business

NEPRA directs K-Electric to avoid load-shedding

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has taken notice of load-sheddin...

AI policy to be presented to cabinet

ISLAMABAD: Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal announce...

Pak, China launch report on SEZs

ISLAMABAD: The Pakistan-China Institute, in collaboration with the China Chamber of Commerce in Paki...

Cooperation with Beijing urged in flaxseed cultivation

LANZHOU: “Empowering flaxseed farmers through agro-technology is just our beginning. Our collaborati...

Global stocks rise as US inflation moderates

LONDON/NEW YORK: A gauge of global stocks rose for the first time in four sessions on Friday as equi...

Political, economic worries pull PSX down

KARACHI: Pakistan Stock Exchange (PSX) suffered significant losses on Friday, fueled primarily by wi...

Retailers decry highest tariff of Rs77 per unit

LAHORE: The operators of chain stores have called on the government to take serious notice of the ev...

Trump's upcoming speech boosts Bitcoin by 4.5% in 24 hours

Before Donald Trump's "historic" speech in Bitcoin Conference on Sunday, the price of Bitcoin jumped...

US presidential vote to be impacted by crypto views, report finds

Almost three in four cryptocurrency owners say their vote for US president in November will be affec...

Apple joins US voluntary commitments for responsible AI innovation

US tech firm Apple has signed onto the President Joe Biden administration's voluntary commitments fo...

Tax on tractors exacerbates industry problems

LAHORE: Manufacturers of tractors and their parts are experiencing a deep crisis, which is threateni...

Honda Atlas briefing highlights lower revenues

KARACHI: Honda Atlas Car (HCAR) held a corporate briefing on its 1QMY25 performance, discussing curr...

Rupee rises despite $397m fall in reserves

KARACHI: Pakistani currency slightly appreciated by Rs0.09 and closed at Rs278.41 against the US dol...

SSGC launches new high-pressure pipeline

KARACHI: Sui Southern Gas Company (SSGC) has launched a dedicated pipeline, investing Rs3.86 billion...

Pakistan formally requests Chinese debt restructuring

ISLAMABAD: Pakistan formally requested China on Thursday to reschedule its debts, with outstanding d...

SIFC endorses refineries’ demands

ISLAMABAD: The Special Investment Facilitation Council (SIFC) on Thursday backed plans to withdraw t...

Pakistan plans rail links with Russia

ISLAMABAD: Pakistan has decided to outline a strategic road map to engage with Russia and connect th...

Business pessimism grows under ‘worse’ govt

KARACHI: The country’s business owners have become increasingly pessimistic about their future due t...

Britain’s mortgage crisis: soaring rates drive 320,000 into poverty

Rising mortgage rates in Britain have pushed approximately 320,000 people into poverty, a figure sig...

Business owners slam govt for ‘economic mismanagement’ amid rising inflation, taxes

Business owners in Pakistan have expressed growing pessimism about their future due to ongoing polit...

Farmers struggle with rising costs, high tariffs

LAHORE: Pakistan’s agriculture sector, the backbone of its economy, after posting an overall growth ...

Minister stresses skills education for growth

ISLAMABAD: Minister for Industries, Production, and National Food Security, Rana Tanveer Hussain, ha...

Business leaders consider strikes over high costs

KARACHI: Business leaders in Karachi are planning to resort to agitation against the high cost of do...

Pakistan, Turkmenistan to expedite TAPI project

ISLAMABAD: High officials of Pakistan and Turkmenistan called on Wednesday for accelerating executio...

German envoy urges textile synergies

LAHORE: German Ambassador Alfred Grannas stressed the importance of strengthening bilateral trade an...

PSX buoyant over earnings, rate cut talk

KARACHI: Pakistan Stock Exchange (PSX) on Wednesday continued its bullish momentum as it extended ga...

Salaried class taxed record Rs368b

ISLAMABAD: Pakistan’s voiceless salaried class was forced to cough up a record Rs368 billion in inco...

Govt unable to appoint KE director

ISLAMABAD: The litigation between shareholders of K-Electric (KE) has created hurdles as the federal...

Rs2.63/unit power tariff hike proposed

ISLAMABAD: Electricity consumers are set to face another significant financial burden as the power t...

Government set to deregulate petroleum prices

The federal government has decided to transfer the authority to set petroleum prices from the state ...