Business
Oil drops from highest in weeks, focus on Fed rate cuts
December 16, 2024
Oil drops from highest in weeks, focus on Fed rate cuts
SINGAPORE: Oil futures eased from their highest levels in weeks as traders took profit while waiting for a Federal Reserve…
Inflation rate drops to 6.5-year low, signaling economic stabilization
December 16, 2024
Inflation rate drops to 6.5-year low, signaling economic stabilization
KARACHI: The country’s inflation trajectory has demonstrated a remarkable downward trend, with the rate plummeting to 4.9% in November 2024,…
Govt intensifies anti-smuggling efforts to stabilize national economy
December 16, 2024
Govt intensifies anti-smuggling efforts to stabilize national economy
ISLAMABAD: Govt agencies have significantly escalated their anti-smuggling operations, implementing strategic interventions to disrupt illicit trade networks and support national…
Govt keeps petrol price unchanged for next fortnight
December 16, 2024
Govt keeps petrol price unchanged for next fortnight
ISLAMABAD: The federal government on Sunday notified that the prices of petrol will remain unchanged for the next fortnight starting…
Bitcoin surges above $106,000 on strategic reserve hopes
December 16, 2024
Bitcoin surges above $106,000 on strategic reserve hopes
NEW YORK: Bitcoin surged to a record high above $106,000 on Monday after President-elect Donald Trump suggested he plans to…
Chinese businessmen desire to invest 1bn dollars to establish medical city in Pakistan
December 14, 2024
Chinese businessmen desire to invest 1bn dollars to establish medical city in Pakistan
ISLAMABAD: A Chinese business delegation expressed interest to invest one billion dollar to establish a medical city in Pakistan to…
New oil and gas reserves discovered in Lakki Marwat
December 14, 2024
New oil and gas reserves discovered in Lakki Marwat
LAKKI MARWAT: The Oil and Gas Development Company Limited (OGDCL) has announced the discovery of new oil and gas reserves…
Direct flights: Pakistan signs MoU with US Federal Aviation Administration
December 14, 2024
Direct flights: Pakistan signs MoU with US Federal Aviation Administration
KARACHI: Pakistan has signed a Memorandum of Understanding (MoU) with the United States Federal Aviation Administration (FAA) to address pending…
WB approves 240mn dollars to support water, sanitation services
December 14, 2024
WB approves 240mn dollars to support water, sanitation services
ISLAMABAD: The World Bank (WB) has approved $240 million in financing for the Second Karachi Water and Sewerage Services Improvement…
Pakistan revives maritime shipbuilding capabilities
December 14, 2024
Pakistan revives maritime shipbuilding capabilities
LAHORE: The Special Investment Facilitation Council (SIFC) has successfully facilitated the revival of a comprehensive shipbuilding project. The $24.75 million…