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March 29, 2025
Govt all set to reduce power tariff
According to proposal, reduction will be facilitated through an increase in tariff differential subsidy
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March 28, 2025
On PM’s orders Govt shuts down 392 seed firms in quality purge
Third-party audit played critical role in identifying non-compliant firms, leading to their immediate closure
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March 27, 2025
Use of costly fuel hits consumers with Rs1.89bn burden
Nepra called for immediate measures to control electricity costs ahead of summer
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March 27, 2025
Irsa warns of 43% water shortfall in April
Mangla reservoir, Pakistan’s second-largest, is faring slightly better, holding 20 feet of water above dead level
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March 26, 2025
Dar pledges sweeping reforms in energy sector
Meeting reviewed LNG procurement challenges and long-term energy strategies aimed at reducing import reliance
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March 26, 2025
Govt to slash power tariffs soon: Leghari
"Reduction will happen at the right time, whether two days earlier or later," says power minister
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March 25, 2025
Minister vows strict sugar price control, rules out shortage
Hussain assured public that country has ample sugar stocks to meet domestic demand
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March 25, 2025
7 IPPs offer tariff cut, Rs11bn waiver if Nepra stops action
An IPP’s representative stated that their petition for tariff revision was conditional upon withdrawal of all legal cases
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March 22, 2025
1,700 Utility Stores to shut down, thousands to lose jobs
State-run chain employs over 11,000 workers, most of whom face uncertain futures amid restructuring
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March 22, 2025
Cotton output target missed by 41% amid weather woes, crop shift
The representational image shows Pakistani workers processing freshly picked cotton at a factory in Khanewal, Punjab. — AFP/FileISLAMABAD:...
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March 20, 2025
Karachi to get 260m gallons of water daily by 2026 via K-IV project
Wapda chief noted that Karachi Water and Sewerage Board has yet to issue tenders for distribution network
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March 19, 2025
Seven major IPPs seek Nepra’s nod to cut tariffs
Proposed exchange rate of Rs278.80 per US dollar will also be used in cost calculations
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March 18, 2025
Privatization Board endorses PIA sale plan
Financial adviser for this transaction is Ernest & Young LLC, Dubai-led consortium
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March 18, 2025
IMF 'allows' borrowing from banks to cut circular debt
Govt aims to retire Rs1.5tr in debt using a mix of bank borrowings and proceeds from surcharge
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March 16, 2025
Major relief in electricity bills on the cards
Move is part of broader govt strategy to lower power costs and mitigate economic pressures on households and businesses
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March 15, 2025
Sugar price keeps climbing for 16th week
Since late November when prices stood at Rs131.85 per kg, sugar has become 30.37% more expensive
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March 15, 2025
Govt forms Crypto Council to regulate digital assets
Move signals government’s intent to bring transparency to sector long operating in regulatory limbo
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March 15, 2025
Weekly inflation dips 1.97% YoY
In this picture taken on January 10, 2023, women check rice prices at a main wholesale market in Karachi. — AFPISLAMABAD: Pakistan’s weekly...
