Business
Business
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…
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,…
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…
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…
Hub Power and BYD Launch Electric Vehicles in Pakistan
Hub Power Company Limited (PSX: HUBC), in collaboration with BYD Auto Industry Company Limited, is diversifying into Pakistan's electric vehicle…
Federal Government Sets Guidelines for Exporting of Sugar
The federal government has formulated a strategy to export 150,000 tonnes of sugar. Government sources indicate this quota will be…
IMF Praises Pakistan’s 2024-25 Budget Amid Strict Fiscal Reforms
The International Monetary Fund (IMF) commended Pakistan on Saturday for its stringent fiscal measures in the 2024-25 budget. During virtual…
Why Are Pakistan’s Textile Mill Owners Exporting Their Used Machinery?
Pakistan's once-thriving textile industry is facing a severe crisis, leading to the export of used machinery to countries like Afghanistan,…
Pakistan Stock Exchange Hits Record High Over 80,000 Points
The Pakistan Stock Exchange (PSX) experienced a significant boost on Friday, surpassing 80,000 points for the first time during the…