KARACHI: Severe petrol shortages that had hit part of Punjab last month was primarily an outcome of the circular debt that choked cash flows of the...
KARACHI: The government will borrow Rs625 billion from the banking system in April, an amount which is more than 100 percent higher than its March...
Gas shortages curb production, profits
KARACHI: Pakistan’s total debt surged 8.5 percent to Rs16.383 trillion as on December 31, 2014 from Rs15.097 trillion in the corresponding period...
RoE of 30.65-34.49 percent/annum allowed
KARACHI: K-Electric signed an agreement with Chinese companies to set up 700 megawatts of coal-fired power plants by 2018, a move that will minimise...
Finance minister reveals rate cut, embarrasses SBP