Business
Business
PIA Braces for Potential Collapse on September 15 Amid Financial Turmoil
The Pakistan International Airline (PIA) is facing potential operational suspension by September 15 due to severe financial constraints, a senior…
Critical Financial Crisis Grips PIA: 15 Planes at Risk of Grounding
Pakistan International Airlines (PIA) is grappling with a severe financial crisis that threatens to ground 15 of its planes if…
Pakistani Rupee Shows Remarkable Recovery Against US Dollar Following Government Crackdown
The Pakistani rupee witnessed a notable recovery against the US dollar, with rates plunging below Rs 300 in the open…
Federal Government to Retain Solar Net Metering Rates, Announces Energy Minister
Energy Minister Muhammad Ali announced that the interim federal government has no plans to reduce the rates for solar net…
Intelligence Report Highlights Power Theft Crisis in Power Distribution Companies (DISCOs)
In a new unsettling revelation, an intelligence agency report throws light on the deep-rooted issues faced by the country's power…
Bol Network Begins New Chapter Under AsiaPak Investments Leadership
On Monday, Bol Network disclosed its acquisition by AsiaPak Investments, a private equity firm focused on various sectors within Pakistan,…
World Bank Sets Conditional $2 Billion Disbursement for Pakistan
The World Bank emphasized the necessity of a joint approach to facilitate the allocation of a substantial $2 billion in…
NEPRA Approves Rs1.46 per Unit Fuel Charge Adjustment Amid Protests
In response to mounting protests over soaring electricity bills, the National Electric Power Regulatory Authority (NEPRA) authorized power distribution firms…
Economic Revival in Focus: Pakistan’s Caretaker Government Addresses Circular Debt and Import Restrictions
The caretaker government has revealed its plans to revamp the economy to salvage the dwindling economic conditions exacerbated by months…