElectric announced in a disclosure at 8 AM today on the PSX website. According to the disclosure NEPRA has approved KElectrics’s Multi Year Tariff from 2024 to 2030. This is important news for the company as it paves the way for the company to start investing in the infrastructure of the city as well as […]

NEPRA approves Multi Year Tariff for KELectrice for the 7 year period (2024-2030)

NEPRA has approved K-Electric’s multi-year distribution tariff for the period FY24 to FY30. K-Electric hadproposed a seven-year tariff control period to facilitate long-term investments. However, the regulator has yet to approve the investment plan, and any revisions to it may impact our projected earnings. For FY24, the average distribution tariff has been set at PKR […]

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