Business
South Korea to minimise impact of 50pc tariff on steel products, ministry says
June 2, 2025
South Korea to minimise impact of 50pc tariff on steel products, ministry says
SEOUL: South Korea’s Industry Ministry said on Monday it will respond to the looming 50% U.S. tariff on steel products…
IMF questions Pakistan’s decision to allocate electricity for Bitcoin mining, AI projects
May 31, 2025
IMF questions Pakistan’s decision to allocate electricity for Bitcoin mining, AI projects
ISLAMABAD: The International Monetary Fund (IMF) has expressed concern over the government’s decision to supply electricity to Bitcoin mining and…
Pakistan Railways earns record Rs83 billion in 11 months
May 31, 2025
Pakistan Railways earns record Rs83 billion in 11 months
LAHORE: Pakistan Railways has achieved a historic milestone by generating an unprecedented revenue of Rs83 billion during the first eleven…
No ban on cryptocurrencies, clarifies SBP
May 31, 2025
No ban on cryptocurrencies, clarifies SBP
The State Bank of Pakistan (SBP) clarified that it has never declared virtual assets (VAs), including cryptocurrencies as illegal. In…
Govt estimates inflation to rise to 7.5% in FY26
May 31, 2025
Govt estimates inflation to rise to 7.5% in FY26
The government has projected a resurgence in inflationary trends, forecasting an average CPI-based inflation rate of up to 7.5% for…
PCC to meet June 2 on crypto regulations
May 31, 2025
PCC to meet June 2 on crypto regulations
ISLAMABAD: The Pakistan Crypto Council (PCC) is set to hold a key meeting on June 2 to deliberate on the…
Trump says he plans to double steel, aluminum tariffs to 50pc
May 31, 2025
Trump says he plans to double steel, aluminum tariffs to 50pc
WEST MIFFLIN: U.S. President Donald Trump said on Friday he planned to increase tariffs on imported steel and aluminum to…
India reports ₹360.14bn bank frauds in FY25, shows 194% surge: report
May 31, 2025
India reports ₹360.14bn bank frauds in FY25, shows 194% surge: report
MUMBAI: Bank frauds in India reached a record ₹360.14 billion during the financial year 2024–25, marking a sharp 194% increase…
Weekly inflation down 0.81% as prices of essential items remain mostly stable
May 31, 2025
Weekly inflation down 0.81% as prices of essential items remain mostly stable
ISLAMABAD: Weekly inflation, measured by the Sensitive Price Indicator (SPI), decreased by 0.81% for the combined consumption groups during the…
Gold rates witness decline in Pakistan
May 31, 2025
Gold rates witness decline in Pakistan
KARACHI: Gold rates in Pakistan saw a decline on May 31, 2025, with the per tola price dropping by PKR…