Business
Business
Toyota Pakistan shuts down plant till Feb 14
Toyota Pakistan, Indus Motor Company (IMC), which makes Toyota automobiles, would "completely" shut down its production factory from February 1…
Gold prices in Pakistan roars to new record highs
The rupee has been left to the whims of the wild market forces to persuade the International Monetary Fund (IMF)…
Oil falls ahead of Opec+, US Federal Reserve meetings
Oil prices fell on Monday, giving up earlier gains. Global producers will likely keep output unchanged during a meeting this…
Steel prices rise again to Rs277,000 per tonne
Manufacturers increased steel bar prices to an all-time high of Rs277,000 per tonne, citing a severe currency devaluation and increased…
SBP’s foreign exchange reserves fall to a record low of $3.7 billion
As Pakistan struggles with a severe economic crisis and works to revive the International Monetary Fund's (IMF) bailout program to…
PK rupee takes a massive hit in the Interbank Market
After the unofficial cap was lifted, the rupee dropped against the US dollar in the interbank and open markets. In…
Adani Group Shares Slid 9%, after Hindenburg Research’s shocking findings
The shares of Adani Group plunged Wednesday after Hindenburg Research accused the Indian conglomerate of improper use of offshore tax…
Pakistani rupee falls although foreign exchange companies removing cap
The Pakistani rupee fell by 1.2% on Wednesday after foreign exchange companies removed a cap on the currency, saying it…
Honda Atlas announces new retail price of cars
Honda Atlas hiked the price of its CKD models due to the "uncertain economic conditions.". According to a notification issued,…