Business

Gold continues to shine as per tola price up by Rs2,900

Gold continues to shine as per tola price up by Rs2,900

ISLAMABAD: The price of 24 karat per tola gold increased by Rs2,900 and was sold at Rs287,900 on Wednesday compared…
Power sector reforms underway as several IPPs contracts terminated

Power sector reforms underway as several IPPs contracts terminated

ISLAMABAD: The federal government has initiated a series of comprehensive reforms in the power sector under the guidance of the…
Only one bidder remains as PIA privatisation nears auction deadline

Only one bidder remains as PIA privatisation nears auction deadline

ISLAMABAD: Only one consortium has submitted prequalification documents for the privatisation of Pakistan International Airlines (PIA) despite the bidding deadline…
PSO teeters on the edge of default as circular debt reaches whooping Rs782bn

PSO teeters on the edge of default as circular debt reaches whooping Rs782bn

ISLAMABAD: The Pakistan State Oil (PSO) on Wednesday reported to have accrued as much as Rs782 billion in cumulative circular…
Suzuki Every – A reliable partner for Pakistan’s small business owners

Suzuki Every – A reliable partner for Pakistan’s small business owners

LAHORE: For small businesses, having the right vehicle can be the difference between growth and stagnation. Recognizing this, Suzuki has…
Oil hovers at one-month low with supply drivers back in focus

Oil hovers at one-month low with supply drivers back in focus

NEW YORK: Oil prices held at one-month lows, after sliding in the previous two sessions, as markets weighed a potential…
Pakistan secures $2.3b in external aid in last quarter

Pakistan secures $2.3b in external aid in last quarter

ISLAMABAD: Pakistan has received $2.3 billion in external funding during the last three months, aiming to stabilize its economy amid…
PSX-100 index reaches 91,000 points milestone amid six-day rally

PSX-100 index reaches 91,000 points milestone amid six-day rally

KARACHI: The Pakistan Stock Exchange (PSX) continued its remarkable upward trend for the sixth consecutive day, with the benchmark 100…
Govt forms task force to digitize FBR

Govt forms task force to digitize FBR

ISLAMABAD: The government has formed a 10-member task force to digitize the Federal Board of Revenue (FBR) with the support…
Financial, technology leaders attend Saudi investment conference

Financial, technology leaders attend Saudi investment conference

RIYADH/LONDON: Prominent leaders from the business, technology and financial world turned out to address a key investment conference in Saudi…
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