Business

Oil little changed as falling US stockpiles outweigh soft demand outlook

Oil little changed as falling US stockpiles outweigh soft demand outlook

SINGAPORE: Oil prices were little changed on Wednesday, after falling the previous day, as a dip in U.S. crude stockpiles…
Dollar rally pauses ahead of US inflation test

Dollar rally pauses ahead of US inflation test

SINGAPORE: The dollar’s towering rally hit a speed bump on Wednesday as traders turned cautious ahead of a closely watched…
Govt likely to increase petrol prices for next fortnight

Govt likely to increase petrol prices for next fortnight

ISLAMABAD: The federal government is likely to jack up the petroleum prices for second fortnight of January 2025. Sources said…
Govt sets target to achieve $25bn in IT exports in five years

Govt sets target to achieve $25bn in IT exports in five years

ISLAMABAD: The government was looking to achieve $25billion in the IT exports within the next five years. According to details,…
Electricity rates likely to drop by March: S.M Tanveer

Electricity rates likely to drop by March: S.M Tanveer

LAHORE: United Business Group Partron-in Chief S.M Tanveer has emphasised the need to prioritise agriculture and said there is a…
Textile industry urges swift policy measures to avert crisis

Textile industry urges swift policy measures to avert crisis

KARACHI: The Pakistan Textile Council (PTC) has urged Minister for Finance and Revenue Muhammad Aurangzeb for a swift policy intervention…
Islamabad airport to be outsourced to Turkish consortium for 15 years

Islamabad airport to be outsourced to Turkish consortium for 15 years

The Pakistan Airports Authority has approved handing over the management control of Islamabad International Airport to a Turkish consortium for…
NEPRA reveals overbilling of billions by DISCOs to power consumers

NEPRA reveals overbilling of billions by DISCOs to power consumers

ISLAMABAD: A recent report by the National Electric Power Regulatory Authority (NEPRA) has revealed that electricity consumers have been burdened…
CDNS achieves Rs720 billion savings target by first half of FY2024-25

CDNS achieves Rs720 billion savings target by first half of FY2024-25

The Central Directorate of National Savings (CDNS) has achieved a target of Rs 720 billion in fresh bonds and achieved…
SBP vows to expand financial inclusion via global, domestic collaborations

SBP vows to expand financial inclusion via global, domestic collaborations

KARACHI (APP) – Governor, State Bank of Pakistan (SBP), Jameel Ahmad reaffirmed the central bank’s dedication to increasing financial inclusion…
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