The headquarters of the Oil and Gas Regulatory Authority (OGRA). – App / file The revised gas prices for FY2025-26 by OGRA. RS534BN Back needed to settle for SNGPL. Final rates subject to government approval. Islamabad: the oil and gas regulatory authority (OGRA) proposed on Tuesday revised gas prices for financial year 2025-26, recommending an … Read more
In this image, the Pakistan State Bank building in Karachi can be seen. – SBP / Website The Pakistan State Bank (SBP) lowered the key interest rate of 100 basic points (BPS), which reduces it to 11%, the change taking effect from May 6, 2025. Explaining this decision, the Monetary Policy Committee said: “Inflation has … Read more
The Pakistan State Bank logo is represented on a reception at the head office of the bank in Karachi. – Reutrs / File Some expect a reduction of 50 basic points (BPS) in the policy rate. Analysts warn against potential recession, inflation due to prices. The Tresmark survey shows that 68% of traders do not … Read more
A technician works on porcelain insulators on the power transmission tower in Karachi. – Reuters / File Consumers of final power can undergo an increase in rates, mainly at the head of the FCA. The CPPA-G requests a negative adjustment of 3 paisa per unit in FCA. The NPCC warns against the expected increase in … Read more
The federal reserve building takes place against a blue sky in Washington, United States, on May 1, 2020. – Reuters Official Fed warns that inflation could temporarily reach 5%. Said that prolonged prices can lead to a sharp increase in unemployment. Said that the negative effects on work and production can last much longer. Washington: … Read more
National Electric Power Regulatory Authority (NEPRA) logo seen on a wall. – App / file The National Electric Power Regulatory Authority (NEPRA) approved a government proposal aimed at reducing RS1.71 electricity prices per unit, citing relief in the oil development tax (PDL). The reduction will apply to consumers nationally, including those of Karachi, for the … Read more
A view of the K -Electric head office, with solar panels in the parking lot, in Karachi, January 24, 2023. – Reuters NEPRA discovers the RS13.5 billion KE RS13.5 billion expense recovery plan. RS7.4bn already recovered by the reservoir, RS6.1bn to follow. The costs of power plants, the loss of efficiency transmitted to consumers. It … Read more
An image of representation of a transmission tower, also known as the electricity pylon. – AFP / File The government reduces the power rate of RS8 per unit from April. RS4.73 per unit reduction unit remains permanent due to revised energy policies. RS1.30 per relief unit lasts a month of fuel price savings. Islamabad: Prime … Read more
A brass plate from the State Bank of Pakistan is seen outside of its wall in Karachi, Pakistan, December 5, 2018 – Reuters Rate reductions may not achieve growth goals, says Economist. Budget austerity measures pose challenges to relaunch demand. The rate reductions can resume this exercise later, at the beginning of next year. With … Read more
Workers wash the 300 kWp photovoltaic solar system after installation at the Nishtar Medical University and Multan Hospital on December 4, 2022. – App In a major policy change, the Economic Coordination Committee of the Cabinet (ECC) revised the redemption rate of solar consumers on the roof at 10 rupees per unit of RS27 per … Read more
A logo of the State Bank of Pakistan (SBP) is represented on a reception at the headquarters of Karachi, Pakistan, July 16, 2019. – Reuters MPC meets to assess economic prospects in the midst of inflationary risks. Said that basic inflation is more persistent at a high level. Add pressure on the external account emerged … Read more
A logo of the State Bank of Pakistan (SBP) is represented on a reception at the headquarters of Karachi, Pakistan, July 16, 2019. – Reuters Key rate currently at 12%, inflation at almost the low decade. The IMF is examining the first slice of $ 7 billion in bailout. Most analysts believe that the softening … Read more