Business
Business
Rupee Rises Sharply: US Dollar Down by Rs1.28 in Interbank Market
The Pakistani rupee strengthened by Rs1.28 against the US dollar in Tuesday's interbank market, citing sources among forex dealers. The…
Upcoming Gas Price Hike in Pakistan: A Measure to Tackle Circular Debt
Gas prices are poised for a steep increase of up to 100% across various consumer categories, a move aligned with…
Shamshad Akhtar Reaffirms Commitment to Economic Transparency at World Financial Meetings
During her visit to Morocco for the annual World Bank and International Monetary Fund meetings, Caretaker Minister for Finance, Revenue,…
K-Electric Seeks Rs3.02 Tariff Rise Amid Regulatory Scrutiny
K-Electric, the primary electric power supplier in Karachi, has filed a petition for a significant Rs3.02 per unit increase in…
Pakistan Slashes Petrol and Diesel Prices
In a move that offers considerable relief to consumers burdened by inflation, Pakistan's interim administration announced a significant reduction in…
PIA Announces Employee Bonus Amid Financial Turmoil
Despite towering losses of Rs12 billion per month and an aggregate loss exceeding Rs740 billion, Pakistan International Airlines (PIA) has…
Pakistan Eyes 1 Million Tons Annual Russian Oil Import Amid European Sanctions
Amid European bans on Russian crude oil post the Ukraine invasion, Pakistan's Caretaker Energy Minister, Mohammad Ali, contemplates a prolonged…
Fuel Price Drop Forecast: Petrol and Diesel to Plunge Below Rs300 per Litre
Petrol and high-speed diesel prices are set to decrease, potentially falling below Rs300 per litre, due to global oil price…
SBP Governor Assures Pakistan’s Readiness for IMF’s Financial Targets
State Bank of Pakistan (SBP) Governor Jameel Ahmad recently confirmed Pakistan's strong position to meet the IMF's end-September objectives for…