Power Ministry Clears the Air on New IPP Agreements
For context, the Power Division has rejected a media report claiming that the administration has entered into new long-term agreements with independent power producers…
Tag: Business
IMF is Causing Unemployment in Pakistan
For context, the federal administration has kicked off abolishing up to 60 percent vacant positions throughout federal ministries and attached departments.
PM Shehbaz Forbids Extra Load-Shedding
Prime Minister Shehbaz Sharif has ordered the administration to limit electricity load shedding to a maximum of two hours in any area and directed…
CDA Tightens Payroll Process For Regular Staff
Meanwhile, the Capital Development Authority has introduced a new standard operating procedure for processing monthly salary changes of its regular non gazetted staff, with…
Govt Takes Another Step to Digitize Farmers, Land, Soil and Water Records
As part of efforts to modernize Pakistan's agriculture sector, the administration has proposed a nationwide digital system for maintaining farmers' and agricultural land records,…
Century Insurance to Raise Rs. 448 Million Through Rights Issue
Century Insurance Firm Limited (PSX: CENI) has approved a rights problem of around Rs.
Jamaat-e-Islami Offers Shortcut to Make Petrol Cheaper
Jamaat-e-Islami (JI) has proposed 23 measures to create fiscal space of up to Rs.
Tax Lawyers Ask FBR To Extend Return Filing Deadline
Meanwhile, the Karachi Tax Bar Association (KTBA) has raised the matter of the income tax return filing deadline with the Federal Board of Revenue…
PKR Gains Rs. 1 Each Against Pound, Euro and Australian Dollar
For context, the Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 238th consecutive day on Friday.
Sindh Motorway Hit by Corruption Allegations
Meanwhile, the Senate Standing Committee on Communications has raised serious reservations over alleged corruption in the motorway system, particularly in toll collection in Sindh,…