Business

India’s Adani quits $442 mn Sri Lanka power project

India’s Adani quits $442 mn Sri Lanka power project

COLOMBO: Indian conglomerate Adani Group has withdrawn from a troubled $442 million wind power project in Sri Lanka after the…
Gold prices per tola reach all-time high in Pakistan

Gold prices per tola reach all-time high in Pakistan

The gold rate in Pakistan has surged to an all-time high, with the price of 24K gold per tola reaching Rs.…
Trump says he will sign reciprocal tariffs order soon, as trade war fears mount

Trump says he will sign reciprocal tariffs order soon, as trade war fears mount

WASHINGTON: US President Donald Trump said he would impose reciprocal tariffs as soon as Wednesday evening on every country that…
Oil falls as potential Ukraine peace deal may ease supply disruptions

Oil falls as potential Ukraine peace deal may ease supply disruptions

Oil prices fell on Thursday on expectations a potential peace deal between Ukraine and Russia would mean the end of…
What are reciprocal tariffs and who might be affected?

What are reciprocal tariffs and who might be affected?

WASHINGTON: US President Donald Trump has threatened to open new fronts in his tariffs war by announcing reciprocal levies on…
IMF praised Pakistan’s economic reforms: Finance Minister

IMF praised Pakistan’s economic reforms: Finance Minister

KARACHI: Federal Finance Minister Muhammad Aurangzeb stated that the International Monetary Fund (IMF) has appreciated Pakistan’s efforts toward economic growth…
Proposed ban on Rs10m property transactions paused

Proposed ban on Rs10m property transactions paused

ISLAMABAD: The move by the Federal Board of Revenue (FBR) to slap restrictions on the transaction of property of over…
Ghee, cooking oil prices liekly to go up ahead of Ramadan

Ghee, cooking oil prices liekly to go up ahead of Ramadan

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram expressed concerns over the potential increase in…
Electricity prices slashed by Rs. 1.23 per unit

Electricity prices slashed by Rs. 1.23 per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved a reduction in electricity prices by Rs. 1.23 per unit…
Pakistan’s passenger car sales jump 52% in January

Pakistan’s passenger car sales jump 52% in January

KARACHI: Passenger car sales in Pakistan witnessed a 52% year-on-year increase in January 2025, it was  reported, citing Pakistan Automotive Manufacturers…
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