Business
Business
Pakistan’s Circular Debt in Power Sector Surpasses Rs. 400 Billion
The circular debt owed to Independent Power Producers (IPPs), particularly those from Chinese companies, has soared past Rs. 400 billion.…
India to Boost Russian Oil Imports, Despite Western Sanctions
India stated on Friday that easing global oil prices could enhance India's ability to increase imports from Russia, particularly relevant…
PSX Breaks Record by Surpassing 65,000 Points
The Pakistan Stock Exchange (PSX) market has hit a new milestone, with the benchmark KSE-100 index continuing its upward trajectory…
Pakistan’s Foreign Reserves Total $12.1 Billion
Pakistan's total liquid foreign reserves have reached a level of US$12,107.1 million, as reported by the State Bank of Pakistan…
KSE-100 Soars in Bullish Trend, Hits Historic 63,000 Mark
The Pakistan Stock Exchange (PSX) witnessed a momentous day as the benchmark index surged past the 63,000 mark for the…
Pakistan Govt to Implement Major Gas Tariff Hike in January 2024
The federal government of Pakistan is set to implement a gas tariff increase for protected consumers starting January 2024. The…
CBC Announces Major Workforce Reduction, Cutting
Canada’s public broadcaster, CBC, is expected to announce a significant reduction in its workforce, cutting 600 jobs, which accounts for…
PSX Surpasses 62,000 Milestone with Bullish Market Trend
The Pakistan Stock Exchange (PSX) opened the week with a strong bullish trend, surpassing the 62,000 milestone during Monday's intraday…
Transport Canada Delays Audit Visit to Pakistan, Rescheduled for 2024
Transport Canada, the Canadian transportation agency, has unexpectedly postponed its planned visit to Pakistan to audit airports and flight security.…