Business
Business
Over 13,000 Petrol Stations to Shut Nationwide as Dealer Talks Fail
The Pakistan Petroleum Dealers Association (PPDA) declared that discussions with various government levels and stakeholders had failed, compelling a nationwide…
Pakistan International Airlines Leads Government’s Privatization Drive
Pakistan International Airlines (PIA) and other national entities face financial deficits amid the privatization process; consequently, they continue to incur…
Federal Govt Imposes New Duties on Luxury Goods and Automotive Parts in Pakistan
The Federal Government has implemented a regulatory duty on 657 luxury goods imports and announced additional customs duties on 2,200…
June Inflation Hits 12.6% in Pakistan Amid Economic Measures
According to the Pakistan Bureau of Statistics (PBS), headline inflation in June reached 12.6% year over year. This rate surpasses…
Petroleum Dealers Threaten Nationwide Shutdown on July 5 Over Advance Tax
The Pakistan Petroleum Dealers Association (PPDA) has threatened to close petrol stations nationwide on July 5 unless the government revokes…
Eight Dead as Monsoon Rains Trigger Landslides in Balochistan
Heavy pre-monsoon rains, which began on Friday and continued into Saturday, resulted in the deaths of at least eight people…
PSX Climbs Over 700 Points Amid Lower Inflation Expectations and IMF Deal Hopes
Shares at the Pakistan Stock Exchange (PSX) surged over 700 points in intraday trading on Monday amid expectations of declining…
Government Raises Gas Rates for Industrial Units, Holds Back on Consumer Relief
The government increased gas rates by approximately 9% for industrial captive power units effective July 1, meeting an IMF prerequisite.…
Warren Buffett Changes Will, Ends Posthumous Donations to Gates Foundation
Warren Buffett has revised his will and shifted the direction of his vast fortune posthumously. Warren Buffett, 93, the chairman…