Business
PIA sell-off halts as lone bidder offers paltry Rs10bn for stake
November 1, 2024
PIA sell-off halts as lone bidder offers paltry Rs10bn for stake
KARACHI: The final bidding process for the privatisation of Pakistan International Airlines (PIA) opened on Thursday, with just one participant…
PIA gets only Rs10bn offer from lone bidder despite Rs85bn expected price
October 31, 2024
PIA gets only Rs10bn offer from lone bidder despite Rs85bn expected price
ISLAMABAD: Pakistan International Airline (PIA) has attracted Rs10 billion from the sole bidder for a stake in the national carrier…
PSX plunges 1.46% on massive profit-booking ahead of SBP policy rate decision
October 31, 2024
PSX plunges 1.46% on massive profit-booking ahead of SBP policy rate decision
KARACHI: Stocks on Thursday went into a tailspin for the second day in a row, plunging below 89,000 points as…
CNG stations across Pakistan closed for two months
October 31, 2024
CNG stations across Pakistan closed for two months
KARACHI/ISLAMABAD/LAHORE: The government has decided to close all Compressed Natural Gas (CNG) stations across the country for December and January…
Final day for income tax returns: Over five million filed tax
October 31, 2024
Final day for income tax returns: Over five million filed tax
ISLAMABAD: As the deadline approaches, today marks the last day for filing income tax returns for the year 2024. According…
Gold prices per tola witness sharp drop in Pakistan
October 31, 2024
Gold prices per tola witness sharp drop in Pakistan
KARACHI: Gold prices in Pakistan have seen a significant decline as market fluctuations continue to impact the precious metals sector.…
International Agriculture Conference concludes in Karachi
October 31, 2024
International Agriculture Conference concludes in Karachi
KARACHI: The International Conference on Sustainable Agriculture 2024 concluded today in Karachi. The event, organized by Pakistan Media Development Foundation,…
EU probes shopping app Temu over illegal products
October 31, 2024
EU probes shopping app Temu over illegal products
BRUSSLES: The EU launched a formal investigation Thursday into Chinese-founded e-commerce platform Temu on suspicion the site is doing too…
Wafi Energy becomes majority shareholder of Shell Pakistan Limited
October 31, 2024
Wafi Energy becomes majority shareholder of Shell Pakistan Limited
ISLAMABAD: Wafi Energy Holding Limited (Wafi Energy) becomes the majority shareholder of Shell Pakistan Limited (SPL) after The Shell Petroleum…
Inflation gauge closely watched by the Fed falls to lowest level since early 2021
October 31, 2024
Inflation gauge closely watched by the Fed falls to lowest level since early 2021
WASHINGTON: As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said Thursday…