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Articles for tag: 50bps, company, exchange, March, rate, reduction, SBP, stock

March 2, 2025

News Desk

The Stock Exchange Company provides a reduction in 50bps rate from SBP on March 10

State Bank of Pakistan in Karachi. – Apply/ file Inflation decreased to 2.4% in January, low 111 months. AHL sees a 50bps cut as “a reasonable step” for the next MPC meeting. Sixty -two percent of market participants provide for a reduction in interest rates. Karachi: Pakistan’s State Bank (SBP) can adopt a careful approach to further interest rates this month, despite the decline in inflation that creates room for reduction, The news They reported by citing analysts and research. In January, the SBP reduced the reference rate by 100 basis points (BPS) to 12%, signaling the sixth consecutive cut

February 25, 2025

News Desk

Blake Lively faces a significant reduction in fans in the midst of Justin Baldoni

Blake Lively faces a significant reduction in fans in the midst of Justin Baldoni Blake Lively has suffered significant loss in social within about six months as he locks the horns with Ends with us Director and Costar Justin Baldoni in court. Lively, who escalated the drama by filing a sexual harassment against Baldoni in December, lost 864,085 fans since September. Meanwhile, Baldoni – who reacted the actress in January to defamation – won 230, 896 fans, per date from the QR Code generator. The biggest turn came in January, where the Gossip Alum lost 329,577 fans – the largest

February 24, 2025

News Desk

Up to RS8 per unit reduction in power invoice probably in two months, let’s say officials of the Power Department

A technician corrects new electricity meters in a residential building in Karachi, Pakistan on May 13, 2010. – AFP Govt in talks with banks to borrow Rs1.3TN to facilitate circular debt. Negotiations underway to complete the term sheet to secure a loan. The secretary of power says the government is trying to reduce taxes on utilities. The federal government is pushing to reduce electricity prices by RS6-8 per unit within the next two months in an attempt to provide very necessary relief from consumers, the power department said on Monday. The high cost of electricity has become a controversial political

February 15, 2025

News Desk

Government announces a reduction in gasoline, diesel prices

Listen to the article The government has announced the reduction in fuel prices by the RS5, effective since February 16, 2025. High -speed diesel (HSD), which is widely used in agriculture and transport, will see a decrease of RS4 prices per liter. The new price for HSD will be RS263.95, from the previous rate of RS267.95 per liter. In addition to HSD, the price of gasoline has also been reduced by Rs1 per liter. The new gasoline price will be RS256.13, after a similar decrease in the second fortnight of February 2025. In addition, prices for kerosene and light diesel

February 15, 2025

News Desk

Reduction of stocks for third session in a row

Listen to the article Karachi: The Pakistan Stock Exchange (PSX) on Friday closed with over 450 points-in the third session in red-as institutional profitability in blue chips and world market jitters weigh in market sense. Investor confidence remained unstable amid fears of US tariff retaliation according to President Donald Trump’s policies, coupled with the decline in foreign exchange reserves due to Pakistan’s debt repayments and uncertainty about the upcoming review Monetary Fund (IMF). While the KSE-100 index initially launched 918 points, the delayed session was extinguished, reflecting investors’ careful behavior before the weekend. Stocks closed lower amidst institutional profits in

February 12, 2025

News Desk

Authorities are looking for RS2 per unit reduction via talks with power plants

A depiction of Azad Pattan’s Hydropower project on the Jhelum River, Azad Jammu and Kashmir. -X/ @asimbajwaispr/ file Officials say Govt managed to get the relief of Rs1.43 per unit. Until now, future payments of 1,400 billion RS have been saved, officials say. They say that 496mw given by Kapco to stabilize the Muzaffargarh system. ISLAMABAD: ROE efficiency of government power stations (GPPS) has been reduced to 13% by the government based on Pakistani Rupia, while US dollars have been covered in RS168. “Most importantly, their capacity payments will be reduced to 35% from 100% only to make sure the

February 3, 2025

News Desk

Pakistan’s fertility rate sees ‘significant reduction’

A mother carries her baby while waiting for medical help in a hospital in Sehwan on September 7th 2022. – Reuters The United Nations World Fertility Exhibition has revealed that Pakistan has seen a dramatic decline in fertility, reducing six births per woman in 1994 to 3.6 in 2024. The report said that about 1.8 billion people, or 22% of the world population, live in 63 countries undergoing demographic transitions, waiting to reach low fertility rates by 2054. According to the report, which has not yet been fully released, Pakistan is intense need for targeted interventions to reduce adolescent birth

December 30, 2024

News Desk

Climate Change Policy 2025

Listen to the article Islamabad: The climate change debate in Pakistan revolves around fancy jargon, buzzwords and donor-driven policies. Whether you realize it or not, it has become fashionable to talk about climate change. Government, civil society and think tanks have coined new slogans like “green transition”, “just green transition”, “electric vehicles for climate change” etc., to pretend they are serious about it. However, more often than not, all efforts and feigned seriousness end up in fruitless self-promotion. Why? Because they couldn’t back up their conversations with concrete actions. The government has failed to design policies or actions according to

December 13, 2024

News Desk

Prime Minister orders reduction in electricity tariffs, emphasizes priority given to low-cost energy projects

Prime Minister Shehbaz Sharif chairs a meeting to review and discuss the country’s future electricity and power plans in Islamabad, December 13, 2024. — APP The Prime Minister orders the shift of power generation capacity to solar power. It calls for the immediate closure of inefficient power plants. It orders action against officials who willfully obstruct reforms. ISLAMABAD: As the incumbent government makes efforts to address the multifaceted challenges in the power sector, Prime Minister Shehbaz Sharif on Friday directed the relevant authorities to further reduce electricity tariffs and expedite the process of implementing the action plan for future projects

October 24, 2024

News Desk

Nepra approves power tariff reduction under FCA

A power transmission tower in Karachi, January 24, 2023. — Reuters ISLAMABAD: The National Electricity Regulatory Authority (Nepra) has approved 86 paisa per unit reduction in power tariffs under the monthly fuel cost adjustment (FCA) mechanism for August. According to a notice issued on Thursday, the Central Power Purchase Authority (CPPA) has asked for a 57 paisa per unit tariff reduction for the said period. The regulator held a public hearing on the CPPA petition on September 26. The regulator had also cut 37 paisa per unit in FCA for the month of July, it further said. FCA for August

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