4 d. ago Asian markets struggle as Trump tariff deadline and fed uncertainty rattle investors

Asian stock markets dipped on Wednesday as investors remained cautious ahead of U.S. President Donald Trump’s July 9 tariff deadline and amid growing uncertainty over interest rate cuts by the Federal Reserve. The dollar also stayed weak, hovering near its lowest point since early 2022. The MSCI Asia-Pacific index outside Japan slipped 0.23% in early […]

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4 d. ago New per unit electricity price of all slabs as Nepra cuts base tariff for FY2026

ISLAMABAD – The National Electric Power Regulatory Authority (NEPRA) on Wednesday issued its much-anticipated decision regarding a reduction in base

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6 d. ago Industry under pressure as govt restores duties on raw materials: BMP

The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly opposed the federal government’s recent decision to reverse tariff cuts on imported industrial raw materials, warning that the move will severely damage domestic industry, accelerate inflation, and weaken the country’s already fragile export performance. In a statement issued […]

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7 d. ago Govt scales back tariff cuts to shield local industry and limit revenue loss

ISLAMABAD – The federal government has partially rolled back its earlier plan to reduce or eliminate regulatory duties on 285 imported products, following concerns about the potential impact on local manufacturing and foreign exchange reserves. This decision came after consultations with stakeholders and a steering committee overseeing the tariff policy. The revised plan, approved by […]

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1 week ago Relief, uninterrupted power supply to industry among top priorities: PM

The premier informed Rs9.05b revenue generated from first phase of privatization of outdated and loss-incurring GENCOs PM Shehbaz emphasizes expediting privatization of power distribution companies Meeting briefed on a roadmap for elimination of Rs2.4tr circular debt over next six years Premier instructs to accelerate establishment of EV charging stations across the country ISLAMABAD: Prime Minister […]

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2 w. ago Steel Melters Urge Senate to Link Import Tariff Cuts with Power Tariff Relief to Avert Industry Crisis

  The Pakistan Steel Melters Association has urged the Senate Standing Committee on Finance and Revenue to tie any reduction in steel import tariffs directly to a corresponding decrease in power tariffs for the industry. Mian Ahmad Hassan, Chairman of the Association emphasized that high power costs, which constitute over 70% of production expenses, already […]

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