State Bank of Pakistan building is seen in this undated image. — SBP/FileAnalysts expect no rate cut in upcoming SBP policy meeting.Rising food prices keep central bank cautious on rate decision.IMF urges SBP to keep monetary policy tight and data-driven.The State Bank of…
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Pakistan’s domestic power sources cushion LNG supply risk, says minister amid ME crisis
An undated image showing a shipping vessel transporting LNG. — AFP/File74% of electricity comes from local sources: Awais Leghari.LNG now accounts for about 10% of Pakistan’s electricity generation.Power minister highlights reliance on nuclear, hydropower, coal.
KARACHI:…
Petrol price drops by Rs5.66 per litre for next fortnight
A representational image of a fuel station staffer updating the fuel prices in Karachi. — AFP/ FilePetrol to now costs Rs263.02 per litre.HSD price slashed by Rs1.39 to Rs275.41 per litre.Kerosene oil price cut by Rs3.26 to Rs181.71 per litre.
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Overbilling scam: Audit uncovers Rs244bn electricity bill fraud by 8 Discos
A person is holding their electricity bill in this illustration. — Geo.tv/File
278,000+ consumers hit with Rs47.81bn inflated bills in one month.Overbilling used to hide losses, no action taken against officials.Official auditors flag missing records, demand…