Business

IBM to pay $17m in landmark US probe over DEI policies

IBM to pay $17m in landmark US probe over DEI policies

Tech giant IBM has agreed to pay $17 million to resolve a United States government investigation into its diversity, equity,…
Public transport fares drop in Punjab following cut in diesel price

Public transport fares drop in Punjab following cut in diesel price

LAHORE: Public transport fares in Punjab have dropped by up to 25 percent after diesel prices fell by Rs135 per…
SSGC suspends gas supply to industrial sector for 24 hours

SSGC suspends gas supply to industrial sector for 24 hours

KARACHI: Sui Southern Gas Company (SSGC) has announced the suspension of gas supply to the industrial sector for 24 hours.…
Inflation surges in Pakistan as fuel prices spike amid Middle East tensions

Inflation surges in Pakistan as fuel prices spike amid Middle East tensions

Pakistan is witnessing a sharp rise in inflation as ongoing tensions in the Middle East continue to ripple through the…
Pakistan reviews fertilizer supply amid Iran conflict risks

Pakistan reviews fertilizer supply amid Iran conflict risks

Pakistan has stepped up efforts to assess its fertilizer availability and prevent potential shortages during upcoming cropping seasons, as global…
Remittances dip 5% YoY amid war concerns

Remittances dip 5% YoY amid war concerns

Pakistan’s workers’ remittances declined on a year-on-year basis in March 2026, signalling emerging external risks despite overall resilience, as analysts…
APTMA proposes $2 billion backup fund amid concerns over UAE support withdrawal

APTMA proposes $2 billion backup fund amid concerns over UAE support withdrawal

KARACHI: Chairman of the All Pakistan Textile Mills Association (APTMA), Kamran Arshad, has stated that the textile industry has proposed…
Iran considers crypto transit fees in Strait of Hormuz to bypass sanctions

Iran considers crypto transit fees in Strait of Hormuz to bypass sanctions

Iran is reportedly exploring the possibility of collecting transit fees from oil tankers passing through the strategic Strait of Hormuz…
Petroleum prices likely to drop significantly in Pakistan today

Petroleum prices likely to drop significantly in Pakistan today

ISLAMABAD: The government is expected to announce a major reduction in petroleum prices today, offering potential relief to consumers across…
Each Pakistani owes nearly Rs400,000 as debt nears Rs80tr

Each Pakistani owes nearly Rs400,000 as debt nears Rs80tr

KARACHI: Pakistan’s rising debt burden has pushed the liability per citizen to nearly Rs400,000, as the country’s total debt increased…
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