Heavy machinery being used during the development work at University Road in Karachi on September 25, 2024. — APPSecond cut brings total reduction sharply higher.Initial allocation trimmed from Rs1tr earlier.Funds reallocated across ministries, provinces.ISLAMABAD: The…
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New mechanism allowed govt to keep petrol price Rs15 cheaper: minister
Information Minister Attaullah Tarar and Petroleum Minister Ali Pervaiz Malik address a joint press conference on November 2, 2026. — YouTube/Geo News/screengrab Petrol premium surged from $5 to $20.Refineries helped absorb Rs15 per litre increase.Minister says…
Consumers to bear Rs2.95tr burden amid power sector’s deepening financial strain

A representational image of a transmission tower. — AFP/FileNepra forecasts consumers to pay Rs1,92bn in capacity payments.Rs1,023bn to be paid under Energy Purchase Price next year.Consumers to bear distribution margin of Rs4.09 per unit: Nepra
Electricity consumers…
Trade deficit up 25% to $25bn in 8 months

Shipping containers are stacked at the Karachi port area in Karachi, Pakistan, on July 31, 2025. — ReutersOfficial data shows rising strain on external account balance.Imports climb 8.1% to $45.5bn in July-February FY26 period.Economists warn deficit may pressure rupee and reserves.<p…
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