Business

Russia seeks to double $1.8bn trade with Pakistan

Russia seeks to double $1.8bn trade with Pakistan

Russia seeks to double the volume of its bilateral trade with Pakistan, Russian Consul-General Andrey V. Federov said, amid a…
Pakistan’s crypto mining plan hits roadblock as IMF pushes back

Pakistan’s crypto mining plan hits roadblock as IMF pushes back

ISLAMABAD: The federal government has failed to get approval from the International Monetary Fund (IMF) for a plan to provide…
Railway fares up by 2pc after hike in diesel prices

Railway fares up by 2pc after hike in diesel prices

ISLAMABAD: With a surge in prices of petroleum products, Pakistan Railways hiked fares for passenger, express, and mail trains. According…
Petroleum products witness 7% hike in sales in financial year 2024-25

Petroleum products witness 7% hike in sales in financial year 2024-25

KARACHI: Reflecting growth in the petroleum sector, Pakistan witnessed a 7.0% year-on-year (YoY) growth in petroleum product sales during FY25,…
Govt reduces profit rates on National Savings Schemes

Govt reduces profit rates on National Savings Schemes

KARACHI: The government has slashed profit rates on most National Savings Schemes by 15 to 59 basis points, effective June…
As trade war truce with China holds, US lifts curbs for chip design software and ethane

As trade war truce with China holds, US lifts curbs for chip design software and ethane

NEW YORK: The United States has lifted restrictions on exports to China for chip design software developers and ethane producers,…
Oil falls on signs of weak US demand ahead of key jobs report

Oil falls on signs of weak US demand ahead of key jobs report

Oil prices eased on Thursday, reversing gains from the previous session, on concerns over weak U.S. demand after government data…
Bulls on rampage as PSX storms past 131,000 in record surge

Bulls on rampage as PSX storms past 131,000 in record surge

KARACHI: The Pakistan Stock Exchange (PSX) maintained its record-breaking rally on Thursday amid aggressive buying and wave of new fiscal…
No ‘institutional complacency’ to be tolerated in achieving revenue targets: PM

No ‘institutional complacency’ to be tolerated in achieving revenue targets: PM

Prime Minister Shehbaz Sharif has warned that no institutional complacency will be tolerated in meeting the revenue and economic targets…
Nepra approves Rs1.14 per unit reduction in electricity base tariff

Nepra approves Rs1.14 per unit reduction in electricity base tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved Rs1.14 per unit reduce in the average base electricity tariff.…
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