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...

Govt decides to privatise loss-making PIA

The Cabinet Committee on Privatisation (CCoP) approved the privatisation of Pakistan International Airlines (PIA) on Monday, which was a significant move. Govt decides to privatise...

European stocks end higher but mark first weekly loss in four

Following a three-day decline, European equities stabilised on Friday as optimism over some positive profits and U.S. jobs data demonstrating resilience in the world's...

Australian shares flat as miners counter losses in tech

Australian shares struggled to find traction as gains in financials and miners offset losses in IT and gold sectors. Investors were also uneasy about...

Pakistan’s foreign reserves drop to $13.46 billion

As of June 27, 2023, Pakistan's total liquid foreign reserves decreased by $74 million to $13.46 billion, according to information made public by the...

Pakistan and Iran sign agreements for bilateral trade, investment

Foreign Minister Bilawal Bhutto-Zardari and his Iranian counterpart Hossein Amir Abdollahian, several agreements between Pakistan and Iran were signed on Thursday. Pakistan and Iran sign...

Pakistan’s textile exports slump continues in July: APTMA

The All Pakistan Textile Mills Association (APTMA), Pakistan's textile sector exports fell significantly in July, by 15%, to $1.31 billion from $1.54 billion in...

Popular