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Business

Petrol price expected to decrease by Rs13 per litre

13 May 2024

Petrol price expected to decrease by Rs13 per litre

The current price of petrol is Rs288.49 per litre.

Pak Army-backed firm begins 'real estate project' on 129 acres land in Karachi

10 May 2024

Pak Army-backed firm begins 'real estate project' on 129 acres land in Karachi

The land is situated in front of the US Consulate office in the port city.

World Bank agrees to work with Pakistan under new CPF

9 May 2024

World Bank agrees to work with Pakistan under new CPF

The premier appreciated the World Bank’s support in the development of Pakistan

Power tariff up by Rs2.83 per unit

8 May 2024

Power tariff up by Rs2.83 per unit

This move is poised to inflict hardships on households and industries alike, exacerbating their financial woes.

IMF demands Pakistan to increase taxes on salaried class earning between 51k-100k

8 May 2024

IMF demands Pakistan to increase taxes on salaried class earning between 51k-100k

Currently, business owners pay the highest 35% tax rate

Saudi Arabia says Pakistan is

6 May 2024

Saudi Arabia says Pakistan is "very suitable country" for investment

Pakistan-Saudi Arabia investment conference kicked off in Islamabad.

Milk price hiked by Rs10 per litre in Karachi

5 May 2024

Milk price hiked by Rs10 per litre in Karachi

The new rate of milk is fixed at Rs210 per litre.

Petrol price slashed by Rs5.45 per litre

30 Apr 2024

Petrol price slashed by Rs5.45 per litre

According to details, the fuel prices were slashed for the next fifteen days. Petrol price was slashed by Rs5.45 per litre, while diesel rate was slashed by Rs8.42 per litre.

FBR gets govt's nod to block mobile SIMs of over 500,000 tax evaders

30 Apr 2024

FBR gets govt's nod to block mobile SIMs of over 500,000 tax evaders

The FBR's decision was conveyed through an official notification, directing telecom companies to promptly execute the directive.

SBP receives $1.1bln IMF loan tranche

30 Apr 2024

SBP receives $1.1bln IMF loan tranche

In a statement on Tuesday, the SBP said the amount would be reflected in the foreign exchange reserves for the week ending on May 3.

Uber completely shuts down operations in Pakistan

30 Apr 2024

Uber completely shuts down operations in Pakistan

Its subsidiary brand Careem will continue its operation in the country.

Petrol price likely to be slashed by Rs5 per litre today

30 Apr 2024

Petrol price likely to be slashed by Rs5 per litre today

The current prices of petrol is 293.94 per litre

Farmers arrested as protesters reach Punjab Assembly amid wheat crisis

29 Apr 2024

Farmers arrested as protesters reach Punjab Assembly amid wheat crisis

Central Chairman of the Kisan Ittehad, Khalid Hussain, was set to lead the farmers’ caravan from different routes to the Punjab Assembly, despite the delays caused by the arrests.

Govt mulls introducing first-ever 'digital currency' in Pakistan

29 Apr 2024

Govt mulls introducing first-ever 'digital currency' in Pakistan

Pakistan inked an agreement with McKinsey to facilitate comprehensive digitalisation of the economy.

Electricity price likely to be raised by 'massive' Rs18.57 per unit for Karachiites

29 Apr 2024

Electricity price likely to be raised by 'massive' Rs18.57 per unit for Karachiites

NEPRA is scheduled to conduct a public hearing on May 9.

Every Pakistani owes over Rs285,000 in debt

29 Apr 2024

Every Pakistani owes over Rs285,000 in debt

Pakistan is seeking a $6-8 billion new loan package from the IMF.

Govt denies reports about plans to impose Rs2,000 fixed tax on solar power

27 Apr 2024

Govt denies reports about plans to impose Rs2,000 fixed tax on solar power

The power division termed the reports as "false and baseless".

Punjab likely to ban chick export to reduce prices of broiler chicken

26 Apr 2024

Punjab likely to ban chick export to reduce prices of broiler chicken

According to sources familiar with the matter, the Livestock Department has drafted a proposal for this embargo, which has been forwarded to the Punjab government for consideration.

Govt likely to reduce petrol price from May 1

25 Apr 2024

Govt likely to reduce petrol price from May 1

The current prices of petrol and diesel are Rs 293.94 per litre and Rs290.38 per litre, respectively.

Foreign direct investment increases by 51% to $258 million in March

23 Apr 2024

Foreign direct investment increases by 51% to $258 million in March

Pakistan receives around $2 billion in FDI annually

Karachi women to get free travel on Pink Bus Service for two months, announces Sharjeel

22 Apr 2024

Karachi women to get free travel on Pink Bus Service for two months, announces Sharjeel

In a separate announcement earlier, Minister Memon unveiled two new routes for the Pink People’s Bus Service in Karachi.

Pakistan can earn Rs100 billion through livestock export to Saudi Arabia

22 Apr 2024

Pakistan can earn Rs100 billion through livestock export to Saudi Arabia

Saudi Arabia imports about 20 to 30 million animals during Hajj season

KP govt decides to impose fixed tax on 'beauty parlours'

19 Apr 2024

KP govt decides to impose fixed tax on 'beauty parlours'

Strict legal action would be taken against tax evaders

Mari Petroleum discovers major gas reserves in Sindh

18 Apr 2024

Mari Petroleum discovers major gas reserves in Sindh

Confirming the success of their efforts, the company revealed the successful drilling of a gas well that promises an impressive output of 10.5 million standard cubic feet of gas daily.

Gold price hiked by Rs62,500 to Rs249,700 in four months of 2024

16 Apr 2024

Gold price hiked by Rs62,500 to Rs249,700 in four months of 2024

Yellow metal rate swelled by $8 to $2,371 per ounce in the world market

Pak Suzuki comes under cyber attack

15 Apr 2024

Pak Suzuki comes under cyber attack

Suzuki car maker PKMC revealed that its servers were hacked and its corporate data was leaked.

Naan, roti prices slashed in Islamabad

15 Apr 2024

Naan, roti prices slashed in Islamabad

The Islamabad deputy commissioner has directed price control magistrates and assistant commissioners to enforce the newly established prices for roti and naan.

Fuel prices likely to go up by Rs8.50 per litre

15 Apr 2024

Fuel prices likely to go up by Rs8.50 per litre

The government has been collecting Rs60 per litre as the petroleum levy

Iran closes airspace, most int'l airlines delay flights

14 Apr 2024

Iran closes airspace, most int'l airlines delay flights

The closure affects not only domestic travel but also international flights, with airlines like Etihad Airways cancelling flights to Israel, Oman, and Jordan.

Petrol price likely to rise by another Rs9 per litre from April 16

13 Apr 2024

Petrol price likely to rise by another Rs9 per litre from April 16

The government is charging Rs60 per litre PDL on both petrol and diesel

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