Category: News

Power Tariff Set at Rs22.98/kWh for Industrial and Agricultural Sectors

ISLAMABAD: The government has fixed the power tariff for industrial and agricultural consumers at Rs22.98/kWh on an incremental basis. The Power Division said the move is part of Prime Minister Shehbaz Sharif’s “Roshan Maeeshat Electricity Package” to boost national industry and agriculture. Read More: https://epaper.brecorder.com/2025/10/24/1-page/1071514-news.html

PKR Appreciates Further

KARACHI: The Pakistani rupee recorded a slight gain against the US dollar in the inter-bank market on Tuesday. According to the State Bank of Pakistan (SBP), the local currency closed at 281.06 against the greenback, appreciating by Re0.01 from Monday’s closing rate of 281.07. Read More: https://epaper.brecorder.com/2025/10/22/1-page/1071161-news.html

Russia Proposes Two Revival Plans for Pakistan Steel Mills

ISLAMABAD: The Russian government has put forward two proposals for the revival of the struggling Pakistan Steel Mills (PSM). One option involves a blast furnace model estimated to cost USD 1.91 billion, while the other is based on Electric Arc Furnace (EAF) technology with an estimated cost of USD 1.05

PKR Posted Marginal Gain

KARACHI: The Pakistani rupee registered a slight gain against the US dollar in the inter-bank market on Thursday. By the end of trading, the local currency closed at 281.11 per dollar, appreciating by Re0.01. A day earlier, the rupee had settled at 281.12, according to data from the State Bank

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