Business

Bears return to stock market as KSE-100 plunges over 1,000 points

Bears return to stock market as KSE-100 plunges over 1,000 points

KARACHI: The Pakistan Stock Exchange (PSX) experienced a negative trend on the last trading day of the week a day…
Oil prices edge lower after US, Iran extend talks

Oil prices edge lower after US, Iran extend talks

Oil prices fell on Friday and were on track for a weekly decline after the United States and Iran extended…
Pakistan awards 11 onshore oil, gas blocks to boost exploration

Pakistan awards 11 onshore oil, gas blocks to boost exploration

ISLAMABAD: Pakistan has awarded 11 onshore oil and gas exploration blocks in a significant step aimed at accelerating domestic energy…
Power tariff may rise nationwide as NEPRA concludes hearing

Power tariff may rise nationwide as NEPRA concludes hearing

ISLAMABAD: Electricity consumers across Pakistan may face a hike in power tariffs after the National Electric Power Regulatory Authority (NEPRA)…
Pakistan’s forex reserves rise by $106.2 million: SBP

Pakistan’s forex reserves rise by $106.2 million: SBP

KARACHI: The State Bank of Pakistan (SBP) on Thursday released its weekly data showing an increase of $106.2 million in…
Revolution on wheels: 1,100 electric taxis hit Punjab streets today

Revolution on wheels: 1,100 electric taxis hit Punjab streets today

For the first time in Pakistan, the Punjab government is rolling out an E-Taxi Scheme, aimed at promoting electric vehicles…
Punjab Govt decides to outsource public schools

Punjab Govt decides to outsource public schools

The Punjab government has decided to place a large number of public schools under private management as part of its…
Federal Court backs tax authorities’ power to raid

Federal Court backs tax authorities’ power to raid

The Federal Constitutional Court of Pakistan has delivered a significant ruling on the powers of tax authorities. The court clarified…
SECP revises, Shariah screening criteria for PSX-KMI all share index

SECP revises, Shariah screening criteria for PSX-KMI all share index

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved revisions to the Shariah screening criteria and methodology for…
Federal cabinet considers replacing Rs10 note with coin to save billions

Federal cabinet considers replacing Rs10 note with coin to save billions

ISLAMABAD: The federal cabinet has begun considering in-principle approval to introduce a Rs10 coin in place of the existing Rs10…
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