Business

Government acknowledges 22% drop in foreign direct investment

Government acknowledges 22% drop in foreign direct investment

The federal government has acknowledged a significant decline in foreign direct investment (FDI), reporting a 22 per cent decrease during…
National Accounts Committee updates economic growth rate estimates

National Accounts Committee updates economic growth rate estimates

Economic growth rate declines in the first quarter of the current fiscal year while growth rate in the second quarter…
Oil prices surge worldwide amid Middle East tensions

Oil prices surge worldwide amid Middle East tensions

ISLAMABAD: Escalating tensions in the Middle East, particularly involving the United States, Israel and Iran, have driven a sharp rise…
Pakistan’s total debt reaches Rs81 trillion, Senate told

Pakistan’s total debt reaches Rs81 trillion, Senate told

A meeting of the Senate Standing Committee on Economic Affairs was held under the chairmanship of Senator Saifullah Abro. The…
Muzaffargarh residents face thousands in extra march electricity charges

Muzaffargarh residents face thousands in extra march electricity charges

Electricity customers in Muzaffargarh were left stunned this week as their March power bills arrived with unexpected surges, running into…
PSX plummets over 5,300 points amid rising geopolitical tensions

PSX plummets over 5,300 points amid rising geopolitical tensions

The Pakistan Stock Exchange (PSX) saw heavy selling on Thursday as geopolitical tensions escalated following US President Donald Trump’s warning…
Modern Shrimp farming project worth Rs13 billion progressing rapidly in Sargodha

Modern Shrimp farming project worth Rs13 billion progressing rapidly in Sargodha

Under the vision of Chief Minister Punjab Maryam Nawaz Sharif, work on a modern shrimp farming project worth Rs13 billion is…
Sindh signs landmark deal to launch electric taxi service

Sindh signs landmark deal to launch electric taxi service

KARACHI: The Sindh government has taken a major step to promote modern transport and technology by signing a key agreement…
Govt plans Rs 31bn wheat reserve boost

Govt plans Rs 31bn wheat reserve boost

Pakistan’s economic team has stressed the importance of building strategic wheat reserves, allocating around Rs31 billion to safeguard food security…
PM directs finance ministry to take up fuel levy issue with IMF

PM directs finance ministry to take up fuel levy issue with IMF

ISLAMABAD: Prime Minister Shehbaz Sharif has instructed the Finance Division to talk to the International Monetary Fund (IMF) over the…
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