Despite a 40 percent hike in the power tariff since the incumbent government came to power, international donors remain dissatisfied with the government failing to increase the electricity tariff to counter the rising circular debt.According to a repor…

Local manufacturers of pottery and ceramic products have reacted strongly to the recent increase in the gas tariff, stating that it will make their products uncompetitive, reported a national daily.The industry players have launched a strong protest on…

Lucky Cement Limited has announced its financial results for the year that ended on 30 June 2021.The company reported a consolidated highest-ever profit after a tax of Rs. 28.22 billion, up by 286 percent or 2.86x as compared to Rs.

The Pakistan Institute of Development Economics (PIDE) has conducted a study into private housing societies in the country and their legality. While this debate is not new, it has recently garnered more attention than usual in popular media.Consider ju…

United Bank Limited (UBL) exhibited an outstanding financial performance as its profitability grew by 31 percent Year-on-Year in the first half of 2021.According to its financial statement, the bank made a profit of Rs. 14.9 billion during January-June…