Category: Business

Pakistan

Pakistan’s Hidden Economic Crisis Deepens as Circular Debt Explodes to Rs5.1 Trillion

Pakistan’s worsening economic troubles came under intense scrutiny during a meeting of the National Assembly’s Standing Committee on Finance, where officials revealed that the country’s combined circular debt in the electricity and gas sectors has surged to a staggering Rs5.1 trillion. The disclosure triggered serious concern among lawmakers, as the debt stock has jumped sharply […]
Pakistan

PSX Explodes Past 171,000 as Massive Rally Shocks Investors

Pakistan’s stock market opened the week with a dramatic surge on Monday as the Pakistan Stock Exchange (PSX) witnessed a powerful bullish rally, signaling renewed investor confidence amid improving global and regional economic sentiment. The benchmark KSE-100 Index jumped more than 3,600 points during early trading, climbing to 171,456 points as investors aggressively returned to […]
Coal

Coal Stays in Power Game as Solar Surges Across the Country, What’s Driving the Choice?

A sharp energy divide is emerging as solar power gains momentum across households and businesses, while the government continues to back coal-based power projects to meet rising electricity demand. In recent years, solar energy has seen a rapid surge in popularity. Falling installation costs, coupled with rising electricity bills, have pushed families, schools, offices, and […]
IMF

Pakistan Scores Major IMF Victory as India’s Objections Collapse During Crucial Board Meeting

Pakistan has secured a major diplomatic and economic breakthrough after the International Monetary Fund (IMF) executive board praised Islamabad’s reform programme and approved fresh financial support despite strong objections from India during a crucial board meeting earlier this month. According to officials familiar with the discussions, the IMF board described Pakistan’s recent economic performance under […]
Electricity Bills

Electricity Shock for Citizens as Power Tariff May Rise Again in Pakistan

The federal government may soon increase electricity prices once again, adding further pressure on inflation-hit consumers across Pakistan. The Central Power Purchasing Agency (CPPA) has formally submitted a request to the National Electric Power Regulatory Authority (NEPRA) seeking a hike of Rs1.72 per unit in electricity tariffs under the monthly fuel adjustment mechanism for April. […]
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