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Business

Pakistan Economic Survey Reveals Shortfall in Fiscal Year 2023-24 Targets

The Economic Survey Report for Pakistan will be released today, detailing the fiscal year 2023-24. Sources indicate that the report…

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SBP Cuts Interest Rate to 20.5% Amid Falling Inflation

The State Bank of Pakistan (SBP) announced a significant reduction in the interest rate by 150 basis points to 20.5…

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French Experts Review E-Gate Installation at Karachi, Islamabad, Lahore Airports

On Sunday, French experts evaluated Karachi, Islamabad, and Lahore airports, assessing readiness for Electronic gates (E-gates) installation. Pakistan's Aviation Division…

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2024-25 Budget: Federal Govt Targets Rs 60 Billion Recovery from Tobacco Sector

The federal government has resolved to intensify its fight against cigarette smuggling in the 2024-25 budget, aiming to recover an…

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AirSial to Expand International Flight Operations with New Aircraft Fleet

AirSial, Pakistan’s third private airline, has decided to expand its international flight operations. The airline plans to acquire five new…

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Government to Slash Petroleum Prices by Up to Rs12 from June 15

The government may reduce petroleum prices by up to Rs12 per litre starting June 15, following a $5.14 decrease per…

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PSX Plunges Over 600 Points Amid Tax Increase Concerns

The Pakistan Stock Exchange (PSX) experienced a significant downturn on Friday, with the KSE-100 index dropping over 600 points during…

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Electricity Rates Surge by Rs3.33 per Unit, NEPRA Confirms

The National Electric Power Regulatory Authority (NEPRA) has declared an increase in electricity tariffs by Rs3.33 per unit, which will…

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ADB Grants $250 Million to Enhance Public-Private Partnerships in Pakistan

The Asian Development Bank (ADB) approved a $250 million loan, aiming to transition the funding of significant projects from public…

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