Business
Business
Elon Musk Advocates for Balanced Approach to Fossil Fuels
Elon Musk, the founder of Tesla, shared his views on reducing carbon emissions to preserve the planet. He emphasized the…
US Dollar Drops to Four-Month Low Amidst Global Central Bank Shifts
The US Dollar (USD) reached a four-month low on Thursday, reacting to the Federal Reserve's indication that its interest-rate hiking…
Bolivia Signs $450 Million Lithium Deal with Russian Firm
Bolivia, possessing some of the largest lithium reserves in the world, has inked a $450 million agreement with Russian state-owned…
IMF Resumes $2.9 Billion Bailout for Sri Lanka
The International Monetary Fund (IMF) has resumed its $2.9 billion bailout package for Sri Lanka, with the South Asian country…
State Bank of Pakistan Holds Interest Rate at 22%
The State Bank of Pakistan (SBP) announced it would maintain the steady benchmark interest rate at 22 per cent. The…
Pakistani Rupee to Maintain Narrow Range Amid IMF Tranche Expectations
The Pakistani rupee is anticipated to trade within a tight range in December, buoyed by the prospect of the International…
Pakistan’s Circular Debt in Power Sector Surpasses Rs. 400 Billion
The circular debt owed to Independent Power Producers (IPPs), particularly those from Chinese companies, has soared past Rs. 400 billion.…
India to Boost Russian Oil Imports, Despite Western Sanctions
India stated on Friday that easing global oil prices could enhance India's ability to increase imports from Russia, particularly relevant…
PSX Breaks Record by Surpassing 65,000 Points
The Pakistan Stock Exchange (PSX) market has hit a new milestone, with the benchmark KSE-100 index continuing its upward trajectory…