Tag Archives: press release

National Electric Power Regulatory Authority Approves Tariff Hike for FY2023-24

The National Electric Power Regulatory Authority (Nepra) has given its approval for an increase in the national average power tariff by Rs4.96 per unit for the current fiscal year. This decision aims to address various factors affecting the power sector in the country. Higher National Average Tariff for FY2023-24 In a press release, the power… Read More »

Riots in France Subsiding as Protests Against Shooting of Nahel M Eases

Riots in France have shown signs of calming down after a tumultuous five-day period of violent protests that erupted following the shooting of teenager Nahel M during a police traffic stop. Subdued Violence and Reduced Arrests on Sunday Night Sunday night witnessed a significant decrease in violence, with fewer arrests made as compared to previous… Read More »

France Riots Ease as Mayors Call for Anti-Violence Rally

The recent riots in France following the shooting of teenager Nahel M during a police traffic stop seem to be calming down after five days of violent protests. The number of arrests has decreased, with over 150 people arrested on Sunday night, compared to over 700 the previous night. Calls for an end to the… Read More »

Upside Risks to Inflation Outlook Increase, Prompting Policy Rate Hike

The State Bank of Pakistan (SBP) stated that the MPC discussed the rising potential risks to the inflation outlook since its last meeting on June 12. The committee emphasized that these risks primarily stem from the implementation of new measures in the fiscal and external sectors. These measures are crucial in the context of completing… Read More »