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The Karachi Chamber of Commerce and Industry (KCCI) has issued a strong appeal to the federal government, calling for immediate relief in electricity bills for the people of Sindh. In a recent statement, the KCCI emphasized the urgent need for a reduction of 14 rupees per unit in electricity tariffs, similar to the relief recently …
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K-Electric CEO Syed Moonis Abdullah Alvi has publicly addressed recent controversial remarks made by a Pakistan Tehreek-e-Insaf (PTI) member about the attire of a female employee at the company. Alvi took to X, formerly known as Twitter, to express his disappointment over the comments and to reaffirm KE’s commitment to gender equity in the workplace. …
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Gold prices in Pakistan surged to a new record on Friday, with an increase of Rs. 300 per tola, bringing the price to an unprecedented Rs. 257,700 per tola. The price for 10 grams of gold also saw a rise of Rs. 256, reaching Rs. 220,936. The Karachi Sarafa Association, which monitors local gold rates, …
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The National Savings Division conducted the much-anticipated Rs1500 Prize Bond Draw No. 99 on 15 August 2024 in Multan, a day marked with excitement and hope for thousands of Pakistanis. The event, held under the vigilant supervision of the State Bank of Pakistan, saw numerous participants eagerly awaiting the announcement of the winning numbers. Top …
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Prime Minister Shehbaz Sharif extended Independence Day greetings to the nation and announced plans for a significant reduction in electricity tariffs in the coming days. This move comes in response to widespread concerns about high electricity bills, which the Prime Minister acknowledged as one of the most pressing issues facing the country. He emphasized that …
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Sindh’s Minister of Local Government, Saeed Ghani, emphasized that individuals spreading hatred within the country are not true well-wishers of Pakistan. Speaking at a flag hoisting ceremony organized by the Korangi Association of Trade and Industry (KATI) on the occasion of Pakistan’s 77th Independence Day, Ghani expressed concern that despite the nation’s long-standing history, the …
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The federal government has launched a series of initiatives aimed at reducing electricity tariffs, acknowledging the severe financial challenges facing the country’s power sector. This move comes as part of a broader effort to address the structural issues plaguing the sector, which has long been a source of concern for both policymakers and the public. …
Continue reading “Government Considers Shutting IPPs to Cut Power Tariffs”
Pakistan may witness another notable reduction in petrol prices starting August 15, following a decline in global oil prices, Day News reported on Monday, citing sources. According to the sources, the price of petrol could decrease by over Rs9 per litre, while high-speed diesel (HSD) may see a reduction of up to Rs8.50 per litre. …
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The Chief Minister of Sindh, Syed Murad Ali Shah, visited Indus Motor Company’s (IMC) manufacturing facility at Port Qasim Authority, Karachi on 12th August 2024, underscoring Sindh government’s commitment to continue fostering large-scale industrial growth in the province. During his visit, Chief Minister Shah toured IMC’s state-of-the-art manufacturing facility and was briefed on the latest …
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The Korangi Association of Trade and Industry (KATI) has called on the government to immediately release a pending PKR 33 billion electricity subsidy crucial for Karachi’s industrial sector. Addressing an emergency press conference, KATI President Johar Qandhari emphasized the urgent need to address the discrimination faced by Karachi’s industries, which have been deprived of a …
Continue reading “KATI Demands Release of PKR 33 Billion Electricity Subsidy”
