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Pakistan Considers Drastic Cut in Solar Net Metering Rates, Sparks Concern

Pakistan Considers Drastic Cut in Solar Net Metering Rates, Sparks Concern

The Pakistan government is currently reviewing a massive cut in the tariff for roof-mounted solar power, which could come down from the present Rs 21 per unit to between Rs 7.5 to Rs 11 per

Pakistan plans to launch panda bonds, seeks cooperation of capital market investors situated in China: Report…

Pakistan plans to launch panda bonds, seeks cooperation of capital market investors situated in China: Report…

Pakistan Federal Minister for Finance and Revenue Muhammed Aurangzeb briefed the Governor of People’s Bank of China (PBoC) Pan Gongsheng about Pakistan’s plan to bring out panda bonds during a meeting in Beijing on 26th

Rising Chicken Prices in Karachi Challenges Ahead of Eidul Fitr

Rising Chicken Prices in Karachi Challenges Ahead of Eidul Fitr

The cost of chicken in Karachi has soared up, causing concerns for the Residents just before Eidul Fitr, People are finding it hard to afford chicken, which is being sold at about Rs800 per kilogram,and

Pakistan banned Cryptocurrency

Pakistan banned Cryptocurrency

The Senate Standing Committe of Finance has decided to ban Cryptocurreny services in Pakistan from all the internet websites. State Bank of Pakistan and IT Ministry have already started working on banning. Read more |

Flood crisis hits GDP growth projection

Flood crisis hits GDP growth projection

Disastrous monsoon rains and floods Planning Minister Ahsan Iqbal stated on Friday that Pakistan anticipates reducing its projected Gross Domestic Product (GDP) growth from 5% to 3% for the fiscal year 2022-2023 due to losses

August Inflation Surges to 27.26PC

August Inflation Surges to 27.26PC

Sharp Increase in Inflation in August According to data provided by the Pakistan Bureau of Statistics (PBS) on Thursday, the Consumer Price Index (CPI) indicated a sharp increase in inflation in August, rising to 27.26%

Weekly inflation decreases slightly 

Weekly inflation decreases slightly 

Sensitive Price Index Inflation, as assessed by the Sensitive Price Index (SPI), fell by 0.08 percent in the week ended August 11 compared to the previous week, owing primarily to lower food costs.  The year-on-year

WB reduces Pakistan’s growth rate

WB reduces Pakistan’s growth rate

On Wednesday, the World Bank reduced Pakistan’s economic growth rate forecast by almost one per cent for the current fiscal year. The World Bank said the last-ditch energy subsidies by the outgoing government had left

Suzuki Announces Price Hike for All Cars

Suzuki Announces Price Hike for All Cars

Pak Suzuki Motor Company (PSMC) announced Friday a massive increase in the prices of its lineup. It is pertinent to state that the prices will be taking effect from today, 1 April, Friday. The company

FBR spikes property valuation rates across major cities

FBR spikes property valuation rates across major cities

Pakistan - The Federal Board of Revenue (FBR) has spiked valuation rates of immovable properties up to 600% across 40 major cities. In 2019, the revenue board had surged property valuation rates by 30% to