Rising LPG prices in Pakistan are forcing tea cafes across Karachi to rethink how they run their businesses. With fuel costs climbing and intense competition making it difficult to increase tea prices
Category: Business
Pakistani Rupee Gains Against Dollar, Closes at 277.61
The Pakistani rupee extended its marginal gains against the US dollar on Tuesday, closing at Rs277.61 in the interbank market. The local currency gained one paisa compared with Monday’s closing rate of Rs277.62
Pakistan Plans New Automotive Zone at Port Qasim
Pakistan is planning a major automotive zone at Port Qasim in Karachi as part of efforts to strengthen vehicle trade, improve logistics and increase foreign exchange earnings. Federal Minister for Maritime Affairs Muhammad
Tata Group Shares Fall After Chandrasekaran Exit
Shares of major Tata Group companies came under pressure on Wednesday after N. Chandrasekaran announced that he would not seek another term as chairman of Tata Sons. His decision has introduced fresh uncertainty
Transport Strike Puts Pakistan Textile Sector at Risk
The Pakistan textile sector has warned that a nationwide transporters’ strike could seriously disrupt textile production and export shipments, urging Prime Minister Shehbaz Sharif to intervene
Muhammad Ali Malik Appointed SBP Deputy Governor
The federal government has appointed Muhammad Ali Malik as Deputy Governor of the State Bank of Pakistan (SBP) for a five-year term, effective immediately. The appointment comes at an important time for Pakistan’s central bank
Iran Condoles Quetta Mine Tragedy Victims
The Quetta Mine Tragedy has drawn condolences and messages of solidarity from around the world, with the Embassy of the Islamic Republic of Iran in Islamabad expressing deep sorrow over the devastating mining
DISCO Privatisation Moves Forward with FESCO, GEPCO and IESCO
Pakistan’s DISCO privatisation programme has taken another significant step as the Privatisation Commission Board recommended restructuring plans for three major state-owned electricity distribution companies
Gold Prices in Pakistan Rise as Global Market Strengthens
Gold Prices in Pakistan climbed sharply on Monday, reflecting a strong upward trend in the international bullion market. The price of gold per tola increased by Rs4,000 to reach Rs431,736, while the price of 10 grams rose