Karachi is witnessing severe gas loadshedding weeks before the peak winter season, leaving households across several neighbourhoods struggling to manage basic cooking needs. Residents of […]
Category: Business
Petroleum Minister Orders Swift Measures to Ensure Smooth Winter Gas Supply for Households
Petroleum Minister Ali Pervez Malik on Monday directed gas companies to implement all necessary measures to ensure a smooth and uninterrupted gas supply for domestic […]
UK plans to scrap tariff exemption on low-value imports
The UK finance ministry announced on Friday that Finance Minister Rachel Reeves will remove the current tariff exemption for imported goods priced under £135, a […]
UK house prices slow in September; consumers brace for higher taxes ahead of budget
UK house prices rose 2.6% year-on-year in September, marking the slowest annual increase since May, according to data released Wednesday by the Office for National […]
Multinational Companies Profits in Pakistan Surge in 2025
The multinational companies profits in Pakistan saw a sharp rise in 2025, driven by improved foreign exchange conditions, relaxed payment restrictions, and the State Bank’s ongoing efforts to clear pending profit repatriation backlogs.
Electricity prices likely to drop by 65 paisa per unit as CPPA seeks fuel adjustment for October
ISLAMABAD: Electricity consumers across Pakistan are expected to receive relief as the Central Power Purchasing Agency (CPPA) has requested a 65-paisa per unit reduction under […]
Pakistan’s plan to issue Panda Bonds in 2025 has been dropped
According to the report, Pakistan had initially aimed to issue $250 million worth of Panda Bonds in the Chinese capital market in December 2025. However, […]
Oil Prices Slip as Russia Resumes Exports from Novorossiysk After Ukrainian Strikes
Oil prices declined in early Asian trading on Monday, reversing last week’s gains, after Russia resumed loadings at its major Black Sea export hub, Novorossiysk, […]
Diesel Shortage in Pakistan Raises Concerns as Dealers Warn of Artificial Crisis
Reports of a growing diesel shortage in Pakistan have sparked widespread concern as fuel traders warn that petrol pumps across the country are running dry. […]