Karachi Matters Editor
- Pakistan
- December 21, 2024
- 68 views
Hafiz Naeem Ur Rehman Calls for Reduction in Electricity Prices, Warns of Protests
Hafiz Naeem ur Rehman, Ameer of Jamaat-e-Islami, has demanded a reduction in electricity prices, warning that protests will follow if the government fails to provide relief to the public. He…
- Pakistan
- December 17, 2024
- 89 views
Punjab Assembly Approves Major Salary Hike for Lawmakers and Ministers
The Punjab Assembly has approved a significant salary hike for its members and officials. MPAs’ salaries have been increased from PKR 76,000 to PKR 400,000, while ministers will now earn…
- Pakistan
- December 16, 2024
- 79 views
Inflation Drops to 4.9%, State Bank Forecasts Further Decline in Coming Months
Inflation in Pakistan has decreased to 4.9% in November, down from 7.2% the previous month, according to the State Bank of Pakistan. The Monetary Policy Committee anticipates that inflation may…
- Pakistan
- December 16, 2024
- 83 views
State Bank Reduces Interest Rate by 2%, Bringing It Down to 13%
The State Bank has announced a 2% reduction in the interest rate, bringing it down from 15% to 13%. The decision, made by the Monetary Policy Committee, follows a series…
- Pakistan
- December 13, 2024
- 62 views
Federal Minister Azam Nazeer Tarar Reveals Ministers’ Salary and Benefits
Federal Minister for Law, Azam Nazeer Tarar, disclosed that federal ministers receive a salary of approximately 200,000 rupees, along with a 1500cc car and 400 liters of petrol. He also…
- Pakistan
- December 12, 2024
- 52 views
Stock Exchange Sets New Record: KSE-100 Index Surges by 2500 Points, Crosses 113,000 Mark
The stock market continues its upward trend, with the KSE-100 Index reaching a new milestone. During today’s trading, the index surged by 2500 points, surpassing the 113,000 mark for the…
- Pakistan
- December 12, 2024
- 65 views
Power Companies’ Poor Performance Leads to 281 Billion Rupee Loss: NEPRA Report
NEPRA’s 2023-24 performance report reveals that poor management by power companies resulted in a loss of 281 billion rupees. Despite high demand, cheap power plants were not utilized, and all…
- Pakistan
- December 11, 2024
- 61 views
Pakistan’s Vehicle Market Surges: Car Sales Up 51%, Bike Sales Rise 26%
Car sales from July to November surged by 51%, reaching over 50,000 units compared to 33,000 last year. Bike sales also rose by 26%, totaling 578,000 units. Meanwhile, tractor sales…
- Pakistan
- December 11, 2024
- 69 views
Government Approves Revised Settlement Agreements with 8 More IPPs
The federal cabinet has approved revised agreements with 8 independent power producers (IPPs), leading to a reduction in electricity tariffs and saving Rs. 238 billion for the national treasury. This…
- Pakistan
- December 10, 2024
- 73 views
Lieutenant General (Retd) Faiz Hameed Formally Charged in Field General Court Martial
Lieutenant General (Retd) Faiz Hameed, the former head of ISI, has been formally charged in the Field General Court Martial. The charges include involvement in political activities, violations of the…
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