Business

Top 10% of earners take 42% of Pakistan’s income: report

Top 10% of earners take 42% of Pakistan’s income: report

Inequality in Pakistan remains pronounced, with the top 10% of earners taking 42% of total income, while the bottom 50%…
Oil moves lower on Ukraine talks, weak China data

Oil moves lower on Ukraine talks, weak China data

BEIJING: Oil prices fell in early trading on Tuesday, adding to the previous session’s losses, as prospects for a Russia-Ukraine…
PSX hovers above 171,000 as policy rate fuels investor confidence

PSX hovers above 171,000 as policy rate fuels investor confidence

KARACHI: Pakistan Stock Exchange (PSX) on Tuesday maintained it bullish momentum as a dip in policy rate and petroleum has…
Gold prices drop by Rs4,000 per tola

Gold prices drop by Rs4,000 per tola

KARACHI: Gold prices significantly dropped in both local and international market on Tuesday. The price of per tola 24-karat gold…
Govt announces new petrol, diesel prices in Pakistan

Govt announces new petrol, diesel prices in Pakistan

The Pakistani government has announced revised prices of petroleum products for the next fortnight, providing partial relief to consumers. According…
IRSA releases 76,600 cusecs water

IRSA releases 76,600 cusecs water

ISLAMABAD: Indus River System Authority (IRSA) on Tuesday released 76,600 cusecs of water from various rim stations with inflow of…
Pakistan shifting away from aid to trade with GCC countries: FinMin

Pakistan shifting away from aid to trade with GCC countries: FinMin

Finance Minister Muhammad Aurangzeb has that said Pakistan is shifting away from aid-based support towards trade and investment-led engagement, with…
SBP slashes policy rate by 50 bps to 10.5pc

SBP slashes policy rate by 50 bps to 10.5pc

KARACHI: The State Bank of Pakistan (SBP) on Monday announced a cut of 50 basis points in the policy interest…
China urges Gulf nations to seal free trade agreement

China urges Gulf nations to seal free trade agreement

China’s foreign minister has pressed the Gulf Cooperation Council to conclude long-running talks on a free trade agreement with China,…
Punjab CM launches technology-led shrimp farming industry

Punjab CM launches technology-led shrimp farming industry

Punjab Chief Minister Maryam Nawaz has announced launch of technology-led shrimp farming industry under blue economy vision in the province.…
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