The Ministry of Energy (Power Division), Government of Pakistan, has launched 118, a nationwide, all-in-one helpline designed to make electricity complaint management simple, fast, and reliable for every consumer in Pakistan. For the first time, all electricity-related complaints, whether from DISCOs, rural feeders, or urban grids, can be reported through one unified platform. This system…
The Pakistani rupee on Tuesday witnessed marginal gain against the US dollar in the inter-bank market. It closed at 280.40, registering a gain of Rs0.01 against the US dollar. Pakistan rupee had closed at 280.41 on Monday.Pakistani Rupee Continues Gaining
The bulls commanded today’s trading session with remarkable strength, lifting the benchmark index to breathtaking new heights. After soaring to an intraday high of 1,297 points, the market closed at a record-breaking 169,456, gaining 1,153 points or 0.69%.Stock Market Continues Momentum The rally drew further strength from the IMF’s approval of nearly $1.1 billion under…
Law makers and bureaucrats are sitting on the board of directors (BoD) of PTCL and its subsidiary Ufone who are making millions by charging fee in dollars. They are said to charge $5000 for each meeting of the board they attend. Read More: How to Download and Pay PTCL Bill Online| A Quick Guide Senator…
National Electric Power Regulatory Authority (Nepra) has approved incremental tariff for industry and agriculture. Power division spokesperson said that the industrial and agriculture consumers would be charged at Rs 22.98 per unit for excess electricity consumption. “ This is revolutionary step of the government to promote industrial and agricultural development in the country,” power division…
Economic Coordination Committee (ECC) on Tuesday approved increase in margins of oil marketing companies (OMCs) and dealers. The Committee reviewed and approved a proposal to revise the margins of OMCs and petroleum dealers on MS and HSD, adjusting them in line with the National CPI for 2023–24 and 2024–25, with increases capped between 5% and…
Gold Prices in Pakistan on Monday increased by Rs 1600 per tola in line with fluctuation in global market. Gold rose sharply in early trading, with 24k tola priced at Rs443,762 after an increase of Rs1,600. The 10-gram 24k rate reached Rs380,454, up Rs1,372, while 10-gram 22k gold was quoted at Rs348,762 after gaining Rs1,258….
The Sui Southern Gas Company has been fighting the menace known as gas theft to curb the rising rate of this crime. The Security Services and Counter Gas Theft Operations Departments (SS&CGTO) together with the Customer Relations Department (CRD) and Recovery Department, have been conducting multiple raids in order to apprehend the culprits behind these…
The Pakistani rupee gained 0.07 % in early inter-bank trading Monday and surged to 280.23 per US dollar — up Re0.19 from the previous day. The modest uptick came after the rupee ended last week at 280.42, slightly stronger than 280.52 the prior week. The widening expectation of a rate cut by the Federal Reserve…
The government on Saturday directed State Bank of Pakistan (SBP) to urgently resolve the credit crisis affecting small and medium enterprises. The move follows complaints from SME representatives over limited access to bank credit, burdensome taxation and high energy costs. Read More: Haroon Akhtar Warns EPZA: No More Fires, No More Negligence In a meeting…