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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...

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...

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...

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...

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...

Most Gulf markets in black ahead of Powell’s speech

Ahead of a meeting of central bankers from around the world in Jackson Hole, the majority of stock markets in the Gulf concluded the...

Rupee hits record low of 300 against US dollar

The Pakistani rupee traded at an all-time low of Rs300.37 during morning trade in the interbank market, sending the US dollar to a record...

Pakistani rupee drops to record low against US dollar

In the interbank market on Tuesday, the Pakistani rupee hit a record low against the US dollar as a result of the relaxing of...

Power tariff likely to increase by Rs2.07/ per unit

The Central Power Purchasing Agency (CPPA) has requested the National Electric Power Regulatory Authority (Nepra) to raise the electricity rate by Rs2.07 paisa due...

Most Gulf markets fall as China’s rate cut disappoints

The Qatari index fell the most on Monday as the majority of stock markets in the Gulf finished lower due to investors' disappointment with...

Pak Suzuki announces another motorcycle plant shutdown

Pak Suzuki Motor Company's (PSMC) motorcycle facility will undergo another closure from August 18 to August 31. Pak Suzuki motorcycle plant shutdown: The Pakistan Stock...

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