Business
Business
Petrol and Diesel Prices to Drop Again This September
For the fourth consecutive fortnight, the government is set to reduce petrol and high-speed diesel (HSD) prices by approximately Rs10…
PIA Sale Stalls as Buyers Reject Government Conditions
Potential Pakistan International Airlines (PIA) buyers have rejected the government’s stipulated conditions for finalizing any purchase agreement. The bidders have…
Toyota Resumes Production of Fielder, Corolla Axio, and Yaris Cross After Data Scandal
Toyota Motors, Japan's leading automaker, has resumed production of three car models: the Toyota Fielder, Corolla Axio, and Yaris Cross.…
Energy Minister Awais Leghari Promises Permanent Relief from High Electricity Bills
As citizens grapple with soaring electricity bills attributed to 'unfavourable' agreements with independent power producers (IPPs), Federal Minister for Energy…
Local Sodas Rise as Coca-Cola and PepsiCo Face Boycotts in Muslim-Majority Nations
Coca-Cola and PepsiCo have invested significantly over decades in Muslim-majority countries, from Egypt to Pakistan, promoting their soft drinks. However,…
Pakistani Rupee Hits Two-Week Low Against US Dollar
The Pakistani rupee declined by Rs0.06, closing at Rs278.70 against the US dollar in the interbank market on Tuesday—a two-week…
Crude Oil Prices Hit Nine-Month Low Amid Market Shifts
In the Al-Mi Market, crude oil prices have plummeted to the lowest point in nine months, marking a substantial decline…
FBR Plans to Raise Withholding Tax Rates Amid Revenue Decline
To mitigate a potential shortfall in tax collection, the Federal Board of Revenue (FBR) is considering a proposal to increase…
Pakistan’s CPI Climbs 9.6% in August, Hitting a 34-Month Low
Pakistan's consumer price index (CPI) rose 9.6% year-on-year in August, marking the lowest increase in 34 months, according to data…