Business
Business
Air Sial Boosts International Operations with Flights from Sialkot and Multan
Pakistan's Air Sial, the country's third private airline, has broadened its international presence, operating two weekly flights from Sialkot and…
Petroleum Price Hike Drives Short-Term Inflation to 27.57%
In the week concluding on Aug 17, short-term inflation experienced a 27.57% spike year-on-year, primarily driven by a jump in…
Pakistan’s Rs4.37 Per Unit Spike: The Looming Electricity Price Hike for 2023
The government intends to hike electricity prices by Rs4.37 per unit, targeting an additional recovery of Rs122 billion from consumers…
Cost of Living Skyrockets Under Interim Govt: Sugar and Steel in Focus
Living costs have surged in just the first two days of the interim government, particularly with sugar and steel bar…
78% Reduction in Furnace Oil: Pakistan’s Bold Brownfield Refining Policy Move for 2023
Pakistan's newly-approved Brownfield Refining Policy aims to reduce furnace oil production, a high-sulfur fuel, drastically. This policy will result in…
Pakistan’s Alarming Debt Surge: PDM Government’s 15-Month Financial Challenge
In a concerning turn, Pakistan Democratic Movement (PDM) government amassed a public debt of Rs18.5 trillion within 15 months. This…
Azerbaijan’s National Airline, AZAL, to Begin Regular Flights to Pakistan’s Prime Cities
Starting September 20, 2023, Azerbaijan's national airline, AZAL, is set to commence regular flights to Pakistan, connecting to its capital,…
Rupee’s Plunge: From Rs287 to Rs300 Against the US Dollar in a Day
On Tuesday, the rupee experienced a significant decline against the US dollar, falling by Rs4 in the open market. This…
Rupee’s Decline against the US Dollar: Influencing Factors and IMF’s Role
The rupee experienced a significant decline of Rs2.78 against the US dollar in Tuesday's interbank trade. As the Exchange Companies…