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Interest rates decline draws positive response from KP citizens

Interest rates decline draws positive response from KP citizens

KARACHI: Pakistan’s export sectors have achieved remarkable growth during fiscal year 2024, primarily driven by Special Investment Facilitation Council’s (SIFC)…
OPEC extends its oil output cuts by one month until the end of December

OPEC extends its oil output cuts by one month until the end of December

JEDDAH: Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil…
The UAE opens its annual oil-and-gas summit as industry weathers Mideast wars and awaits US election

The UAE opens its annual oil-and-gas summit as industry weathers Mideast wars and awaits US election

ABU DHABI, United Arab Emirates: The United Arab Emirates opened its annual oil-and-gas summit on Monday as it plans to…
KE consumers to pay higher electricity bills from this month

KE consumers to pay higher electricity bills from this month

KARACHI: K-Electric consumers will face an increase in their monthly electricity bills as the power utility has announced an adjustment…
Pak rice offered lowest in Indonesia’s tender

Pak rice offered lowest in Indonesia’s tender

HAMBURG: The lowest price offered in the international tender from Indonesian state purchasing agency Bulog to buy about 500,000 metric…
Tax dept misuses authority: Automatic audit selection under fire

Tax dept misuses authority: Automatic audit selection under fire

LAHORE: The tax department’s automatic selection of tax returns for audit has come under scrutiny, with critics labelling it a…
Punjab govt focusing on alternate energy sector, industrialisation: minister

Punjab govt focusing on alternate energy sector, industrialisation: minister

LAHORE: Punjab’s Minister for Industries, Commerce and Investment Ch Shafi Hussain has said that alternate energy sector and industrialisation are…
FPCCI president demands MPC cut policy rate by 500 basis points

FPCCI president demands MPC cut policy rate by 500 basis points

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that the business, industry and trade community of Pakistan is disappointed with…
PSO witnesses decrease in supply cost

PSO witnesses decrease in supply cost

ISLAMABAD: Pakistan State Oil (PSO) witnessed a decrease in the cost of supplying fuel; however, the government decided to implement…
Pakistan’s economy demonstrates resilience as trade deficit shrinks significantly

Pakistan’s economy demonstrates resilience as trade deficit shrinks significantly

ISLAMABAD: In a notable change that demonstrates the economy’s resilience, Pakistan’s trade deficit shrank significantly, falling 31.1% year-on-year in October…
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