Business

Business

Pakistan to Increase Petrol and Diesel Prices Starting July 1

Petrol and high-speed diesel (HSD) prices are set to increase from July 1, reversing the trend of four consecutive price…

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Volkswagen Recalls 271,000 Vehicles in U.S. for Faulty Wiring Affecting Airbags

On Wednesday, the U.S. auto safety regulator announced that Volkswagen recalled over 271,000 vehicles due to a wiring fault that…

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K-Electric Seeks Rs10.69 Price Hike, Schedules NEPRA Hearing for June 27

K-Electric (KE) has requested government approval to increase its power tariff by Rs10.69/unit, targeting Rs44.69/unit for fiscal year 2023-24. This…

2 Min Read

Privatization of Pakistan International Airlines Set for Early August 2024

Pakistan International Airlines (PIA) will be privatized during the first week of August 2024, and six companies have been shortlisted…

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Pakistan’s Stock Market Tops Asia in Performance for 2024

Despite economic challenges, Bloomberg recognized Pakistan's stock market as Asia's best-performing market in 2024. The KSE-100 index saw a 27%…

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Pakistan’s Rupee Appreciates as Senate Challenges Tax Proposals in Budget

The Pakistani Rupee strengthened by eleven paisas against the US dollar in interbank trading on Tuesday, with the U.S. dollar…

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2024-25 Finance Bill: Senate Submits 128 Recommendations to National Assembly

During Monday's session, the Senate submitted 128 recommendations for the 2024-25 Public Sector Development Programme (PSDP) to the National Assembly,…

3 Min Read

LPG Price Rise by Rs50 per Kilogram Amid Black Marketing Claims

Irfan Khokhar, Chairman of the LPG Distributors Association, announced that the price of liquefied petroleum gas (LPG) has surged by…

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Pakistan Faces Rs600 Billion Loss Annually Due to Power Theft, Says Energy Minister

Federal Energy Minister Awais Leghari reported that Pakistan loses Rs600 billion annually due to power theft. During an interview on…

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