Business
Business
Surging Cotton Supplies Spark Hope for Pakistan’s Cotton Industry
Pakistani farmers' cotton supply to ginning factories has markedly increased, fueling optimism that this year's production may exceed 10 million…
Rise in Retail Sugar Prices and its Impact on Consumers and Industry
Wholesale prices have surged, leading to a substantial increase in the retail price of sugar, which now ranges from Rs150…
Federal Government Announces New Surcharge on K-Electric Consumers
The federal government has imposed a Rs1.52 per unit surcharge on all K-Electric electricity consumers. This additional charge, applicable to…
Pakistani Rupee Rebounds, Breaking Three-Session Losing Streak
The Pakistani Rupee rebounded against the US dollar on Thursday, breaking its three-session losing streak, per the State Bank of…
Pakistan Stock Exchange Soars to 49000 Points, A Six-Year High
The bullish streak at the Pakistan Stock Exchange (PSX) carried on unabated on Thursday as favourable economic indicators helped push…
Pakistan’s Inflation Rate Exceeds Predictions: July Figures Show a Surprising Surge
July saw an alarming surge in Pakistan's monthly inflation rate to 28.3%, surpassing market projections of 26%. This unexpected rise…
New Chairman for FBR: Malik Amjad Zubair Tiwana Takes Helm
Malik Amjad Zubair Tiwana, a prominent Inland Revenue Service (IRS) officer, has been announced as the new Federal Board of…
Pakistani Rupee Breaks Winning Streak as Gold Prices Drop
On Monday, the Pakistani rupee slipped by 0.07%, or Rs0.19, to Rs286.64 against the US dollar in the inter-bank market,…
Significant Rise in Petroleum Product Prices Announced by Finance Minister
On Tuesday, Finance Minister Ishaq Dar publicly announced a significant increase of Rs19 in petroleum product prices. During a televised…