Business

Sindh govt and traders fail to reach consensus on market timings

Sindh govt and traders fail to reach consensus on market timings

The Sindh government and traders could not reach a final agreement on early market closure timings, as disagreement persisted, it…
IMF Pressures Pakistan to fix fuel prices

IMF Pressures Pakistan to fix fuel prices

The International Monetary Fund has urged Pakistan to remove distortions in petroleum prices as soon as possible. The demand comes…
Pakistan to repay $4.8bn external debt amid pressure

Pakistan to repay $4.8bn external debt amid pressure

Pakistan has outlined plans to meet nearly $4.8 billion in external repayment obligations by June, as pressure builds from upcoming…
Iran warns global shipping lanes at risk if US, Israel escalate attacks

Iran warns global shipping lanes at risk if US, Israel escalate attacks

A senior adviser to Iran’s supreme leader has issued a stark warning that key international shipping lanes beyond the Strait…
Gwadar regains global attraction as 14629-tonne cargo vessel docks at port

Gwadar regains global attraction as 14629-tonne cargo vessel docks at port

The Gwadar Port is witnessing a steady rise in commercial activity as confidence among global shipping companies begins to return,…
Pakistan likely to secure additional $4 billion oil facility from Saudi Arabia

Pakistan likely to secure additional $4 billion oil facility from Saudi Arabia

Pakistan is likely to receive an additional $4 billion oil facility from Saudi Arabia, which would increase the total facility…
Stock market fluctuates amid Trump threat to intensify Iran strikes

Stock market fluctuates amid Trump threat to intensify Iran strikes

KARACHI: The stock market remained volatile throughout the day following threats by Donald Trump to intensify attacks on Iran, creating…
Oil prices rise as US-Israeli war with Iran continues to disrupt supply

Oil prices rise as US-Israeli war with Iran continues to disrupt supply

TOKYO: Oil prices climbed on Monday ‌on continuing fears of supply losses because of shipping disruptions in the key Middle…
IMF allows Rs830 billion power subsidy: relief now, higher bills later

IMF allows Rs830 billion power subsidy: relief now, higher bills later

The International Monetary Fund (IMF) has approved Pakistan’s plan to provide Rs830 billion in electricity subsidies for the next financial year. This…
Pakistan debt rises to $138B as foreign reserves stand at $21.4B

Pakistan debt rises to $138B as foreign reserves stand at $21.4B

Pakistan’s financial position has been detailed in Parliament, revealing a mixed picture of foreign exchange reserves alongside a continued rise…
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