Business
Business
PIA privatization; Deadline extended for submission of declaration of interest
Amid ongoing discussions on PIA privatization, they've decided to extend the deadline for submitting interest declarations by 15 days. Federal Minister for Privatisation, Abdul Aleem Khan, asserted that the deadline...
Business
Slashed fuel prices to offer relief to the public: Prime Minister Shehbaz shariff
Prime Minister Shehbaz Sharif announced that the inflation rate has dropped from 39 percent to 17 percent over...
Business
India’s forex reserves rise to one-month high
India's foreign exchange reserves increased by $2.6 billion to $586.11 billion, a one-month high, according to figures released...
Business
Govt decides to increase strategic oil reserves
The federal cabinet has decided to boost the strategic oil reserves. Govt increase oil reserves: The decision was made...
Business
Gold rates register decrease in Pakistan
Pakistan's gold prices decreased in line with the tola price, which fell by Rs. 1,200 on the local...
Pakistan and Iran agree to enhance cooperation in diverse sectors
ISLAMABAD: Pakistan and Iran decided to expand their bilateral cooperation in a number of different sectors on Wednesday. Pakistan and Iran agree cooperation: During a...
After electricity, gas price hike on the card in Pakistan
The government intends to increase gas prices by 60% as a measure to reduce the revolving debt in the gas industry. Consequently, with the...
Indus Motor Company’s profit falls 39% YoY to Rs9.66bn in FY23
Indus Motor Company (IMC) announced on Monday that its FY23 profit-after-tax (PAT) was Rs9.66 billion, down roughly 39% from the same period last year's...
European shares lose steam as Powell speech feeds rate concerns
With confidence suffering after Federal Reserve Chair Jerome Powell mentioned the need for additional interest rate hikes at the eagerly awaited Jackson Hole Symposium,...
Gold prices increase Rs2,900 per tola in Pakistan
On Friday, the price of a tola of gold in Pakistan jumped by Rs2,900. Gold prices increase in Pakistan: The price of 24-carat gold in...
SBP’s forex reserves fall below $8 billion
The foreign exchange reserves of the State Bank of Pakistan (SBP) fell by $125 million weekly and were at $7.93 billion as of August...