Business
Trump wants EU to buy more US oil and gas or face tariffs
December 20, 2024
Trump wants EU to buy more US oil and gas or face tariffs
WASHINGTON: US President-elect Donald Trump said on Friday that the European Union may face tariffs if the bloc does not…
Drop in cotton arrivals threatens textile value chain
December 20, 2024
Drop in cotton arrivals threatens textile value chain
KARACHI: Cotton arrivals in Pakistan have continued to dwindle as the ongoing season progresses, deepening concerns for the country’s textile…
Oil falls on demand growth concerns, robust dollar
December 20, 2024
Oil falls on demand growth concerns, robust dollar
SINGAPORE: Oil prices fell on Friday on worries about demand growth in 2025, especially in top crude importer China, putting…
Bloodbath in Pakistan Stock Exchange as PSX-100 dips by over 4,900 points
December 19, 2024
Bloodbath in Pakistan Stock Exchange as PSX-100 dips by over 4,900 points
KARACHI: The Pakistan Stock Exchange (PSX) has experienced a significant downturn, with the market tumbling by over 4,900 points. The…
PIA privatisation: Government confident of better bid offers
December 19, 2024
PIA privatisation: Government confident of better bid offers
ISLAMABAD: Law Minister Azam Nazeer Tarar Thursday said the Pakistan government is confident of better bids for the Pakistan International…
ECC okays Rs 523m grant for Special Investment Facilitation Council
December 19, 2024
ECC okays Rs 523m grant for Special Investment Facilitation Council
ISLAMABAD: The Economic Coordination Committee (ECC) reviewed a summary submitted by the Ministry of Commerce regarding the sharing of subsidy…
Foreign investors ramp up profit repatriation in Pakistan
December 19, 2024
Foreign investors ramp up profit repatriation in Pakistan
KARACHI: In a notable development, foreign investors have significantly increased their profit repatriation, reflecting recent economic improvements in Pakistan. According…
Price of gold in Pakistan sees massive decrease
December 19, 2024
Price of gold in Pakistan sees massive decrease
KARACHI: After a day of slight increase, the price of gold in Pakistan saw a massive decrease on Thursday, reflecting…
Govt opposes KE’s tariff hike request, advises Nepra to slash rates instead
December 19, 2024
Govt opposes KE’s tariff hike request, advises Nepra to slash rates instead
ISLAMABAD: The government has opposed the K-Electric’s (KE) request for an increase in the multi-year tariff while advising the National…
Pakistan Consumer Confidence Index gains 0.8 points to hit three-year high
December 19, 2024
Pakistan Consumer Confidence Index gains 0.8 points to hit three-year high
ISLAMABAD: The Pakistan Consumer Confidence Index (CCI) recorded a gain of +0.8 points, reaching its highest level in three years,…