Business

PIA posts profit in 20 years ahead of planned privatisation

PIA posts profit in 20 years ahead of planned privatisation

KARACHI: Pakistan International Airlines (PIA) posted a pre-tax profit in the first half of 2025, which a company source said…
Pakistan, China sign MoUs in multiple projects

Pakistan, China sign MoUs in multiple projects

ISLAMABAD: Pakistan and China have signed multiple memorandums of understanding (MoUs) aimed at strengthening cooperation in agriculture, environmental protection and…
Govt issues list of certified Umrah companies to prevent fraud

Govt issues list of certified Umrah companies to prevent fraud

In a bid to protect Umrah pilgrims from fraudulent practices, the federal government has released an official list of certified…
Credit card purchases rise sharply by 31.6 per cent in August 2025

Credit card purchases rise sharply by 31.6 per cent in August 2025

Data released by the State Bank of Pakistan (SBP) revealed that credit card purchases and payments reached Rs169 billion in…
Pakistan meets most IMF conditions ahead of review mission

Pakistan meets most IMF conditions ahead of review mission

Islamabad is gearing up for the arrival of the International Monetary Fund (IMF) review mission on September 25, with officials…
Govt plans mini-budget for flood relief and tax shortfall

Govt plans mini-budget for flood relief and tax shortfall

The federal government is preparing to introduce a mini-budget aimed at raising at least Rs50 billion to support flood victims’…
PSX extends winning streak, gains over 1,000 points

PSX extends winning streak, gains over 1,000 points

KARACHI: The Pakistan Stock Exchange (PSX) extended its winning streak on Wednesday driven by investor optimism after the State Bank…
Oil prices hold steady as markets await Fed rate decision

Oil prices hold steady as markets await Fed rate decision

Oil prices held steady in early trading on Wednesday, after rising more than 1% in the previous session on drone…
FBR refutes allegation of losing Rs100bn due to Faceless Customs Assessment

FBR refutes allegation of losing Rs100bn due to Faceless Customs Assessment

ISLAMABAD: The Federal Board of Revenue (FBR) on Monday rebutted a news item in a leading newspaper alleging a revenue…
OGRA enhances price of kerosene oil by Rs3.15 per liter

OGRA enhances price of kerosene oil by Rs3.15 per liter

The Oil and Gas Regulatory Authority (ORGA) on Tuesday issued a notification for an increase in the price of kerosene…
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