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Category: Business

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OGDCL Restarts Daris West 2 Well with Enhanced Oil, Gas, and LPG Production
  • Business

OGDCL Restarts Daris West 2 Well with Enhanced Oil, Gas, and LPG Production

  • Usama Mudassar
  • December 25, 2024
  • 0

The Oil and Gas Development Company Limited (OGDCL) has successfully resumed operations at the Daris West 2 well, marking a significant milestone in Pakistan’s energy sector

Pakistan’s Foreign Loans: A Deep Dive into the Decline in External Funding
  • Business

Pakistan’s Foreign Loans: A Deep Dive into the Decline in External Funding

  • Usama Mudassar
  • December 25, 2024
  • 0

Pakistan’s economy has faced a significant downturn in foreign loans and funding from July to November of the current fiscal year, highlighting the growing challenges in managing the country’s financial needs

Non-Textile Exports Surge by 17.6%: A Milestone for Economic Growth
  • Business

Non-Textile Exports Surge by 17.6%: A Milestone for Economic Growth

  • Usama Mudassar
  • December 22, 2024
  • 0

The first four months of the current fiscal year have brought promising news for the country’s economy, as non-textile exports witnessed a significant increase of 17.6%.

Government Allocates Over Rs 50 Billion in Additional Power Sector Subsidies
  • Business

Government Allocates Over Rs 50 Billion in Additional Power Sector Subsidies

  • Usama Mudassar
  • December 22, 2024
  • 0

In a significant move to address the ongoing challenges in the energy sector, the government has announced the release of more than Rs 50 billion in subsidies for the power sector

U.S. stocks rally, recovering significant losses amid economic and political uncertainty.
  • Business

U.S. stocks rally, recovering significant losses amid economic and political uncertainty.

  • Ibtehaj Tahir
  • December 21, 2024
  • 0

U.S. stock markets surged on Friday, reversing a week of sharp declines. The S&P 500 climbed 1.8%, on pace for its strongest day in six […]

Pakistan cotton crisis worsens as arrivals decline by 33%.
  • Business

Pakistan cotton crisis worsens as arrivals decline by 33%.

  • Ibtehaj Tahir
  • December 20, 2024
  • 0

The ongoing cotton season in Pakistan continues to paint a bleak picture for the country’s textile industry and farmers. The latest report from the Pakistan […]

U.K. inflation hits eight-month high, reducing chances of rate cuts by bank of England.
  • Business

U.K. inflation hits eight-month high, reducing chances of rate cuts by bank of England.

  • Ibtehaj Tahir
  • December 19, 2024
  • 0

Inflation in the U.K. surged to its highest level in eight months in November, according to official data released on Wednesday. This rise has solidified […]

Major Tax Law Amendment Bill 2024-25: Key Changes for Filers and Non-Filers in Pakistan
  • Business

Major Tax Law Amendment Bill 2024-25: Key Changes for Filers and Non-Filers in Pakistan

  • Usama Mudassar
  • December 18, 2024
  • 0

The Tax Law Amendment Bill 2024-25, presented in the National Assembly, introduces significant changes that will impact the financial landscape of Pakistan.

OGRA approves gas price hike for fiscal year.
  • Business

OGRA approves gas price hike for fiscal year.

  • Ibtehaj Tahir
  • December 18, 2024
  • 0

The Oil and Gas Regulatory Authority (OGRA) approved an increase in gas prices for the current fiscal year on Tuesday. As per the OGRA statement, […]

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