Business

PR refund Rs 380 mln to passengers on account of undue delay

PR refund Rs 380 mln to passengers on account of undue delay

ISLAMABAD: Pakistan Railways (PR) has refunded an amount of Rs 380 million to passengers during a period of three years…
Punjab plans e-taxi service following Chinese model

Punjab plans e-taxi service following Chinese model

LAHORE: The Punjab government has announced plans to launch an electric taxi service across the province, implementing a model similar…
Petrol price could see Rs2 per litre decrease

Petrol price could see Rs2 per litre decrease

ISLAMABAD: The petrol price is expected to drop by Rs2 per litre, while high-speed diesel (HSD) is likely to rise…
Oil inches higher in thin trade, investors focus on China, US data

Oil inches higher in thin trade, investors focus on China, US data

Oil prices edged up on Monday in thin holiday trade ahead of the year-end as traders awaited more Chinese and…
Price of gold in Pakistan witnesses drop

Price of gold in Pakistan witnesses drop

After remaining stable for a day, the price of gold in Pakistan opened the week with a slight decrease, reflecting…
Around Rs70bn additional tax revenue expected following tweaks to ADR

Around Rs70bn additional tax revenue expected following tweaks to ADR

ISLAMABAD: The federal government is eyeing an additional Rs70-75 billion into the state kitty by the end of December following…
NLC begins road transport from China to UAE via Pakistan

NLC begins road transport from China to UAE via Pakistan

ISLAMABAD: The National Logistics Corporation (NLC) has launched its first-ever cargo transport service from China to the United Arab Emirates…
Gains on paper, woes on the ground — 2024 witnesses a complex journey of growth amid volatility

Gains on paper, woes on the ground — 2024 witnesses a complex journey of growth amid volatility

The year 2024 marked a transformative yet tumultuous chapter for Pakistan’s economy, characterised by a blend of breakthroughs and setbacks.…
Govt report reveals SOEs accumulated losses of Rs5.9tr since 2014

Govt report reveals SOEs accumulated losses of Rs5.9tr since 2014

ISLAMABAD: The government’s bi-annual report regarding state-owned enterprises (SOEs) has revealed that the accumulated losses of several of these entities…
Petrol price in Pakistan may go up from Jan 1, 2025

Petrol price in Pakistan may go up from Jan 1, 2025

ISLAMABAD: In what could be another blow to the inflation-stricken populace, petroleum prices in the country are expected to increase…
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