3D printed oil barrels, rising stock graph are seen in this illustration. — Reuters/FileIran allows commercial shipping through Hormuz during ceasefire.Araghchi says route fully open for remaining ceasefire period.Brent settles at $90.38, down 9.1%; WTI fell below $90.Oil prices…
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Pakistan assures IMF of farm input tax hikes, cuts in uplift schemes
The seal of the International Monetary Fund is seen at the headquarters building in Washington, DC, US. — AFP/FileSelected items to shift into 18% GST slab.Measures tied to completing IMF’s 2nd programme review.Islamabad targets $1.2 billion from EFF and RSF.
ISLAMABAD:…
Discos bleed Rs397bn in FY25 as losses, recoveries worsen: Nepra
A representational image of a transmission tower, also known as an electricity pylon. — AFP/FileExcessive T&D losses account for Rs265 billion.Weak recoveries add another Rs132 billion hit.No utility meets regulatory loss-reduction targets.
ISLAMABAD: Pakistan’s power…
Karachi consumers can choose their own power supplier from 2026, NA told
A technician works on porcelain insulators on power transmission tower in Karachi. — Reuters/File200MW of power to be made available for bulk purchase, NA told.Country’s off-grid, net-metered solar capacity surges to 18,000MW.NA committee discusses Multi-Vendor Electricity…