BUSINESS
Govt announce Rs26 per unit relief in “Bijli Sahulat Package” for 3 months
In an effort to manage seasonal electricity demand and stimulate economic growth, the government on Friday announced the "Bijli Sahulat...
Overseas Pakistani group offers Rs 1.25trillion for PIA shares
An overseas Pakistani group, Al-Nahang, has made an offer of over Rs 1.25 trillion for the privatization of Pakistan International...
Pakistan eyes ‘Single B’ credit rating this fiscal year
Vowing to secure a 'Single B' credit rating this fiscal year, Pakistan's Finance Minister Muhammad Aurangzeb warned on Wednesday that...
Govt working on uniform gas pricing system for all consumer categories
The government is working to implement a uniform gas pricing system for all consumer categories, with a final decision expected...
SBP slashes policy rate by 250 bps to 15%
The State Bank of Pakistan (SBP) on Monday slashed the key policy rate by 250 basis points (bps) to 15%,...
IMF urges Pakistan to introduce mini-budget
The International Monetary Fund (IMF) has demanded Pakistan to introduce a mini-budget after the Federal Board of Revenue (FBR) failed...
Pakistan’s inflation rises to 7.2% in October
Pakistan’s annual inflation rate punched in at 7.2% in October 2024, up from 6.9% in September but markedly lower than...
Qatar offers $3 billion investment in Pakistan after PM’s visit, Atta Tarar
Qatar will invest $3 billion in diverse sectors of Pakistan, including trade, investment, culture, and others following a successful visit...
PIA auction attracts Rs10 billion from sole bidder below minimum expectation of Rs85 b
Pakistan International Airline (PIA) has attracted Rs10 billion from the sole bidder for a stake in the national carrier against...
Final bidding process to privatize PIA to ‘take place’ tomorrow
The final bidding process for the privatization of Pakistan International Airlines (PIA) is scheduled to take place tomorrow (Thursday) in...
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