Articles for tag: consumers, Energy, FCA, nationwide, NEPRA, reduces, tariffs

January 8, 2026

Nepra reduces energy tariffs for consumers nationwide under FCA

A representational image of a transmission tower, also known as a power pylon. — AFP/File Reduction applies to January bills due to November FCA. Lifeline consumers exempt from tariff relief: notice. The financial needs of Discos for 2026 are estimated at Rs 3,379 billion. The National Electricity Regulatory Authority (Nepra) has announced a reduction in electricity tariffs by 93 paisa per unit after issuing a notification applicable to consumers across the country. According to the statement, the reduction was decided due to a fuel cost adjustment for November and will be passed on to consumers through January electricity bills. He

October 10, 2025

News Desk

Business

Silver price strikes decades high as golden rush reduces

Silver bar stacked in the security room of Pro Aurum Gold House in Munich, Germany, January 10th 2025. – Reuters New York: The price of Silver hit a multilevel high on Thursday, as investors continued to flock to safe shelters amid geopolitical and economic uncertainty, while gold relaxed a record. Stock markets, meanwhile, are mixed as traders weighed a multitude of issues: mass investments AI, corporate results, US interest rates, US government interruption, political turmoil in France and Gaza cease agreement. The price of Silver reached $ 50 a ounce, the achievement levels not observed since 1980, according to Parachute.

October 9, 2025

News Desk

Business

World Bank reduces Pakistan’s growth to 2.6% after deadly floods

A person enters the World Bank Group building in Washington, the United States. – AFP/file GDP growth is expected to be 3.4% in 26, 3.6% FY27: WB. It adds a fiscal deficit could be 5.5% with flood -related costs. The current transaction deficit could reach 0.1% of GDP in FY26: WB ISLAMABAD: The World Bank (WB) has further reduced its forecasts for Pakistan’s economy, promoting that the actual GDP growth will only reach 2.6% FY26, following the impact of recent floods. “Early estimates indicate at least a 10% drop in agricultural production in Punjab, affecting large crops such as rice,

September 18, 2025

News Desk

Business

Federal Reserve reduces rates by 25 basis points

WASHINGTON: Federal Reserve has reduced interest rates by a quarter of the percentage on Wednesday and said it would steadily reduce the cost of lending for the rest of this year, as policy -makers responded to concerns about the labor market inability to gain a move by the labor market. Only the new Governor Stephen Miran, who joined the Fed on Tuesday and is on leave as head of the White House Finance Council, disagreed in favor of reducing half a percentage. The cuts cut, along with the projections showing two more quarterly reductions, are expected at the other two

September 3, 2025

News Desk

Business

As US invoice invoices, India reduces excise tax to boost domestic demand

People are shopping for basic goods in supermarkets in Amritsar, India, May 9th 2025.- Reuters India’s tax committee approves tax cuts in hundreds of consumer items. Federal loss of revenue from the state is estimated at 480 billion rupees. The new tax rates that will be implemented on September 22. India Finance Minister Nirmala Sitharaman has announced tax cuts on Wednesday in hundreds of consumer items ranging from soaps to small cars to promote domestic demand in the face of financial funds from US invoice. The tax committee of goods and services approved taxes taxes and simplifying their structure, Sitharaman,

July 25, 2025

News Desk

International

Thailand reduces external mediation, requires direct conversations with Cambodia

Thailand rejected mediation efforts by a third country to end the ongoing conflict with Cambodia, insisting that the Penh Penh stops attacking and resolving the controversy exclusively through bilateral talks, the Foreign Ministry said. This follows the development of a fighter aircraft on Thursday, which bombed a military target in Cambodia after the artillery on both sides killed at least 11 citizens in the last escalation of border conflicts. Reading: Thai Cambodian fighter bombs In addition, the United States, China and Malaysia – the current president of the ASEAN regional block – have all been offered to facilitate the dialogue.

July 11, 2025

News Desk

Uncategorized

World Fund reduces help in Pakistan despite increasing HIV, tuberculosis, malaria

In this picture taken on May 8, 2019, a Pakistani doctor examines the blood sample of a patient for a HIV test at a state hospital. – AFP Islamabad: In a major failure in Pakistan’s efforts to combat infectious diseases, the World Fund for the Fighting of AIDS, Tuberculosis and Majesty has reduced its financial support in the country for the current grant cycle, reporting it. The news reported. The cut comes as Pakistan faces a sharp increase in HIV, tuberculosis (TB) and malaria cases, while its national health programs continue to face leadership gaps and administrative mismanagement. According to

July 6, 2025

News Desk

Business

Nepra reduces the rate of electricity by Rs1.15 per unit to ensure uniform invoices across the country

A technician works in porcelain insulators in the power transmission tower in Karachi. – Reuters/file Protected consumers with 100 units to pay at Rs10.54/Unit. A percentage of RS13 per unit will apply to those who consume 200 points. The average basic invoice for commercial users set to RS45.43 per unit. ISLAMABAD: The National Electricity Regulatory Authority (NEPRA), in one move to ensure uniform power invoices across the country, has reduced the rate of electricity by RS1.15 per unit for all consumers with salvation with the change in force for electric consumers. Growth follows Nepra’s hearing on the proposal of the

July 4, 2025

News Desk

Business

Government reduces profit rates in national savings systems

Central Directorate Karachi: The government has reduced profit rates in most national savings systems by 15 to 59 basis points, which are valid since June 27, 2025, according to data released by national savings and reported by Topline Securities, The news reported. The most intense cuts were applied to Islamic products, both with the Islamic term Sarwa and the Islamic account Sarwa Islamic Saving decreased by 59 basis points to 9.75%, from 10.34%. Profit rates in regular income certificates decreased by 36bps to 11.16%, while special savings certificates decreased by 30bps – from 10.90%to 10.60%. Defense saving certificates saw a

June 22, 2025

News Desk

Business

Govt reduces the tax rate to 1% for people who earn up to Rs1.2M per year

Finance Minister Muhammad Aurangzeb speaks during a Senate meeting on June 21 2025. – Screengrab via Geo News The salaried class bears the weight of inflation and pays taxes: Finmin. Aurangzeb says Govt’s move will increase their disposable income. People who earn RS600,000 in Rs1.2 million 5% tax fees today. Finance Minister Muhammad Aurangzeb has announced a positive development on Saturday, revealing that the tax rate for people who earn up to 1.2 million Rs will be reduced from 5% to 1%. “The wage class bears the weight of inflation and also pays [due] taxes. Income tax reduction is already

Nepra reduces energy tariffs for consumers nationwide under FCA

Silver price strikes decades high as golden rush reduces

World Bank reduces Pakistan’s growth to 2.6% after deadly floods

Federal Reserve reduces rates by 25 basis points

As US invoice invoices, India reduces excise tax to boost domestic demand

Thailand reduces external mediation, requires direct conversations with Cambodia

World Fund reduces help in Pakistan despite increasing HIV, tuberculosis, malaria

Nepra reduces the rate of electricity by Rs1.15 per unit to ensure uniform invoices across the country

Government reduces profit rates in national savings systems

Govt reduces the tax rate to 1% for people who earn up to Rs1.2M per year

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