Karachi: Jamaat-e-Islami (JI) on Saturday staged sit-in on Shahrah-e-Faisal near Nursery against Karachi Electric (K-E)’s unscheduled long hours load shedding, issuance of inflated bills and proposed raise in power tariff. The JI leaders in their address to protestors were of the view that K-E has become an ally to rulers in central and Sindh in…
KARACHI, July 10, 2020: The PTI government has decided to reduced the markup rate for the Prime Minister’s Kamyab Jawan Youth Entrepreneurship Scheme (PMKJ-YES) to increase it’s disbursement. Accordingly, following the directives of the federal government, the State Bank of Pakistan has revised the key features of the Prime Minister’s Kamyab Jawan Youth Entrepreneurship Scheme…
Karachi, July 6, 2020: Industrials have lodged strong protest over prolonged load shedding and allowing K-Electric to charge quarterly Fuel Cost Adjustment (FCA) of 2.89 rupees per unit. President of SITE Association of Industry Suleman Chawla has questioned the Economic Coordination Committee to clarify who is dearer to them: K-Electric or trade & Industry. He…
Karachi, June 12, 2020: The federal government for the first time in the history has reduced budget estimates for the next fiscal year 2020-21 compared to estimates of last fiscal year (FY20) due to Coronavirus pandemic. According to budget documents available to thebizupdate.com, the total outlay of budget 2020-21 is estimated Rs 7,295 billion compare…
Karachi, October 18, 2019: Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan Friday said the by-election had proved that Larkana was no more the fort of Pakistan Peoples Party. In a tweet on social media platform Twitter, she said change had occurred in Larkana. The narrative of those who were…