Business
Govt set to raise IFEM by Rs2.5 per litre for POL products
December 12, 2024
Govt set to raise IFEM by Rs2.5 per litre for POL products
ISLAMABAD: The Executive Committee of the Special Investment Facilitation Council (SIFC) on Wednesday directed the Petroleum Division to devise a…
Tanveer directs CDA to install EV-charging stations at all petrol pumps
December 12, 2024
Tanveer directs CDA to install EV-charging stations at all petrol pumps
ISLAMABAD: Minister for Industries and Production Rana Tanveer Hussain on Thursday directed the Capital Development Authority (CDA) to install electric…
Gold prices move up by Rs2,300 per tola
December 12, 2024
Gold prices move up by Rs2,300 per tola
ISLAMABAD: The price of 24 karat per tola gold increased further by Rs2,300 and was sold at Rs282,800 on Thursday…
Oil little changed as demand weakness offsets sanctions-driven supply risks
December 12, 2024
Oil little changed as demand weakness offsets sanctions-driven supply risks
DUBAI: Oil prices were little changed in Asian trade on Thursday as forecasts of weak demand and a higher-than-expected rise…
World Bank to approve $240m for Karachi’s water, sanitation services
December 12, 2024
World Bank to approve $240m for Karachi’s water, sanitation services
KARACHI: The World Bank’s Board of Executive Directors is poised to approve the Second Karachi Water and Sewerage Services Improvement…
FBR directs banks to remain open on Saturdays for duty, tax collection
December 12, 2024
FBR directs banks to remain open on Saturdays for duty, tax collection
ISLAMABAD: The Federal Board of Revenue (FBR) has instructed Chief Collectors of Customs to coordinate with the State Bank of…
Pakistan to set up ‘Gem and Jewelry City’ in Islamabad to highlight precious stones sector
December 12, 2024
Pakistan to set up ‘Gem and Jewelry City’ in Islamabad to highlight precious stones sector
ISLAMABAD: Pakistan’s government has decided to establish a specialized “Gem and Jewelry City” in the capital, state-run media reported on…
Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say
December 12, 2024
Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say
NEW DELHI/MOSCOW (Reuters) – Russia’s state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of…
IPPs cause Rs596bn loss to national kitty
December 11, 2024
IPPs cause Rs596bn loss to national kitty
ISLAMABAD: Continuing on the trajectory of causing staggering losses to the national kitty for years, the Independent Power Producers (IPPs)…
Vehicle registrations of tax defaulters to be cancelled!
December 11, 2024
Vehicle registrations of tax defaulters to be cancelled!
KARACHI: The Excise and Taxation Department has announced strict measures against vehicle owners who have defaulted on token tax payments.…