Tue, 21-Oct-2025

PSX closes higher on Pakistan’s likely exclusion from FATF list

Stocks

KARACHI: The Pakistan stock market closed on a higher note on Friday as investors’ confidence improved on the news of expected removal of Pakistan from the Financial Action Task Force (FATF) grey list. An analyst at Arif Habib Limited said that bulls dominated the market throughout the day as Pakistan hopes to come off the … Read more

Cabinet body abolishes generation licences requirement for net metering

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has approved the proposal of the Power Division for eliminating the need for generation licences for small-scale RE-based systems (up to 25kW) for net metering. The decision was taken during the CCoE meeting, held under the chairmanship of the Federal Minister for Planning, Development and Special Initiatives Asad … Read more