Business
Cement sales slightly increase in Pakistan in Nov 2024
December 4, 2024
Cement sales slightly increase in Pakistan in Nov 2024
KARACHI: Cement sales in Pakistan saw a slight rise in the month of November 2024, it was reported. The cement…
KE restores Railways’ electricity following power cut due to unpaid dues
December 4, 2024
KE restores Railways’ electricity following power cut due to unpaid dues
KARACHI: Karachi’s sole electricity provider K-Electric (KE) has restored power supply to the Pakistan Railways hours after cutting the power…
PSX hits another record high amid policy rate cut hopes
December 4, 2024
PSX hits another record high amid policy rate cut hopes
KARACHI: The Pakistan Stock Exchange (PSX) continued its record run on Wednesday as it crossed 105,000 milestone amid hopes of…
Pakistan largest recipient of loan from China, IMF: World Bank report
December 4, 2024
Pakistan largest recipient of loan from China, IMF: World Bank report
ISLAMABAD: A World Bank report mentioned that Pakistan is the largest recipient of loan from China and International Monetary Fund…
Gold prices remain unchanged at Rs275,200 per tola
December 4, 2024
Gold prices remain unchanged at Rs275,200 per tola
ISLAMABAD: The price of 24 karat per tola gold remained unchanged at Rs275,200 on Wednesday, All Sindh Sarafa Jewellers Association…
Pakistan defers LNG contract with Qatar for a year, petroleum minister says
December 4, 2024
Pakistan defers LNG contract with Qatar for a year, petroleum minister says
ISLAMABAD: Pakistan has deferred its liquefied natural gas (LNG) contract with Qatar for a year, Petroleum Minister Musadik Malik said…
Finmin for continuation of IMF-guided economic reforms
December 4, 2024
Finmin for continuation of IMF-guided economic reforms
ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb on Wednesday vowed to continue ‘economic reforms’ in line with the directives of the…
PSX crosses 104,500 as cooling inflation fires up rate cut optimism
December 3, 2024
PSX crosses 104,500 as cooling inflation fires up rate cut optimism
KARACHI: Stocks sustained their explosive upward momentum on Tuesday, building on Monday’s record gains as economic optimism and cooling inflation…
US dollar continues to depreciate against PKR in interbank trade
December 3, 2024
US dollar continues to depreciate against PKR in interbank trade
KARACHI: According to currency dealers, on the second day of the business week, the US currency depreciated by seven paisas…
Fuel oil smuggling network rakes in $1bn for Iran and proxies
December 3, 2024
Fuel oil smuggling network rakes in $1bn for Iran and proxies
QUETTA: A sophisticated fuel oil smuggling network that some experts believe generates at least $1 billion a year for Iran…