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...

Toyota’s global sales rise 5.1% to 4.9mn in first half of 2023

Toyota Motor, a Japanese carmaker, reported on Friday that it sold 5.1% more vehicles in the first half of 2023 than in the same...

Pakistan oil companies sign MoU to collaborate with Saudi Aramco

Leading Pakistani state-owned businesses will work with Saudi Aramco on a $10 billion greenfield refinery project at Gwadar Port, according to the state-run APP. Pakistan...

Most Gulf markets fall following Fed rate hike; Qatar gains

As regional central banks raised significant interest rates in response to the U.S. Federal Reserve's decision to raise rates by a quarter of a...

Gold price increased by Rs2,600 per tola in Pakistan

In Karachi. In keeping with the upward trend in the international market, gold prices increased on Thursday in Pakistan. Gold price increased in Pakistan: The...

PIA flight operations at risk after FBR freezes bank accounts

Pakistan International Airlines (PIA) is experiencing a serious financial problem, raising questions about how it will continue to operate aeroplanes despite growing debt. PIA flight...

China rolls over $2.4 billion loan to Pakistan

To increase Islamabad's foreign exchange reserves, the EXIM Bank of China has extended its $2.4 billion loan to Pakistan for an additional two years. China...

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