Business
Business
LPG Price Rise by Rs50 per Kilogram Amid Black Marketing Claims
Irfan Khokhar, Chairman of the LPG Distributors Association, announced that the price of liquefied petroleum gas (LPG) has surged by…
Pakistan Faces Rs600 Billion Loss Annually Due to Power Theft, Says Energy Minister
Federal Energy Minister Awais Leghari reported that Pakistan loses Rs600 billion annually due to power theft. During an interview on…
Hub Power and BYD Launch Electric Vehicles in Pakistan
Hub Power Company Limited (PSX: HUBC), in collaboration with BYD Auto Industry Company Limited, is diversifying into Pakistan's electric vehicle…
Federal Government Sets Guidelines for Exporting of Sugar
The federal government has formulated a strategy to export 150,000 tonnes of sugar. Government sources indicate this quota will be…
IMF Praises Pakistan’s 2024-25 Budget Amid Strict Fiscal Reforms
The International Monetary Fund (IMF) commended Pakistan on Saturday for its stringent fiscal measures in the 2024-25 budget. During virtual…
Why Are Pakistan’s Textile Mill Owners Exporting Their Used Machinery?
Pakistan's once-thriving textile industry is facing a severe crisis, leading to the export of used machinery to countries like Afghanistan,…
Pakistan Stock Exchange Hits Record High Over 80,000 Points
The Pakistan Stock Exchange (PSX) experienced a significant boost on Friday, surpassing 80,000 points for the first time during the…
PSX Achieves Historic Peak: KSE-100 Index Surges to 78,801 Points
The Pakistan Stock Exchange (PSX) reached a record high on Thursday, with the KSE-100 Index climbing 2.66 percent to hit…
Fitch Forecasts Stabilization of Pakistan’s Inflation and Interest Rate Cuts by 2025
Fitch Ratings expects Pakistan's inflation rate to stabilize at around 12 per cent and further interest cuts. The agency forecasts…