Tesla announced on Tuesday its intention to utilize its current factories for producing new, more affordable vehicles, shelving plans for investments in new facilities in […]
Category: Business
CPPA-G seeks Rs 2.94 per unit increase in power tariff for march.
The Central Power Purchasing Agency (CPPA-G) has filed a request with the National Electric Power Regulatory Authority (NEPRA) seeking a Rs 2.94 per unit hike […]
Pakistan’s fuel deregulation plan sparks concerns among refiners.
Pakistan’s proposed move to deregulate fuel prices has raised alarms among some of the country’s top refiners, potentially stalling planned upgrades worth billions of dollars […]
Finance minister aurangzeb advocates IMF engagement for economic stability.
Finance Minister Muhammad Aurangzeb emphasized the indispensability of engaging with the International Monetary Fund (IMF) to ensure economic stability, asserting that there is no alternative […]
Galp energia discovers potential 10 billion barrels of oil in namibia.
Galp Energia, a Portuguese oil company, announced on Sunday the completion of the initial phase of exploration in the Mopane field off the coast of […]
Pakistan stock exchange surges amidst political stability and privatization commitments.
The Pakistan Stock Exchange witnessed a robust uptick on Monday, with the benchmark KSE-100 Index surging by over 1 percent. This surge comes in the […]
Philippine annual inflation climbs for second consecutive month in march.
In March, Philippine annual inflation continued its upward trajectory for the second consecutive month, primarily driven by a significant surge in the rice component, prompting […]
Nigeria approves electricity tariff hike for high-consumption users.
In a bid to reduce reliance on subsidies and alleviate pressure on public finances, Nigeria’s electricity regulator has given the green light for an increase […]
India urges traders to avoid purchasing new-season wheat from farmers.
To replenish its dwindling reserves, the Indian government has advised both global and domestic trade entities to refrain from procuring new-season wheat directly from local […]