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Shares cautious in Asia as earnings loom, oil slips
SYDNEY: Asian share markets got off to a cautious start on Monday as earnings season loomed as a challenge to sky-high tech valuations, while oil was choppy after strikes on shipping and airports…
Business RecorderIndigenisation: Power sector urged to exceed 30pc local value addition
LAHORE: Pakistan’s power sector must go well beyond 30 percent local value addition if it is serious about indigenization, a senior Ministry of Energy official said at a national workshop hosted by…
Business RecorderJI demands Nepra action over up to 18 hours of power load-shedding
KARACHI: Jamaat-e-Islami (JI) on Saturday demanded immediate action by the National Electric Power Regulatory Authority (Nepra) against K-Electric over prolonged loadshedding of up to 18 hours a day…
Business RecorderNo point in meeting PM unless PL abolished: Hafiz Naeem
LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem Ur Rehman has said there is no point in meeting Prime Minister Shehbaz Sharif unless the government agrees to abolish the petroleum levy (PL), warning…
Business RecorderRs10bn subsidy agreed: CM orders wheat, flour supply at affordable prices
LAHORE: Expressing strong displeasure over the increase in flour prices, Chief Minister Punjab Maryam Nawaz Sharif directed the authorities concerned to ensure the availability of wheat and flour at…
Business RecorderChina issues third batch of 2026 export quotas for low-sulfur fuel oil
SINGAPORE: China has issued its third batch of export quotas for low-sulfur marine fuel oil for 2026, totalling 1.07 million metric tons, according to trade sources and a consultancy.
Business RecorderChina’s central bank adds to gold reserves for 23rd consecutive month
BEIJING: China’s central bank stepped up its gold purchases in September, extending its buying streak to a 23rd consecutive month, official data showed on Wednesday.
Business RecorderFPCCI says industrial power tariff must fall below 9 cents for all to boost exports
Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), acknowledged the government’s reduction of the industrial electricity tariff from 16 cents to 12…
Business Recorder
NEPRA Sets Wheeling Charges, Clearing Way for Pakistan’s First 400MW Power Auction
The National Electric Power Regulatory Authority (NEPRA) has notified electricity wheeling charges ranging from Rs. 6.23 to Rs. 19.62 per
ProPakistani
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