The Pakistan Stock Exchange (PSX) recorded a positive performance at the end of the business week, with the index rising by 1,562.35 points with the benchmark index rising by 1.38%. The market’s current index stood at 114,768.75 points during intra-day trading. At 11: 20 am, PSX marking an increase of 1,562.35 points from the previous […]
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ISLAMABAD: GSMA has criticised Pakistan’s spectrum policy, warning that increasing the cost of spectrum is unsustainable and poses a significant threat to the future development of mobile services. GSMA, a global organisation representing mobile operators and entities across the mobile ecosystem and adjacent industries, has issued a paper emphasising that mobile network infrastructure is vital […]
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ISLAMABAD: The International Monetary Fund (IMF) has not endorsed Pakistan’s proposal to further reduce industrial electricity prices by Rs2.70 per unit through the complete elimination of cross-subsidies, which the sector is providing to shoulder subsidies to low-end residential consumers. Energy ministry sources told The Express Tribune that the ministry floated the proposal to further reduce […]
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