Business

Business

Atif Mian Warns of Economic Crisis in Pakistan: An Urgent Call for Action

Pakistani-American economist Atif Mian paints a grim picture of Pakistan's economic future, highlighting its vulnerable state. Atif Mian has called…

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SBP Likely to Cut Policy Rate in September Meeting

The State Bank of Pakistan is expected to lower its policy rate in its next meeting on Friday, September 12,…

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Petrol and Diesel Prices to Drop Again This September

For the fourth consecutive fortnight, the government is set to reduce petrol and high-speed diesel (HSD) prices by approximately Rs10…

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PIA Sale Stalls as Buyers Reject Government Conditions

Potential Pakistan International Airlines (PIA) buyers have rejected the government’s stipulated conditions for finalizing any purchase agreement. The bidders have…

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Toyota Resumes Production of Fielder, Corolla Axio, and Yaris Cross After Data Scandal

Toyota Motors, Japan's leading automaker, has resumed production of three car models: the Toyota Fielder, Corolla Axio, and Yaris Cross.…

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Energy Minister Awais Leghari Promises Permanent Relief from High Electricity Bills

As citizens grapple with soaring electricity bills attributed to 'unfavourable' agreements with independent power producers (IPPs), Federal Minister for Energy…

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Local Sodas Rise as Coca-Cola and PepsiCo Face Boycotts in Muslim-Majority Nations

Coca-Cola and PepsiCo have invested significantly over decades in Muslim-majority countries, from Egypt to Pakistan, promoting their soft drinks. However,…

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Pakistani Rupee Hits Two-Week Low Against US Dollar

The Pakistani rupee declined by Rs0.06, closing at Rs278.70 against the US dollar in the interbank market on Tuesday—a two-week…

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Crude Oil Prices Hit Nine-Month Low Amid Market Shifts

In the Al-Mi Market, crude oil prices have plummeted to the lowest point in nine months, marking a substantial decline…

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