In a significant step toward bolstering Pakistan’s economic framework, Prime Minister Shehbaz Sharif chaired a meeting focused on the development and facilitation of small and medium-sized enterprises (SMEs)
Category: Business
Pakistan to increase petroleum prices for second fortnight of January 2025.
The federal government is set to raise petroleum prices for the second half of January 2025, with an anticipated increase of Rs3.5 per litre for […]
Dollar rally faces setback ahead of key U.S. inflation report.
The U.S. dollar’s impressive rally encountered a pause on Wednesday as traders adopted a cautious stance ahead of the eagerly awaited U.S. consumer inflation report, […]
Petrol and Diesel Prices Likely to Rise by Rs 3.50
The price of petrol and diesel in Pakistan is expected to increase by up to Rs 3.50 per liter. According to reliable sources, the Oil and Gas Regulatory Authority (OGRA) has submitted a summary
FBR’s Transformation Plan: Rs 6 Billion for 1010 New Vehicles
In a significant move towards modernization, the Federal Board of Revenue (FBR) has announced plans to purchase 1010 new vehicles at a staggering cost of over Rs 6 billion.
China’s Record-Breaking Export Surge: 2024 Exports Exceed 25 Trillion Yuan
In a remarkable achievement, China’s export volume reached an all-time high in 2024, crossing the 25 trillion yuan mark for the first time. According to media reports, the total export volume
Dollar hits multi-year high amid economic data and tariff concerns.
The U.S. dollar hovered near its highest level in more than two years on Tuesday, driven by strong economic data and reduced expectations for Federal […]
US sanctions on Russian oil disrupt global supply Chains, push China and India to seek alternatives.
The latest US sanctions targeting Russian oil producers and tankers are expected to significantly disrupt global oil trade, forcing China and India to pivot toward […]
Pakistan’s Electricity Sector Faces Rs600 Billion Annual Loss: Unveiling the Circular Debt Crisis
Pakistan’s electricity sector is grappling with an escalating crisis, as electricity distribution companies (DISCOs) are adding Rs50 billion to the circular debt every month.