Business

Trump hits dozens of countries with steep tariffs, including 19% for Pakistani goods

Trump hits dozens of countries with steep tariffs, including 19% for Pakistani goods

WASHINGTON: US President Donald Trump has announced a fresh wave of steep import duties, targeting dozens of countries — including…
Pakistan to get first US oil shipment after landmark trade deal

Pakistan to get first US oil shipment after landmark trade deal

KARACHI/SINGAPORE: Pakistan’s largest refiner Cnergyico will import 1 million barrels of oil from Vitol in October, its vice chairman Usama…
PSX begins August with modest gains amid cautious trading

PSX begins August with modest gains amid cautious trading

KARACHI: The Pakistan Stock Exchange (PSX) opened the new month of August on a modest note, with the benchmark KSE-100…
Oil steadies as concerns about tariff impacts vie with Russian supply threats

Oil steadies as concerns about tariff impacts vie with Russian supply threats

Oil prices were little changed on Friday after falling more than 1% in the previous session as traders digested the…
Gold heads for weekly loss on stronger dollar

Gold heads for weekly loss on stronger dollar

Gold prices traded flat on Friday, but were on track for a weekly loss as pressure from a stronger dollar…
Utility Stores permanently shut down nationwide, notification issued

Utility Stores permanently shut down nationwide, notification issued

The Ministry of Industries and Production has issued a formal notification ordering the permanent closure of the Utility Stores nationwide,…
PM commends Awais Leghari for power sector reforms, savings Rs3.6 trillion

PM commends Awais Leghari for power sector reforms, savings Rs3.6 trillion

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday lauded Federal Minister for Power Sardar Awais Ahmad Khan Leghari for his pivotal…
Govt seizes sugar stocks amid crisis, puts 18 mill owners on ECL

Govt seizes sugar stocks amid crisis, puts 18 mill owners on ECL

ISLAMABAD: The government on Thursday launched a crackdown on sugar mills while taking full control of all the stock countrywide…
Cigarettes without FBR tax stamps to be seized across country

Cigarettes without FBR tax stamps to be seized across country

The Federal Board of Revenue (FBR) has authorised provincial revenue and excise officers — not below Grade 16 — to…
Ogra slashes LPG prices by Rs17.73 per kg

Ogra slashes LPG prices by Rs17.73 per kg

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has cut down the price of Liquefied Petroleum Gas (LPG), bringing some…
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