Business
Business
Oil falls ahead of Opec+, US Federal Reserve meetings
Oil prices fell on Monday, giving up earlier gains. Global producers will likely keep output unchanged during a meeting this…
Steel prices rise again to Rs277,000 per tonne
Manufacturers increased steel bar prices to an all-time high of Rs277,000 per tonne, citing a severe currency devaluation and increased…
SBP’s foreign exchange reserves fall to a record low of $3.7 billion
As Pakistan struggles with a severe economic crisis and works to revive the International Monetary Fund's (IMF) bailout program to…
PK rupee takes a massive hit in the Interbank Market
After the unofficial cap was lifted, the rupee dropped against the US dollar in the interbank and open markets. In…
Adani Group Shares Slid 9%, after Hindenburg Research’s shocking findings
The shares of Adani Group plunged Wednesday after Hindenburg Research accused the Indian conglomerate of improper use of offshore tax…
Pakistani rupee falls although foreign exchange companies removing cap
The Pakistani rupee fell by 1.2% on Wednesday after foreign exchange companies removed a cap on the currency, saying it…
Honda Atlas announces new retail price of cars
Honda Atlas hiked the price of its CKD models due to the "uncertain economic conditions.". According to a notification issued,…
Dalda Foods IPO: Pakistan’s largest cooking oil manufacturer
The biggest cooking oil producer in Pakistan, Dalda Foods Limited, is preparing for an initial public offering (IPO) in the…
The gas crisis looms in Pakistan
Pakistan is expected to experience a heightened gas crisis in February after Italy-based LNG trading company ENI said it would…