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National fiscal pact: IMF asks provinces for timeline on HEC, BISP funding contribution

National fiscal pact: IMF asks provinces for timeline on HEC, BISP funding contribution

ISLAMABAD: Amid concerns raised over failure of the federating units, especially Punjab, to generate the desired revenue surplus, the International…
Motorcycle maker beats profit view on higher sales

Motorcycle maker beats profit view on higher sales

MUMBAI: India’s top motorcycle maker, Hero MotoCorp, beat analysts’ estimates for second-quarter profit on Thursday, driven by higher sales of…
Pakistan’s foreign reserves cross $11 billion

Pakistan’s foreign reserves cross $11 billion

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves saw an increase of $84 million, reaching $11.26 billion during…
PSX settles above record high of 94,100 as mini-budget fears ease

PSX settles above record high of 94,100 as mini-budget fears ease

KARACHI: Stocks on Thursday hit a new lifetime high above the 94,100-point mark amid strong expectations of a soft landing…
Shafay urges investors of UAE, Europe to invest in Punjab

Shafay urges investors of UAE, Europe to invest in Punjab

LAHORE: Minister for Industries and Commerce Ch Shafay Hussain has urged the investors of UAE and Europe to invest in…
No plan to further burden public with tax: Mujtaba

No plan to further burden public with tax: Mujtaba

LAHORE: Punjab Finance Minister Mujtaba Shuja-ur-Rehman has said the government does not want to burden the masses with undue tax.…
Nepra issues show-cause notice to KE for net-metering violation

Nepra issues show-cause notice to KE for net-metering violation

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has issued a show-cause notice to K-Electric (KE) for repeatedly failing to…
Oil prices ease on stronger greenback, fears of higher output

Oil prices ease on stronger greenback, fears of higher output

SINGAPORE: Oil prices slipped in early trade on Thursday, reversing most of the previous session’s gains on a stronger dollar…
Govt to introduce major reforms to tackle power sector’s woes: minister

Govt to introduce major reforms to tackle power sector’s woes: minister

ISLAMABAD: Power Minister Awais Ahmad Khan Leghari has said that in order to address the power sector’s long-standing energy woes, the…
Anti-power theft drive recovers over Rs132 bln since September

Anti-power theft drive recovers over Rs132 bln since September

ISLAMABAD: Pakistan’s nationwide anti-power theft campaign has recovered more than Rs 132 billion since its launch in September 2023, marking…
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