Business

Delay in cane crushing by sugar mills gives farmers sleepless nights

Delay in cane crushing by sugar mills gives farmers sleepless nights

Farmers in Rahim Yar Khan are worried because despite the fact that sugarcane crop is ready but sugar mills have…
PSX recovers with 838-point gain amid positive market sentiment

PSX recovers with 838-point gain amid positive market sentiment

KARACHI: The Pakistan Stock Exchange (PSX) rebounded to show a 0.52 percent gain on Wednesday amid modest buying activity. During…
Electricity prices likely to drop in Pakistan

Electricity prices likely to drop in Pakistan

ISLAMABAD: Electricity prices are likely to drop on account of monthly fuel cost adjustment in a relief to consumers in…
Pakistan launches first bunkering operations at Karachi Port

Pakistan launches first bunkering operations at Karachi Port

ISLAMABAD: Pakistan has launched its first-ever standardised bunkering operations at the Karachi Port, aligning the country’s largest harbor with global…
‘Traders cost $200 daily as Afghan-bound goods stranded at Pakistani ports’

‘Traders cost $200 daily as Afghan-bound goods stranded at Pakistani ports’

KARACHI: Thousands of import shipments bound for landlocked Afghanistan are stranded at Pakistani seaports or border crossings, a business association…
Oil prices fall as rising US inventories reinforce oversupply concerns

Oil prices fall as rising US inventories reinforce oversupply concerns

BEIJING: Oil prices fell on Wednesday as an industry report showing crude and fuel inventories rose last week in the…
Gold prices surge again in Pakistan after days of decline

Gold prices surge again in Pakistan after days of decline

KARACHI: After several consecutive days of decline, gold prices in Pakistan surged sharply on Wednesday, marking a significant upward reversal…
US biggest recipient of Chinese loans: Study

US biggest recipient of Chinese loans: Study

HONG KONG: The United States is the biggest recipient of China’s lending activities globally, according to a study which tracked…
Pakistan delays issuance of $250 million Panda Bond

Pakistan delays issuance of $250 million Panda Bond

ISLAMABAD: The government has postponed its planned issuance of $250 million worth of Panda Bonds in December, pushing the launch…
SBP new policy restricts cash dollar transactions

SBP new policy restricts cash dollar transactions

The State Bank of Pakistan has introduced strict guidelines for cash dollar transactions, wherein banks and exchange companies shall deposit…
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