Business
Business
PSX Plunges 770.54 Points Amidst Rupee Depreciation & Unfavorable Policies
The Pakistan Stock Exchange (PSX) experienced turbulence as concerns stemming from the recent rupee depreciation and the President's stance on…
Gold Prices in Pakistan Surge Amid Rupee’s Depreciation
Starting the week on a bullish trend, gold prices in Pakistan witnessed an uptick, influenced by the weakening of the…
Sindh Government’s Proactive Sugarcane Pricing: A Shift in Trends
The outgoing Sindh government has set the rate for sugarcane at Rs425 per 40kg for the 2023-24 season and announced…
Planning Commission Pushes for LNG Over LPG: Energy Sustainability Goals
The Planning Commission has advised the government to transition from the costlier liquefied petroleum gas (LPG) to the more affordable…
Air Sial Boosts International Operations with Flights from Sialkot and Multan
Pakistan's Air Sial, the country's third private airline, has broadened its international presence, operating two weekly flights from Sialkot and…
Petroleum Price Hike Drives Short-Term Inflation to 27.57%
In the week concluding on Aug 17, short-term inflation experienced a 27.57% spike year-on-year, primarily driven by a jump in…
Pakistan’s Rs4.37 Per Unit Spike: The Looming Electricity Price Hike for 2023
The government intends to hike electricity prices by Rs4.37 per unit, targeting an additional recovery of Rs122 billion from consumers…
Cost of Living Skyrockets Under Interim Govt: Sugar and Steel in Focus
Living costs have surged in just the first two days of the interim government, particularly with sugar and steel bar…
78% Reduction in Furnace Oil: Pakistan’s Bold Brownfield Refining Policy Move for 2023
Pakistan's newly-approved Brownfield Refining Policy aims to reduce furnace oil production, a high-sulfur fuel, drastically. This policy will result in…