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Finance & Markets

‘Tariff hike applies only to package beneficiaries’

ISLAMABAD: The Rs25.30 per unit increase approved by the National Electric Power Regulatory Authority (Nepra) on Friday is the revised marginal rate under the Incremental Consumption Package for industrial and agricultural consumers, the power division said. In a statement, a spokesperson for the division clarified that this did not amount to an increase in the industrial power tariff, adding…

‘Tariff hike applies only to package beneficiaries’

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Govt reserves 10pc of local LPG for state-owned firms

UNDER the LPG auction framework, private bidders will be allowed to purchase a maximum of 20 tonnes per day.—APP ISLAMABAD: A high-level committee tasked with operationalising the LPG auction framework decided on Saturday that state-owned companies would be allocated 10 per cent of locally produced LPG, while private bidders would be…

IT earnings drive 22.6pc growth in services exports

• Proceeds reach $2.72 billion in July-September FY27, up from $2.22bn • Imports increase 16.32pc to $3.55bn • Trade deficit remains almost unchanged at $832m ISLAMABAD: Services exports recorded robust year-on-year growth of 22.60 per cent in the first quarter of 2026-27, largely driven by higher earnings from information technology.

Global food prices edge lower

ISLAMABAD: World wheat prices have declined following four consecutive monthly increases, largely reflecting subdued international demand and an improving production outlook. According to the Food Price Index, published by the United Nations Food and Agriculture Organisation (FAO) on Friday, expectations of easing constraints on export…

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