Business
PR earns Rs46b revenue in six months, report says
January 1, 2025
PR earns Rs46b revenue in six months, report says
LAHORE: Pakistan Railways has issued a report on its earning in six months of 2024. According to the report, Pakistan…
Oil prices post 3% annual decline, slipping for second year in a row
January 1, 2025
Oil prices post 3% annual decline, slipping for second year in a row
HOUSTON: Oil prices fell around 3% in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled,…
Russian gas exports to Europe via Ukraine halted as transit deal expires
January 1, 2025
Russian gas exports to Europe via Ukraine halted as transit deal expires
MOSCOW/KYIV: Russian natural gas exports via Soviet-era pipelines running through Ukraine to Europe were halted in the early hours of…
Petrol price increased by Re0.56 per litre for next fortnight
January 1, 2025
Petrol price increased by Re0.56 per litre for next fortnight
ISLAMABAD: The federal government has increased the price of petrol by Re0.56 per litre on New Year’s Eve, for the…
Price of gold in Pakistan witnesses rise
January 1, 2025
Price of gold in Pakistan witnesses rise
After remaining unchanged for a day, the price of gold in Pakistan saw a rise on Wednesday, reflecting global market…
Kuwait Petroleum Company denies leaving Pakistan
January 1, 2025
Kuwait Petroleum Company denies leaving Pakistan
ISLAMABAD: Kuwait Foreign Petroleum Exploration Company (KUFPEC) has denied reports of exiting Pakistan’s oil and gas sector, vowing to expand…
Pakistan signs $200m loan agreement with ADB for uplifting power sector
December 31, 2024
Pakistan signs $200m loan agreement with ADB for uplifting power sector
The Pakistani government signed on Tuesday the $200million loan agreement with the Asian Development Bank (ADB) in a bid to…
Chashma nuclear power plant to create 40,000 jobs: Chinese envoy
December 31, 2024
Chashma nuclear power plant to create 40,000 jobs: Chinese envoy
ISLAMABAD: Chinese Ambassador to Pakistan Jiang Zaidong said that the Chashma Nuclear Power Plant Unit-5 can create 40,000 jobs directly…
PSX ends 2024 with record 84% returns despite volatility
December 31, 2024
PSX ends 2024 with record 84% returns despite volatility
KARACHI: On the final trading day of 2024, Pakistan’s stock market displayed a mixed trend, closing in the negative zone…
Tax shortfall: Govt faces likely deficit of up to Rs90bn in December
December 31, 2024
Tax shortfall: Govt faces likely deficit of up to Rs90bn in December
ISLAMABAD: Amid measures aimed at boosting revenue generation and expanding the tax net, the federal government’s tax target for December…