Business
Business
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.…
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…
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,…
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…
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…
FBR Plans to Raise Withholding Tax Rates Amid Revenue Decline
To mitigate a potential shortfall in tax collection, the Federal Board of Revenue (FBR) is considering a proposal to increase…
Pakistan’s CPI Climbs 9.6% in August, Hitting a 34-Month Low
Pakistan's consumer price index (CPI) rose 9.6% year-on-year in August, marking the lowest increase in 34 months, according to data…
PTA to Suspend SIMs Linked to Expired CNICs, Intensifies Crackdown on Illegal Content
On Monday, the Pakistan Telecommunication Authority (PTA) announced that it will suspend mobile SIMs of users who have not updated…
Moody’s Upgrades Ratings for Five Major Pakistani Banks
Z-Investors Services has announced an upgrade in the ratings of five leading Pakistani banks. The prestigious global rating agency Moody's…