KARACHI: Pakistan’s five major refineries — ARL, PARCO, Cnergyico, NRL, PRL — have sounded a red alert to OGRA, warning OMCs’ refusal to lift agreed HSD volumes is crippling operations and threatening national fuel chaos. In a December 10 joint letter, they blasted PRM decisions being Read More...
ISLAMABAD: FBR has dropped a bomb on PM Shehbaz: H1 FY26 tax collection could miss by Rs560B even after target cut, risking spending freeze and IMF fury. FBR hopes Rs200B from pending court cases this month will shrink the hole to Rs362B vs revised Rs6.49T target — otherwise Rs562B gap. Read More...
KARACHI: SBP is poised to hold the line at 11% on Monday, a Reuters poll confirms, as analysts slam brakes on rate-cut dreams till late 2026 — IMF blasts “premature easing” amid lingering inflation ghosts. All 12 experts see no chop; majority peg CPI at 6–8% short-term, spiking later on Read More...
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ISLAMABAD: SECP has unleashed revamped ESG Disclosure Guidelines for listed companies, locking them into the Pakistan Green Taxonomy (PGT) to supercharge sustainability reporting and drive Pakistan’s climate war, effective Wednesday. The new rules mirror national climate priorities and updated Read More...
KARACHI: Pakistan’s OMCs clocked Rs4,416 billion in gross revenue for FY25 — a hairline dip from Rs4,438B last year — as global crude softened and prices eased, PACRA study reveals. Volumetric sales roared 9.5% to 18.5M MT (local 10.5M + imports 8M), highest since FY23. Refinery output Read More...
ISLAMABAD: The ECC on Tuesday greenlit a 5–10% margin hike for OMCs and petroleum dealers on petrol & HSD — half paid now, half tied to Read More...
ISLAMABAD: SECP has blasted a new red alert against unlicensed scam platforms and mobile apps that impersonate licensed brokers, deepfake dashboards, and dangle guaranteed mega-returns to rip off investors. These illegal predators swarm social media with fake profits, bogus tips, and stolen Read More...
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ISLAMABAD: NEPRA has slashed power tariffs by Rs0.88/unit for October 2025 FCA, delivering December bill relief to K-Electric and Ex-WAPDA DISCOs consumers. Lifeline, protected, EV stations, and prepaid users excluded — adjustment shows only on October units. Actual fuel cost hit Rs8.4869/unit Read More...
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ISLAMABAD: NEPRA has slammed Rs50 million fines — Rs25M each on CPPA-G and NGC — for criminal negligence that fueled the January 2021 nationwide blackout, plunging Pakistan into 20-hour darkness. An Inquiry Committee exposed systemic rot: power plants never submitted mandatory Operating Read More...
ISLAMABAD: Despite loud downsizing boasts — 150,000+ posts axed last year, 54,000 more vacant jobs killed — federal civil administration and pension spending have exploded again, with Q1 FY26 showing double-digit surges, Dawn reports. Running of Civil Government hit Rs161.2B (Jul–Sep), Read More...
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