BUSINESS

New policy to provide quality seeds

Amid a record decline in cotton output, the government has approved the National Seed Policy 2025 aimed at introducing high-quality…

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WB trims $400m program rating

The World Bank has downgraded the $400 million Pakistan Raises Revenue programme to “moderately satisfactory” due to slow progress towards…

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Oil falls as investors await clarity after Iran-Israel halt attacks

Oil prices fell on Tuesday, ‌erasing most of the previous session’s gains, after Iran and Israel said they had halted…

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Budget likely to be presented on June 12: Parliamentary affairs minister

The federal budget is expected to be presented on June 12, Federal Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry…

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PSX rebounds sharply as KSE-100 gains nearly 1,600 points

Investor sentiment turned noticeably positive during Tuesday’s session, with the Pakistan Stock Exchange (PSX) staging a strong rebound after volatility…

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‘New industrial power tariff optional’

The Power Division said on Thursday that the new two-part tariff policy for industries is optional, and industrial consumers will…

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IMF no excuse to squeeze industry

The Pakistan business community says the International Monetary Fund (IMF) programme is no excuse to squeeze businesses and the public…

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Riyadh asked again to set up Gwadar refinery

With increasing trade and business activities at Gwadar, Pakistan has again pushed Saudi Arabia to set up an oil refinery…

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Oil edges up on US-Iran deal uncertainty, Oman’s Mina al Fahal loading suspension

Oil prices rose on Friday, paring sharp losses from the previous session, after Hezbollah rejected a new Lebanon ceasefire proposal…

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Govt sets Rs290/$ exchange rate

The federal government has set the Rs290 to a dollar exchange rate for the new budget, which shows a nominal…

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