A representational image of a transmission tower, also known as an electricity pylon. — AFP/FileConsumers in the B1 category to pay charge of Rs 26.23 per unit.Tariff for medium-sized industries reduced to Rs 26.16 per unit.Those in B3 category will now pay Rs 27 per unit in…
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Iran’s rial hits new low after unrest sparked by economic crisis
A currency dealer poses for a photo with a US one dollar bill and the amount being given when converting it into Iranian rials in an exchange shop in Tehran. — Reuters/File Rial has lost about 5% in January, says currency tracker.Statistical Centre reports YoY inflation reaches…
Finance ministry denies reports of paying up to 8% interest on external loans
A currency trader counts Pakistani Rupee notes as he prepares an exchange of US dollars in Islamabad. — Reuters/FileAverage cost of external public debt around 4%: ministry.Ministry says total external debt, liabilities stand at $138bn.About 7% of external debt consists of commercial…
Infralectric rolls out Pakistan’s first Green Sukuk as AI ESaaS goes live
This image shows mobile phone connection towers. — AFP/File
Infralectric, a Brillanz Group company, has launched Pakistan’s first Green Sukuk for the telecom sector and completed a 25MWh AI-powered Energy-Storage-as-a-Service deployment, it announced on Thursday.
The…