Business

BP, a global oil major, has emphasized the need for simultaneous investments in oil and gas production and the acceleration of the energy transition to […]

Amid Ongoing Challenges, Toyota Indus Motor Company Declares Additional Non-Production Days. In an official announcement to the Pakistan Stock Exchange (PSX), (IMC) has revealed a […]

Pakistan had also received a $100 million facility from Saudi Arabia for oil supply. These various loans presented an opportunity for Islamabad to bolster the State Bank’s reserves. The IMF program imposes a cap on overall guarantees, with a stipulation for the government to keep the limit below $3 billion under the SBP program.

“Pakistani Rupee Devalues by Rs 1.35 Against US Dollar in Interbank Trading” In interbank trading on Monday, the Pakistani rupee experienced a depreciation of Rs […]

Amid the persistent economic crisis, Pak Suzuki Motor Company (PSMC) finds itself in a challenging predicament. Insufficient inventory has led to the suspension of motorcycle […]

Simultaneously, the price of gold surged in the country, marking a significant increase of 300 rupees per tola. This spike in gold prices could be attributed to various factors, including global market trends, currency fluctuations, and geopolitical uncertainties.

SBP’s announcement highlights that July’s inflows were reduced by 5%, leading to a total of $2.11 billion. Additionally, remittances from overseas workers decreased by 19% to $2.02 billion during the same month.

Baluchistan Wheels, a prominent manufacturer and marketer of automotive wheel rims catering to small cars, buses, and trucks, has announced a temporary cessation of production […]