Business

ECC nods move for uniform power tariff system

ECC nods move for uniform power tariff system

The Economic Coordination Committee (ECC) has approved a proposal to move towards a single electricity tariff framework for the entire…
DP World, NLC plan $400m freight corridor with Pakistan Railways

DP World, NLC plan $400m freight corridor with Pakistan Railways

Pakistan Railways, in partnership with Dubai-based DP World and the National Logistics Corporation (NLC), is set to begin construction of…
ADB President Masato Kanda reaffirms support for Pakistan

ADB President Masato Kanda reaffirms support for Pakistan

ISLAMABAD: Asian Development Bank (ADB) President Masato Kanda has reaffirmed the Bank’s commitment to support Pakistan through every challenge and…
FBR faces Rs50bn shortfall in August tax collection

FBR faces Rs50bn shortfall in August tax collection

The Federal Board of Revenue (FBR) faced a shortfall of Rs50 billion in tax collection during the second month of…
Pakistan’s sports goods exports reach 32-month high

Pakistan’s sports goods exports reach 32-month high

The country’s exports of sports goods reached a 32-month high in July, driven by a sharp rise in footballs and…
Severe flooding in Punjab poses threat to Pakistan’s economy

Severe flooding in Punjab poses threat to Pakistan’s economy

Across the fertile plains of Punjab, families are struggling to rebuild their lives after the worst flooding in decades swept…
Diesel price slashed by Rs3 per litre, petrol’s kept unchanged

Diesel price slashed by Rs3 per litre, petrol’s kept unchanged

ISLAMABAD: The federal government on Sunday announced the new prices of diesel, and kerosene oil, keeping the petrol prices unchanged…
PSX kicks off new business week with modest gains

PSX kicks off new business week with modest gains

KARACHI: The Pakistan Stock Exchange (PSX) began the first trading day of the new business week with modest gains during…
Cabinet approves 15% raise in EOBI pensions

Cabinet approves 15% raise in EOBI pensions

In a sigh of relief for retired employees, the federal government approved a 15% increase in pensions under the Employees’…
World Bank to lend $20bn to Pakistan at concessional rate

World Bank to lend $20bn to Pakistan at concessional rate

The World Bank will provide Pakistan with a $20 billion loan at a concessional interest rate of just 2% over…
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