BUSINESS
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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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PSX rallies nearly 2,000 points as oil prices ease
The Pakistan Stock Exchange (PSX) extended its bullish momentum on Wednesday as investor sentiment improved amid easing global oil prices…
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Pakistan reopens offshore exploration frontier after two decades
Pakistan formally reopened its offshore exploration frontier after nearly two decades on Wednesday as the government signed Production Sharing Agreements…
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AIIB eyes road, power projects
Asian Infrastructure Investment Bank (AIIB) Vice President Konstantin Limitovskiy met Federal Minister for Communications Abdul Aleem Khan and Power Minister…
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