Business
Rs179bn on tea? Pakistan’s chai craze shows no signs of slowing
July 21, 2025
Rs179bn on tea? Pakistan’s chai craze shows no signs of slowing
Pakistanis consumed tea worth more than Rs179 billion during the fiscal year 2024-25, official documents have revealed. According to data…
Karachi Port Trust slashes charges by 50% to boost trade
July 21, 2025
Karachi Port Trust slashes charges by 50% to boost trade
The Karachi Port Trust (KPT) has announced a 50% reduction in port charges for all dry bulk export cargo to…
Wheat import scandal: AG confirms corruption, mismanagement of caretaker govt
July 21, 2025
Wheat import scandal: AG confirms corruption, mismanagement of caretaker govt
The Auditor General of Pakistan has confirmed massive mismanagement, negligence, and alleged corruption in the wheat imports conducted during the…
On-grid electricity demand weakens as solar uptake stalls FY25 power growth
July 21, 2025
On-grid electricity demand weakens as solar uptake stalls FY25 power growth
KARACHI: Power generation remained largely flat in the fiscal year 2024-25, as rising solar adoption and reduced industrial activity continued…
Two firms acquire 56% interest in Pearl Continental Hotels for over Rs12bn
July 21, 2025
Two firms acquire 56% interest in Pearl Continental Hotels for over Rs12bn
KARACHI: In a move that appears to be synchronised, two firms have acquired about 56% stake in the company that…
PSX turns negative after early surge, KSE-100 closes down by 379 points
July 21, 2025
PSX turns negative after early surge, KSE-100 closes down by 379 points
KARACHI: After a strong start, the Pakistan Stock Exchange (PSX) witnessed a downturn on the first trading day of the…
Oil prices little changed as investors eye impact of new sanctions on Russia
July 21, 2025
Oil prices little changed as investors eye impact of new sanctions on Russia
SINGAPORE: Oil prices were little changed on Monday as traders assess the impact of new European sanctions on Russian oil…
Gold steady as investors await US trade updates, central bank meetings
July 21, 2025
Gold steady as investors await US trade updates, central bank meetings
Gold prices were little changed on Monday as investors monitored developments in U.S. trade talks and awaited potential market-moving catalysts,…
Pakistan’s exports cross $32bn in FY2024-25
July 19, 2025
Pakistan’s exports cross $32bn in FY2024-25
Pakistan’s export sector recorded significant growth in the fiscal year 2024, with total exports crossing the $32 billion mark —…
Pakistan keen to expand trade ties with US: FinMin Aurangzeb
July 19, 2025
Pakistan keen to expand trade ties with US: FinMin Aurangzeb
WASHINGTON: Finance Minister Muhammad Aurangzeb has underscored Pakistan’s interest in expanding cooperation in both traditional and non-traditional sectors with United…