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Category: Business

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Sugar Prices Skyrocket: Speculators and Hoarders Drive Rates Up to Rs150/kg
  • Business

Sugar Prices Skyrocket: Speculators and Hoarders Drive Rates Up to Rs150/kg

  • Usama Mudassar
  • December 13, 2024
  • 0

Sugar prices in Pakistan have surged dramatically over the past week, driven by the activities of speculators and hoarders. The sudden spike has created a ripple effect in the market

Pakistan’s Economy Shines: Record-Breaking Consumer Confidence in 2024
  • Business

Pakistan’s Economy Shines: Record-Breaking Consumer Confidence in 2024

  • Usama Mudassar
  • December 12, 2024
  • 0

Pakistan’s economic landscape in 2024 witnessed remarkable achievements, as revealed by the Consumer Confidence Index Survey. The report reflects significant progress

U.S. inflation inches higher in November amid rising costs.
  • Business

U.S. inflation inches higher in November amid rising costs.

  • Ibtehaj Tahir
  • December 12, 2024
  • 0

Inflation in the United States edged slightly higher in November, driven by increasing costs for used cars, groceries, and hotel stays, signaling that some price […]

Federal cabinet approves tariff review for eight more independent power producers.
  • Business

Federal cabinet approves tariff review for eight more independent power producers.

  • Ibtehaj Tahir
  • December 11, 2024
  • 0

In a meeting chaired by Prime Minister Shehbaz Sharif on Tuesday, the federal cabinet approved tariff reviews for eight Independent Power Producers (IPPs). The IPPs […]

Pakistan Stock Market Hits Record High as Dollar Depreciates Further
  • Business

Pakistan Stock Market Hits Record High as Dollar Depreciates Further

  • Usama Mudassar
  • December 10, 2024
  • 0

The Pakistan Stock Market witnessed a dramatic surge at the start of trading on the second day of the business week, with investors showing renewed optimism and confidence.

PSX crosses 111,000 points amid economic optimism.
  • Business

PSX crosses 111,000 points amid economic optimism.

  • Ibtehaj Tahir
  • December 10, 2024
  • 0

The Pakistan Stock Exchange (PSX) soared past the 111,000-point mark on Tuesday, continuing its upward trajectory for the 10th consecutive trading day. This surge reflects […]

EU and mercosur reach landmark free trade agreement after 25-year effort.
  • Business

EU and mercosur reach landmark free trade agreement after 25-year effort.

  • Ibtehaj Tahir
  • December 9, 2024
  • 0

After 25 years of negotiations, the European Union and the Mercosur bloc (Brazil, Argentina, Uruguay, Paraguay, and Bolivia) reached a historic free trade agreement on […]

Pakistan Faces Gas Glut: PLL’s Emergency Meeting Sparks Controversy Over LNG Decisions
  • Business

Pakistan Faces Gas Glut: PLL’s Emergency Meeting Sparks Controversy Over LNG Decisions

  • Usama Mudassar
  • December 9, 2024
  • 0

Amid growing concerns over the country’s energy policies, the Petroleum Division sources have revealed that Pakistan LNG Limited (PLL), tasked with gas procurement, has called an emergency

China export ban on critical minerals escalates tech trade war with U.S.
  • Business

China export ban on critical minerals escalates tech trade war with U.S.

  • Ibtehaj Tahir
  • December 7, 2024
  • 0

China has imposed export bans on key minerals, including gallium, germanium, and antimony, essential for manufacturing products like smartphones, electric vehicles, radar systems, and advanced […]

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