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Consumers May Get Relief as Nepra Proposes Rs1.80/unit Tariff Cut

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Monday indicated a potential reduction of Rs 1.80 per unit in the quarterly tariff adjustment for the fourth quarter of FY 2024-25, replacing the previous adjustment of Rs 1.54/kWh for the third quarter. Nepra also ordered an inquiry into the figures

Rupee Gains Re0.73 Against Dollar

KARACHI: Rupee gained further against the US dollar in the inter-bank market as it appreciated by Re0.73 or 0.26% during the previous week. The local unit closed at 282.72, against 283.45 it had closed the week earlier against the greenback, according to the State Bank of Pakistan (SBP). Read More

KSE-100 Hits Historic Peak at 141,035 Points

KARACHI: The Pakistan Stock Exchange capped off a historic week, with the benchmark KSE-100 Index closing at an all-time high of 141,035 points, up 1.3 percent on a weekly basis. The index also touched a new intraday record of 141,161 points, underscoring a remarkable reversal in market sentiment that was

PKR Maintained its Upward Trajectory

Karachi: The Pakistani rupee continued its slight upward trend, appreciating by 0.03% to close at 282.87 against the US dollar in the inter-bank market on Thursday. This marks a gain of Re0.08 from the previous day. Globally, the US dollar hovered near a two-month high as Federal Reserve Chair Jerome

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