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Business

Pakistan to Slash Electricity Tariff by Rs8 Per Unit

Pakistan will announce a Rs8 per unit reduction in the electricity tariff. Prime Minister Shehbaz Sharif will formally make the…

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Pakistan Stock Exchange Hits All-Time 118,000 Points

The Pakistan Stock Exchange (PSX) witnessed a bullish rally as the benchmark KSE-100 index surged to an all-time high, nearing…

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Pakistan Approves PIA Privatization Structure for Second Try

On Tuesday, Pakistan's Privatization Commission made a significant announcement by approving a plan to sell Pakistan International Airlines (PIA) for…

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Pakistan Charges Rs 107 in Taxes Per Litre of Petrol

Pakistan's fuel prices are hitting consumers hard. Documents reveal that taxes, duties, and margins amount to Rs 107.12 per litre…

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Pakistan’s Current Account Deficit Narrows to $12 Million in February 2025

Pakistan’s current account balance (CAB) recorded a deficit of $12 million in February 2025, a significant improvement from the $399…

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Forever 21 Files for Bankruptcy Again, Starts Liquidation

Forever 21 filed for Chapter 11 bankruptcy on Sunday, marking its second filing in six years. The U.S. fast-fashion chain…

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PSX KSE-100 Gains 700+ Points Despite IMF Delay

The Pakistan Stock Exchange (PSX) experienced a significant surge on Monday, with the KSE-100 index climbing by 759.91 points, or…

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Oil Prices Surge as US Targets Houthis, Asia Stocks Rise

Oil prices surged on Monday, with Brent futures increasing by 1.06% to $71.33 per barrel. Meanwhile, US West Texas Intermediate…

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Trump’s US Strategic Bitcoin Reserve Targets Crypto Growth

President Donald Trump has signed an executive order to establish a "Strategic Bitcoin Reserve" in the United States. White House…

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