BUSINESS
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FPCCI to move SC against capacity payments to IPPs
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has decided to approach the Supreme Court (SC) against the...
Pakistan ‘seeks’ rescheduling of $15bln Chinese loan
Finance Minister Muhammad Aurangzeb will embark on a visit to China starting today, as Pakistan is seeking a rescheduling of...
Govt’s anti-power-theft crackdown yields Rs105 billion, 83,000 arrests in Punjab
A nationwide anti-power-theft campaign has successfully recovered Rs105 billion, driven by joint efforts from the government and the military, which...
Pakistan’s foreign exchange reserves stand at US$14.7bn
Pakistan’s total liquid foreign reserves stood at US$14.7 billion as of 12th July. The central bank in a statement said...
Pakistan, Romania sign agreement to boost bilateral trade relations
Pakistan and Romania have signed a memorandum of understanding (MoU) to strengthen bilateral trade and economic cooperation. The MoU signed...
Inflation surge hits essential goods in Pakistan
Amidst a storm of inflation in the country, the prices of essential goods, including ghee, cooking oil, pulses, flour, sugar,...
Chinese company to install manufacturing plant of EV buses in Karachi
A major Chinese bus maker company has decided to install a manufacturing plant of intra city, EV buses in Karachi....
Petrol price jacked up by Rs9.99 per litre for next fortnight
The petrol price in Pakistan has been jacked up by Rs9.99 per litre for the next fortnight in the light...
Petroleum prices likely to go up
The federal government is likely to hike petroleum prices for the next fortnight starting from July 16 in a move...
Pakistan secures $7bn aid deal with IMF
Pakistan and the International Monetary Fund reached a three-year, $7 billion aid package deal, the Washington-based institution said on Friday....
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