Business

Electricity prices set to increase for Karachi consumers

Electricity prices set to increase for Karachi consumers

KARACHI: Consumers in Karachi may soon face higher electricity bills as the K-Electric has submitted a request for a fuel…
Gold prices dip by Rs1,100 to Rs274,400 per tola

Gold prices dip by Rs1,100 to Rs274,400 per tola

ISLAMABAD: The per tola price of 24 karat gold decreased by Rs1,100 and was sold at Rs274,400 on Thursday compared…
Oil rises on prospects of wider Middle East war, firmer global supply caps gains

Oil rises on prospects of wider Middle East war, firmer global supply caps gains

SINGAPORE: Oil prices rose on Thursday as the prospect of a widening Middle East conflict that could disrupt crude oil…
Stocks surge over 900 points on renewed economic optimism in day trade

Stocks surge over 900 points on renewed economic optimism in day trade

A day after a flat close, stocks surged over 900 points in Thursday’s intraday trade, testing the 83,000-point barrier as…
Pakistan ‘decides’ against taking loan from commercial bank at 11% interest rate

Pakistan ‘decides’ against taking loan from commercial bank at 11% interest rate

ISLAMABAD: Pakistan has ‘decided’ against taking loans from commercial bank at higher interest rate, it was reported on Wednesday, citing…
Safe-haven dollar firms as war widens in Middle East

Safe-haven dollar firms as war widens in Middle East

SYDNEY: The dollar held onto its sharpest gains in a week on Wednesday after an Iranian missile attack on Israel…
Stocks falter after a brief upward spiral

Stocks falter after a brief upward spiral

KARACHI: A temporary thaw on political landscape coupled with economic stability achieved after the International Monetary Funds’ (IMF) first tranche…
‘Pakistan Economy Dashboard’ launched to promote transparency

‘Pakistan Economy Dashboard’ launched to promote transparency

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb said on Wednesday that the Pakistan Economy Dashboard (PED) would…
Oil prices jump in the aftermath of Iran’s strike

Oil prices jump in the aftermath of Iran’s strike

SINGAPORE: Oil prices surged after Iran fired ballistic missiles against Israel sparking fears of a wider conflict in the Middle…
Pakistan’s exports rise by 14.1%; trade deficit widens

Pakistan’s exports rise by 14.1%; trade deficit widens

ISLAMABAD: Pakistan’s exports have shown a massive increase in the first quarter of the financial year 2024, with exports rising…
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