Business
Business
Pakistan’s Sugar Reserves Depletion: Unveiling the Reality and Immediate Counteractions
The interim government addressed a pressing concern: Pakistan's sugar reserves have shockingly reduced to just 2.3 MMT, insufficient to sustain…
Anticipated Rise in Petrol Rates Starting September 1st, 2023
The Oil and Gas Regulatory Authority (Ogra) is contemplating recommending an increase in petroleum product prices following a global surge…
Dollar Rate Differential Poses Hurdle for Pakistan’s IMF Agreement
The gap between the interbank and open market rates of the dollar is widening, posing a significant challenge for the…
DRAP Announces Price Surge for 25 Essential Medications amidst Inflation
On Wednesday, the Drug Regulatory Authority of Pakistan (DRAP) announced a price increase for 25 essential drugs, including those crucial…
PSX’s KSE-100 Index Gains Over 500 Points in Morning Trade
During Thursday's morning session, the Pakistan Stock Exchange’s (PSX) KSE-100 index surged over 500 points. By 11:00 a.m., the index…
PSO Profits Plunge by 90% in 2023 Amid Economic Challenges
Pakistan State Oil's (PSO) financial performance has witnessed a dramatic slump, with the company's net consolidated profit plummeting almost 90%…
Nepra Considers Additional Charges of Rs 2.31 for Electricity Consumers
The National Electric Power Regulatory Authority (Nepra), in response to Power Division's appeal, is leaning towards allowing distribution companies (Discos)…
Dollar Surges Beyond Rs300: Economic Repercussions for Pakistan
While the inter-bank market managed to keep the dollar below the Rs300 mark, the greenback soared to a record high…
NEPRA’s Electricity Rate Increased by Rs 5.40 per unit
The National Electric Power Regulatory Authority (NEPRA) has announced an increase in the power tariff by Rs5.40 per unit as…