Business
Business
Federal Cabinet Greenlights First Phase of Iran-Pakistan Gas Pipeline Project
The outgoing interim federal cabinet approved the commencement of the first phase of the Iran-Pakistan (IP) gas pipeline project, spanning…
Utility Stores Corporation Announces Pre-Ramadan Price Cuts
Utility Stores Corporation (USC) has introduced another round of price reductions ahead of its Ramadan relief initiative. This adjustment sees…
Global Oil Prices Dip Amid Strong Dollar and Inflation Concerns
Oil prices declined on Monday, with Brent crude futures dropping by 0.4% to $81.27 a barrel and U.S. West Texas…
SBP Allows Exporter To Use Foreign Currency Account
Exporters can now retain a certain percentage of their export earnings in ESFCAs, as specified by the SBP, which they…
TSMC Unveils $8.6 Billion Chip Plant in Japan to Strengthen Global Supply
Morris Chang, founder of TSMC, announced at the inauguration of their $8.6-billion chip plant in Japan to ensure global chip…
Pakistan’s Weekly Inflation Soars to 30.68%
The Pakistan Bureau of Statistics (PBS) disclosed a slight rise in weekly inflation, as gauged by the Sensitive Price Indicator…
Government Cuts Profit Rates on National Savings Schemes
Effective immediately, the government announced a reduction in profit rates for nearly all national savings schemes, excluding a conventional savings…
Government Plans to Revise Solar Tariffs Amid High Fuel Costs
Acknowledging the burden of high fuel cost adjustments on consumers, the government signalled intentions to revisit net metering tariffs for…
PSX Surges Over 900 Points as Political Clarity Boosts Investor Confidence
Bulls led the charge at the Pakistan Stock Exchange (PSX) on Wednesday, propelling shares upwards by over 900 points. This…