ISLAMABAD-UNS :The National Electric Power Regulatory Authority (Nepra) has increased electricity prices by Rs1.11 per unit under the August fuel price adjustment, according to a notification issued on Thursday. The increase will affect electricity consumers across the country, including customers of K-Electric. The additional charges will be recovered through electricity […]
Business
The report highlights rising inflation, limited employment opportunities, low household incomes and persistent economic pressures as major factors affecting the financial well-being of millions of Pakistanis.
News Desk LONDON: Inflation across the eurozone climbed sharply to 3.8% in September, marking its highest level in three years, as rising fuel prices linked to tensions around the Strait of Hormuz put fresh pressure on consumers and policymakers. According to the European Union’s statistics agency, inflation in the 21 […]
LAHORE -UNS: Business leader SM Tanveer has called for fundamental economic reforms in Pakistan, arguing that the country should move towards a district-based economic model to strengthen local development and investment. Speaking in Lahore, Tanveer said the existing economic system could not continue in its current form and called for […]
DUBAI -UNS : The United States is set to withdraw its forces from their remaining bases in Iraq, marking the end of a major chapter in Washington’s military presence in the country. However, the US continues to exercise significant financial influence over Iraq through the management of its oil revenues. […]
Riyadh’s withdrawal from the China-led digital payments project has revived questions over the Kingdom’s strategic balancing between Beijing and Washington.
By Staff Reporter ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb has warned that protests, sit-ins and strikes could inflict losses of approximately Rs120 billion per day on Pakistan’s economy and undermine the country’s transition from stabilisation to sustainable growth. Speaking to the media, the finance minister said Pakistan’s economy was showing […]
By Dr. Lubna Farah ISLAMABAD: The Rwanda High Commission in Pakistan today announced the forthcoming Rwanda-Pakistan Investment Forum, to be held in Kigali from September 23–25, 2026, bringing together a 15–16-member Pakistani business delegation and key Rwandan government and private-sector stakeholders to explore new avenues for trade, investment and business […]
UNS: Riyadh cancels late-September crude shipments to European refineries as damage to the strategic East-West pipeline disrupts a critical export route Global energy markets are facing renewed uncertainty after Saudi Arabia informed several major European refineries that crude shipments scheduled for late September had been cancelled, according to Reuters. The […]
ISLAMABAD : The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday kept the key policy rate unchanged at 11.5 per cent. The decision comes amid continued tensions in the Middle East, which have pushed up global oil prices and added to inflationary pressures. While bankers had expected […]