Business
Business
Pakistan Requires $340 Billion by 2030 to Address Climate Change: Shamshad Akhtar
Caretaker Finance Minister Shamshad Akhtar declared that to tackle climate change challenges by 2030, Pakistan requires an investment of around…
Shell Confirms Sale of Major Stake in Shell Pakistan to Wafi Energy LLC
Shell Petroleum Company Limited, a branch of Shell plc, has confirmed the sale of its 77.42% interest in Shell Pakistan…
Bank Alfalah Launches New International Branch in Dubai
Bank Alfalah, a leading commercial bank in Pakistan, inaugurated its international branch on the renowned Sheikh Zayed Road, Dubai. The…
Govt Announces Major Hike in Gas Prices
The federal cabinet, led by Prime Minister Anwaarul Haq Kakar, approved a hike in gas prices on Monday to garner…
SBP Retains Policy Rate at 22% Amidst Economic Developments
The State Bank of Pakistan (SBP) confirmed on Monday that it decided to retain the key policy rate at 22%,…
Petroleum Ministry Announces Revised Oil Dealers Margins
The Petroleum Ministry is set to implement revised margins for dealers and oil marketing companies (OMCs) starting November 1. Recommendations…
LESCO Recovers Rs 1.65 Billion From Defaultors
The Lahore Electric Supply Company (LESCO) has recouped outstanding dues across five districts. In just over a month, through a…
Inflation Soars in Pakistan Amid Rising Energy and Food Costs
Pakistan's weekly inflation, as per the Sensitive Price Indicator (SPI), was a significant 29.65% hike during the week ending on…
Russian Rouble Hits Six-Week High Following Aggressive Interest Rate Hike
The Russian Rouble soared to a six-week peak against the US Dollar on Friday, propelled by the Bank of Russia's…