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