Business
Business
PSX Rallies Strongly Amid Positive Economic Forecasts
The Pakistan Stock Exchange (PSX) showcased a strong rebound on Wednesday, recovering from a substantial loss in the previous session,…
K-Electric Tops in Fatalities Among Power Distributors
The National Electric Power Regulatory Authority (NEPRA) has issued its fiscal year 2023-24 report, identifying K-Electric as the distribution company…
Engro and Veon Forge Strategic Partnership to Expand Telecom Infrastructure
Through its strategic alliance with Veon, Engro, Pakistan's largest conglomerate, plans to expand its telecom tower-sharing initiatives across Pakistan and…
PSX Shares Surge, KSE-100 Index Crosses 111,000 Points
Shares at the Pakistan Stock Exchange (PSX) continued their climb on Tuesday, with the KSE-100 index surging past the 111,000…
Government Sells PIA Unit to Pakistan Air Force for Rs2.5 Billion
The government will sell a PIA business unit to the Pakistan Air Force for Rs2.5 billion in cash. This amount…
FBR Sets $1,200 Limit on Goods Under New Baggage Rules
The Federal Board of Revenue (FBR) has introduced new regulations under the baggage scheme, which now limit travellers from importing…
Pakistan’s Surge in Solar Energy Adoption
Pakistan quickly became one of the major solar energy markets within just a few years. According to the World Economic…
Petroleum Division to Start Disconnecting Gas to Captive Power Plants
This week, the Petroleum Division plans to start issuing notices to Captive Power Plants (CPPs). They must disconnect gas supplies…
84 Pakistani Textile Mills Declared Defaulters by International Cotton Association
The International Cotton Association (ICA) has labelled 84 Pakistani textile mills defaulters. Ahsanul Haq, chairman of the Cotton Ginners Forum,…