A customer talks with a merchant selling grocery products on a Karachi market in Pakistan, June 8, 2023. – Reuters The drop in inflation marks a significant drop compared to the 1.16 % of the previous week. The IPC, which amounted to 4.1 % in December, could fall below 3 % in January 2025. Analysts … Read more
The brokers are busy negotiating on the Pakistan Stock Exchange (PSX) in Karachi on Friday January 17, 2025. – Ppi Friday, the capital market continued its upward trajectory, supported by increasing expectations of a rate drop at the next meeting of the Monetary Policy Committee (MPC) and foreign purchases, in particular in the cement sector … Read more
A vendor displays different fruits to attract customers at his stall in Hyderabad on February 11, 2023. — APP FBR chief admits revenue leakage of Rs1.2tr in income tax sector. Langrial presented strict measures to improve tax compliance. The official admits that falling inflation has affected revenue collection. ISLAMABAD: Federal Board of Revenue (FBR) Chairman … Read more
View of K-Electric headquarters, with solar panels in the parking lot, in Karachi, January 24, 2023. — Reuters The government suggests lowering the base tariff of KE to Rs 34.87 per unit. Proposes to adjust the depreciation rates of the supplier’s assets. Objections raised on electricity supplier’s working capital. ISLAMABAD: The government has opposed K-Electric’s … Read more