Business
Sindh launches austerity drive to increase budget allocations for uplift projects
May 15, 2025
Sindh launches austerity drive to increase budget allocations for uplift projects
KARACHI: Sindh Chief Minister Syed Murad Ali Shah has started budget meetings to finalise development proposals and their allocations in…
Oil dives on US-Iran hopes as stocks surge stalls
May 15, 2025
Oil dives on US-Iran hopes as stocks surge stalls
LONDON: Oil tumbled nearly 4% as a potential US-Iran nuclear deal raised the prospect of increased global crude supply on…
Dollar wavers on uncertainty over trade deals
May 15, 2025
Dollar wavers on uncertainty over trade deals
TOKYO: The dollar wobbled on Thursday in a turbulent week that saw investor relief at the U.S.-China tariff truce give…
Gold prices in Pakistan fall sharply for second day
May 15, 2025
Gold prices in Pakistan fall sharply for second day
The price of gold in Pakistan and globally witnessed a massive decline for the second consecutive day. According to the…
Pakistan, Russia in talks to set up joint steel mill in Karachi
May 14, 2025
Pakistan, Russia in talks to set up joint steel mill in Karachi
Pakistan and Russia are set to collaborate on the establishment of a new state-of-the-art steel mill in Karachi marking a…
Govt moves to curb smuggling, illegal trade of petroleum products
May 14, 2025
Govt moves to curb smuggling, illegal trade of petroleum products
The federal government decided on Wednesday to introduce legislation to curb the smuggling and illegal trade of petroleum products. A…
Govt plans next budget at Rs290 per dollar amid ongoing IMF talks
May 14, 2025
Govt plans next budget at Rs290 per dollar amid ongoing IMF talks
ISLAMABAD: The federal government has estimated the upcoming fiscal year’s budgets at an exchange rate of Rs290 per dollar, down…
PSX maintains momentum amid talks with IMF
May 14, 2025
PSX maintains momentum amid talks with IMF
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday witnessed ups and downs and eventually closed in the negative zone. At…
China, US slash sweeping tariffs in trade war climbdown
May 14, 2025
China, US slash sweeping tariffs in trade war climbdown
BEIJING: The United States and China slashed sweeping tariffs on each others’ goods for 90 days on Wednesday, after a…
Bangladesh to receive $1.3 billion from IMF as reform deal reached
May 14, 2025
Bangladesh to receive $1.3 billion from IMF as reform deal reached
DHAKA: The International Monetary Fund (IMF) is set to release $1.3 billion to Bangladesh in June, after completing a fourth…