Business
Business
Pakistani Auto Manufacturers Challenge Sales Tax Hike on Larger Vehicles
Pakistan's automobile manufacturers have urged the government to reconsider its recent increase in sales tax on larger vehicles with engine…
Nike to Cut Over 1,600 Jobs Amid Economic Challenges and Market Shifts
Nike has announced a workforce reduction by approximately 2%, equating to over 1,600 positions, to optimize operations and address financial…
Pakistani Rupee Witnesses Minor Recovery Against US Dollar
The Pakistani rupee slightly strengthened against the US dollar, marking an 8 paisa decline in interbank trading on Friday. This…
Petrol Prices Climb by Rs2.73 per Litre in Latest Government Adjustment
Following the Oil and Gas Regulatory Authority's (OGRA) guidance, the caretaker federal government has immediately increased petrol and diesel prices.…
Natural Gas Tariffs Surge by 67% Following Federal Cabinet Decision
On Thursday, the federal cabinet approved a 67% increase in natural gas tariffs starting February 1, to fulfil the year's…
ECC Approves Gas Tariff Increase for Pakistan’s Consumers
The caretaker government announced a gas price increase in response to the IMF's demands amidst an economic downturn. This adjustment…
Pakistan Government to Sell First Woman Bank Limited to UAE
The Pakistani government announced its intention to divest 82 per cent of its First Woman Bank Limited shares to the…
400% Increase in Pakistan Solar Panel Prices Due to Summer Demand Surge
With summer approaching, Pakistan's rising demand for solar panels has led to a price surge, affecting consumer finances. Solar panel…
PSX Soars Over 1,000 Points Amid Political Uncertainties and MSCI Boost
On Wednesday, the Pakistan Stock Exchange (PSX) witnessed a notable rally as the bulls took the reins, propelling the market…