BUSINESS

PM rejects new oil price proposal

Prime Minister Shehbaz Sharif has rejected a proposed new oil pricing formula, addressing deep concerns among the entire oil industry,…

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Sugar policy ends price controls

The government has finalised a new national sugar policy to largely end political control over prices, production and sales –…

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PSX dips over 4,000 points as Trump’s speech shakes global markets

US President Donald Trump’s stubborn war mania quelled investor enthusiasm at the Pakistan Stock Exchange (PSX) on Thursday, turning the…

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Meeting pushes for value addition in fruits, fisheries

A high-level meeting was chaired by Haroon Akhtar Khan, Special Assistant to the Prime Minister on Industries and Production, with…

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Pakistan, France to deepen energy ties

Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with French Ambassador Nicolas Galey to discuss the evolving regional…

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SBP buys $12.4b to strengthen reserves

The State Bank of Pakistan (SBP) carried out net foreign exchange interventions amounting to $12.4 billion between June 2024 and…

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Govt mulls Rs31b spending on wheat stocks

Pakistan’s economic managers have underscored the need for maintaining strategic reserves of wheat with an expenditure of Rs31 billion to…

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FBR misses tax target by Rs610b

  The federal government has missed the International Monetary Fund (IMF)-dictated tax target by a wide margin of Rs610 billion,…

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Pakistan Day: more than a day of remembrance

Every year on March 23, Pakistan commemorates the Lahore Resolution – a defining moment that set the course for the…

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How China is weathering the oil shock

It has been a month since the United States and Israel unleashed an unlawful war on Iran. Donald Trump and…

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