People visit a section sponsored by Canadian headquartered mining company Barrick Gold Corporation at the Prospectors and Developers Association of Canada annual conference in Toronto, Ontario, Canada March 7, 2023. — Reuters Barrick clarifies after reports of potential…
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Govt set to replace net metering system with net billing policy
A technician fixes new electricity meters at a residential building in Karachi. — AFP/FileSolar electricity exported to grid to be credited at lower rate.Previously units imported and exported were balanced one-for-one.Got, Discos term it necessary to cover grid infrastructure…
PSX rebounds as oil eases on US-Iran diplomacy hopes
A broker looks at an index board showing the latest share prices at the Pakistan Stock Exchange in Karachi on February 14, 2023. — AFP
KSE-100 Index closed at 162,896.68, up 1,091.66 points, or 0.67%.Index hit intraday high of 164,309.64, up 2,504.62 points, or 1.55%.Index…
SBP keeps policy rate unchanged at 11.5%
A brass plaque of the State Bank of Pakistan is seen outside its wall in Karachi, December 5, 2018. — Reuters
The State Bank of Pakistan’s Monetary Policy Committee on Monday kept the benchmark policy rate unchanged at 11.5%, as easing oil prices and a US-Iran deal cooled inflation…