Business
Business
World Bank Funds $1 Billion for Dasu Hydropower Project in Pakistan
The World Bank granted $1 billion for the second phase of financing the DASU Hydropower Stage I (DHP I) Project.…
Pakistan Economic Survey Reveals Shortfall in Fiscal Year 2023-24 Targets
The Economic Survey Report for Pakistan will be released today, detailing the fiscal year 2023-24. Sources indicate that the report…
SBP Cuts Interest Rate to 20.5% Amid Falling Inflation
The State Bank of Pakistan (SBP) announced a significant reduction in the interest rate by 150 basis points to 20.5…
French Experts Review E-Gate Installation at Karachi, Islamabad, Lahore Airports
On Sunday, French experts evaluated Karachi, Islamabad, and Lahore airports, assessing readiness for Electronic gates (E-gates) installation. Pakistan's Aviation Division…
2024-25 Budget: Federal Govt Targets Rs 60 Billion Recovery from Tobacco Sector
The federal government has resolved to intensify its fight against cigarette smuggling in the 2024-25 budget, aiming to recover an…
AirSial to Expand International Flight Operations with New Aircraft Fleet
AirSial, Pakistan’s third private airline, has decided to expand its international flight operations. The airline plans to acquire five new…
Government to Slash Petroleum Prices by Up to Rs12 from June 15
The government may reduce petroleum prices by up to Rs12 per litre starting June 15, following a $5.14 decrease per…
PSX Plunges Over 600 Points Amid Tax Increase Concerns
The Pakistan Stock Exchange (PSX) experienced a significant downturn on Friday, with the KSE-100 index dropping over 600 points during…
Electricity Rates Surge by Rs3.33 per Unit, NEPRA Confirms
The National Electric Power Regulatory Authority (NEPRA) has declared an increase in electricity tariffs by Rs3.33 per unit, which will…