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March 13, 2025
Govt raises RLNG prices for March
According to notification, RLNG price for SNGPL consumers has been increased by 0.37%
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March 11, 2025
Pakistan stops rice fumigation to boost exports
Authorities will implement stricter scientific monitoring of import conditions within two weeks to prevent further interceptions
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March 10, 2025
Port Qasim ‘land scandal’ to be investigated
Chairman PM Inspection Committee will be inquiry committee convener, while IB and FIA directors would be committee members
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March 08, 2025
Tarbela, Mangla near dead levels: IRSA
IRSA says depletion could lead to water supply disruptions to Punjab and Sindh
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March 07, 2025
Exporters warn EFS changes could disrupt trade, raise costs
Textile industry urged govt to restore Export Facilitation Scheme to its June 2024 form
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March 07, 2025
Nepra grants FCA relief to millions after decade
Nepra’s decision in June 2015 had exempted non-Time of Use domestic consumers using up to 300 units
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March 04, 2025
Trade deficit soars to $2.3bn in Feb as exports dip
Exports decline by 5.57% to $2.44bn against $2.58bn in same month of last year
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March 04, 2025
Petroleum dealers call off strike after govt’s assurance on deregulation policy
Petroleum minister assures dealers that all stakeholders would be consulted before finalising any policy on deregulation
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March 04, 2025
PM exults at easing of inflation to decade low in February
For first eight months of FY2024-25, average inflation stood at 5.85%, down from 27.96% in same period last year
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March 01, 2025
LPG prices cut by Rs6.15per kg
Notably, for February prices were been increased by Rs3.68 per kg
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February 28, 2025
Govt yet to decide on fuel price deregulation
NA body on Petroleum directed Petroleum Ministry to engage with dealers before finalising any decision
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February 27, 2025
KE consumers set to get Rs4.95 per unit relief in March bills
Nepra officials confirmed that Rs5.4 billion from November’s FCA relief remains withheld and will be adjusted once finalised
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February 27, 2025
Govt considers relief package for domestic, agricultural consumers
Notably, low-slab consumers were excluded from negative FCA relief on grounds that they already receive subsidized electricity
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February 27, 2025
Thar coal railway line to Port Qasim set for Dec 2025 completion
Talks with global lenders are underway to fund project, signaling major push for more stable and cost-effective power grid
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February 26, 2025
Senate panel grills flood commission for 'incomplete' encroachment data
Senator Shahadat Awan, chairing meeting, warned of action if FFC did not remove encroachments within month
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February 26, 2025
Bids for PIA privatisation to be invited next month
Previous attempt to privatise PIA faltered due to investor concerns, but key hurdles have now been cleared
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February 25, 2025
Govt eyes Rs8 per unit power tariff cut in two months
Govt warns IPPs, particularly wind power plants, that refusing negotiations will result in forensic audits
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February 22, 2025
Keep hands off renewable power deals, global lenders warn Pakistan
Warning follows Energy Taskforce’s January 10, 2025, proposal to revise PPAs with IPPs financed by DFIs
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February 22, 2025
Sidestepping inflation: Govt to set up its sugar stalls for Ramazan
PBS reported that sugar prices have surged by Rs20.88 per kg, or 15.5% over past two months
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February 22, 2025
Weekly inflation rebounds after seven-week dip
A street vendor is selling salad at Liaqatabad area to earn daily wages.— Online/FileISLAMABAD: After a seven-week streak of declining inflation,...
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February 21, 2025
Pakistan’s industry slows: LSM shrinks 1.87% in first half of FY25
Other sectors that reported growth included coke and petroleum products, up by 9.1%
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February 20, 2025
Discos’ consumers set to get Rs2/unit relief in March bills
K-Electric earlier filed petition with Nepra for refunding Rs4.95/ unit to consumers in March bills on account of December FCA
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February 19, 2025
Govt to deregulate fuel prices, auction offshore blocks
In bid to reduce fuel costs, government also plans to permit oil refineries to blend up to 5% ethanol into petroleum products
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February 18, 2025
Textile exports surge 15.85% in January
In first seven months total textile exports rose 10.6% to $10.77 billion, up from $9.74 billion in same period last year
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February 16, 2025
Government speeds up privatisation of PIA
Govt is formulating strategy to manage financial challenges, especially Rs45 billion negative equity
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February 16, 2025
Government speeds up PIA privatisation
Pakistan International Airlines aircraft are parked on the runway. — AFP/FileISLAMABAD: The government has accelerated the privatisation process...
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February 14, 2025
Govt hikes RLNG price for Feb 2025
Oil and Gas Regulatory Authority issues its determined RLNG weighted average sale provisional prices
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February 13, 2025
Govt eyes 3,400 closed CNG stations for EV charging infrastructure
NEPRA on Wednesday reviewed government proposal to lower base electricity tariff for EV charging stations
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February 13, 2025
Power bills set to drop as capacity charges, fuel costs, interest rates fall
For Discos, refund is based on FCA for December 2024, while for K-Electric, it applies to FCA for November 2024
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February 12, 2025
Nepra grills Discos over proposed security deposit hike, orders audit
Power Division noted 400% rise in electricity tariffs since 2010, justifying deposit hikes
