In his letter, the MPA urged the government to increase the limit for subsidized electricity units from 200 to 400, aiming to provide relief to lower-income consumers. He asserted that electricity billing reforms would help reduce defaults and ease the growing public unrest. Pir Ashraf Rasool also recommended that NEPRA and DISCOs be directed to […]
Peshawar Property Valuations Revised in Over 5,000 Areas Under New DC Rates PESHAWAR – Authorities have implemented revised Deputy Commissioner (DC) rates across more than 5,000 localities in Peshawar, significantly altering property valuations in both urban and rural areas. The updated valuation list, issued on Thursday, affects residential and commercial zones including Hayatabad, Zaryab Colony, […]
Brent crude futures rose 24 cents, or 0.35%, to $68.76 a barrel at 0457 GMT. U.S. West Texas Intermediate crude futures were up 33 cents, or 0.5%, at $66.71. Both benchmarks fell more than 0.2% in the previous session. U.S. President Donald Trump has said letters notifying smaller countries of their U.S. tariff rates would […]
This is a strategic decision to deepen U.S.-Pakistan trade relations. The engaged participants from over 65 American companies signalled growing interest in Pakistan’s maritime infrastructure. The session was held under the slogan of Gateways to Growth: South Asia Port Opportunities. The webinar offered a direct channel for U.S. firms to interact with Pakistani port officials […]
PKR Shows Mixed Performance; USD Climbs to PKR 287.30 in Open Market KARACHI – July 16, 2025: The Pakistani Rupee (PKR) exhibited a mixed trend in currency markets on Tuesday, with the US Dollar (USD) quoted at PKR 285.10 for buying and PKR 287.30 for selling in the open market, according to exchange companies. Against […]
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In the open market, Ripple’s price in US dollars (USD) is $2.95 as of July 16, reflecting an increase from the closing rate of $2.89 on July 15, 2025. Please note that the prices of Ripple (XRP) are highly volatile and can change rapidly. For precise and current market information or financial advice, it is […]
He was responding to the rumours that the strike had been cancelled or postponed. KCCI president clarified that the strike has neither been postponed nor cancelled. Bilwani stated that any decision regarding deferment or cancellation of the strike would only be made in consultation with chambers of commerce from all four provinces. He dismissed circulating […]
Govt Hikes Petrol, Diesel, Freight & Distribution Margins ISLAMABAD – The federal government has significantly increased freight and distribution margins on petrol and diesel, according to official documents. The delivery margin on petrol has been raised by Rs3.95 per liter, while the freight margin surged from Rs2.09 to Rs6.04 per liter. Similarly, diesel’s delivery margin […]
As per details, a PIA aeroplanes encountered a total of 38 bird strike incidents during the past six months. Lahore Airport recorded the highest number of bird strike incidents, with nine cases, followed by Multan with seven, Karachi with five, and Islamabad and Peshawar with four each. Sialkot reported three incidents, while one case was […]
