–Easypaisa appears cheaper for frequent bank transfers and routine utility payments, while JazzCash retains advantages for freelancers Aftab Maken ISLAMABAD: Pakistan’s mobile wallet competition is intensifying as users increasingly compare transaction costs across digital platforms. A review of the latest available fee schedules shows Easypaisa holding an advantage in several …
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Petrol, diesel and tomatoes offer relief Aftab Maken ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation increased by 0.28 percent during the week ended August 6, 2026, for the combined consumption group, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to PBS data, the combined SPI for the …
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BeNewz Report ISLAMABAD: Petroleum Division is preparing a gas sector deregulation roadmap with World Bank technical support. The plan seeks competitive pricing, stronger regulation, private investment, and reduced subsidy distortions. Petroleum Division will finalize a gas sector reform roadmap by August-end. Federal Petroleum Minister Ali Pervaiz Malik chaired the meeting …
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EBIT falls 19%, Capex surges, modest subscriber growth & digital lending expands BeNewz Report ISLAMABAD: Jazz Pakistan delivered strong revenue and EBITDA growth in the second quarter of 2026, but the headline performance masked several pressure points, including a sharp decline in EBIT, higher capital spending, modest subscriber growth and rapidly …
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Aftab Maken ISLAMABAD: Pakistan’s annual inflationary pressure remained elevated, with the Sensitive Price Indicator (SPI) rising 9.05 percent year-on-year during the week ended July 30, 2026, despite a marginal 0.91 percent decline in prices on a weekly basis, according to the latest data released by the Pakistan Bureau of Statistics …
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Aftab Maken ISLAMABAD: Pakistan Telecommunication Company Limited reported a sharp rise in revenue and profit during the first half of 2026, but escalating operating costs, finance charges and heavy cash outflows remain major concerns. Pakistan Telecommunication Company Limited posted a consolidated profit of Rs 4.67 billion for the six months …
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–Prime Minister Shehbaz Sharif approves amendments to the Pakistan Oil Refining Policy 2023, directing refinery upgrades, energy sector reforms and stronger strategic petroleum reserves to enhance Pakistan’s energy security. Aftab Maken ISLAMABAD: The Cabinet Committee on Energy (CCoE), chaired by Prime Minister Shehbaz Sharif, on Tuesday approved proposed amendments to …
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–The Oil and Gas Regulatory Authority has reduced the ex-depot price of petrol by Re1 per litre while increasing high-speed diesel by Rs3.37 per litre under the government’s revised petroleum pricing mechanism, effective July 28. Aftab Maken ISLAMABAD: The Govt on Monday revised the ex-depot prices of petroleum products, reducing …
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–The Economic Coordination Committee approves three new export promotion schemes, Rs. 4 billion for international power arbitration cases, and a series of policy measures covering energy, petroleum and social security. Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved a package of export promotion measures, …
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Aftab Maken ISLAMABAD: Pakistan’s weekly inflation, measured by the Sensitive Price Indicator (SPI), rose 0.91% during the week ended July 23, 2026, driven mainly by sharp increases in fuel and tomato prices, while annual SPI inflation accelerated to 9.66%, according to the Pakistan Bureau of Statistics. Pakistan’s weekly inflation increased …
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