Business
Business
Predicted Fluctuations in Pakistani Rupee Exchange Rates and Economic Forecasts
According to predictions by Trading Economics' global macro models and expert forecasts, the Pakistani rupee (PKR) is anticipated to reach…
Kia Lucky Motors Announces Major Price Hike on Car Models”
Kia Lucky Motors has declared a significant price hike for various models of Kia vehicles, effective from July 5, 2023,…
Pakistan’s Default Risk Drops Following Successful $3B IMF Deal
Pakistan's risk of default, indicated by credit default swaps (CDS), has decreased to a six-month low of 46.76% following the…
DRAP Urges Medicine Barcode Implementation to Curb Counterfeit Drugs
The national medicines regulatory body has mandated that all pharmaceutical companies and drug importers incorporate 2-D barcodes on their medicine…
Pakistan’s Power Sector Grapples with Escalating Circular Debt
Pakistan's power sector has been grappling with mounting circular debt, reaching Rs2.646 trillion by May 2023. According to a report…
NEPRA Hikes Electricity Tariff by Rs1.25 per Unit; Offers Reduction for K-Electric Consumers
On Tuesday, the National Electric Power Regulatory Authority (NEPRA) announced another surge in electricity rates, increasing them by Rs1.25 per…
Pakistani Rupee Soars by Rs. 15 Against US Dollar Following IMF Aid
The Pakistani rupee appreciated by Rs15 against the US dollar on Tuesday in the interbank market, following the last-minute financial…
Pakistan Witnesses Growth in Exports and Reduction in Trade Deficit in June 2023
The last month, June, saw an eight per cent rise in Pakistan's exports, even though there was a year-on-year decrease…
Gold Prices in Pakistan Drop Significantly as Rupee Appreciates
At the beginning of the week, gold prices in Pakistan experienced a significant drop of over Rs8,000 due to the…