Business

Rs. 46 billion in IPP revenues remains undisclosed, Senators warn

Rs. 46 billion in IPP revenues remains undisclosed, Senators warn

The Senate Standing Committee on Economic Affairs exposed serious concerns regarding payments, settlements, and debt obligations to Independent Power Producers…
India sees Venezuelan oil ‘opportunity’ as Rodriguez meets Modi

India sees Venezuelan oil ‘opportunity’ as Rodriguez meets Modi

India’s Prime Minister Narendra Modi hosted Venezuela’s interim President Delcy Rodriguez on Thursday for talks to bolster trade between the…
Barrick Gold says Reko Diq project remains on track

Barrick Gold says Reko Diq project remains on track

While quashing rumors of backing out of a multibillion-dollar gold and copper project in Balochistan, Canadian firm Barrick Gold has…
Deadlock ended: Govt, PPP agree to present federal budget on June 10

Deadlock ended: Govt, PPP agree to present federal budget on June 10

A deadlock over the federal budget has been resolved after successful negotiations between the government and its coalition partner, the…
Pakistan seeks Saudi investment in ports, shipping and logistics sectors

Pakistan seeks Saudi investment in ports, shipping and logistics sectors

KARACHI: Pakistan pitched investment opportunities in its ports, shipping and logistics sectors to Saudi business leaders, as it seeks to…
World Bank, several countries show interest in Punjab’s ‘Apni Chhat Apna Ghar’ programme

World Bank, several countries show interest in Punjab’s ‘Apni Chhat Apna Ghar’ programme

LAHORE: Government departments and institutions from Canada, Saudi Arabia and Türkiye, along with a World Bank mission, have expressed interest…
Govt clears strategic route connecting China to Pakistani ports

Govt clears strategic route connecting China to Pakistani ports

Pakistan has approved a major motorway project connecting Mansehra, Kaghan and Chilas in a move aimed at improving transport links,…
Hot weather hurts Asian crops as powerful El Nino takes shape

Hot weather hurts Asian crops as powerful El Nino takes shape

Dry weather is disrupting crop planting across Asia, raising concerns about food supplies in the world’s most populous region, and…
Pakistan’s trade deficit hits record $34.75 billion in 11 months

Pakistan’s trade deficit hits record $34.75 billion in 11 months

ISLAMABAD: Pakistan’s trade deficit reached a record high of $34.75 billion during the first 11 months of the current fiscal…
Oil falls on hopes of broader peace after Lebanon, Israel halt fighting

Oil falls on hopes of broader peace after Lebanon, Israel halt fighting

Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to…
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