Pakistan, IMF Agree on $1.21 Billion Disbursement
Pakistan and the International Monetary Fund have reached a staff-level agreement for a $1.21 billion disbursement under the Stand-By Arrangement, pending final approval.
Category : Business
Pakistan Launches 5G, Jazz Invests $1 Billion
Pakistan enters a new digital era with the rollout of 5G services across over 300 sites. Finance Minister's advisor highlights enhanced internet speeds and Jazz's $1 billion investment pledge to boost the telecom sector.
Veterinary Services Reviewed in Gujrat for Livestock
A comprehensive review of veterinary services in Gujrat highlights efforts to improve animal health, disease control, and support for the livestock sector in Punjab.
Trump's Signature on US Currency from Summer
The US Treasury announces President Donald Trump's signature will be on dollar bills from June, replacing the Treasurer's signature for the first time in 165 years as part of 250th-anniversary redesigns.
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Trump's DOJ Settles Live Nation Antitrust Lawsuit, States Continue Fight
The US Justice Department under President Trump has settled its portion of the major antitrust lawsuit against Live Nation-Ticketmaster, raising questions about antitrust policy and political influence while states continue legal action.
Gold Drops Rs 1,000/Tola to Rs 467,262 in Pakistan
Gold prices in Pakistan have declined by Rs 1,000 per tola, settling at Rs 467,262, influenced by global market trends and local demand factors.
Stable Fuel Supply Confirmed, Tech Subsidy Framework Discussed
A high-level meeting chaired by Finance Minister Muhammad Aurangzeb affirmed stable and adequate fuel supply across Pakistan. Provincial leaders shared views, and technological solutions for targeted subsidies were presented.
Pakistan Imports Six Oil Cargoes from Oman in March
Pakistan will import six oil cargoes from Oman in March, including petrol and diesel, to enhance local stocks and ensure supply stability amid regional tensions. Talks focus on preferential energy deals and bilateral cooperation.
Ginger Extract Fights Surra Disease in Punjab Buffaloes
Research reveals ginger extract reduces parasites and oxidative stress in Surra-infected buffaloes, offering a natural, affordable treatment option for rural farmers in Southern Punjab.
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Barrick Delays Pakistan Copper-Gold Project Over Security
Barrick Mining slows development of the Reko Diq project in Balochistan for 12 months starting July, citing Middle East conflict and Pakistan security issues, per Financial Times report.
Pakistan Assures Adequate Petroleum Supply for April
Deputy PM Ishaq Dar chaired a meeting to review petroleum stocks, confirming sufficient supply for April and beyond. The meeting also assessed preparedness amid Middle East tensions.
Govt Slashes Rs100 Billion Development Budget for Fuel Subsidy
In a significant fiscal adjustment, the government has reallocated Rs100 billion from the development budget to sustain fuel subsidies, sparking debate over economic priorities and public welfare.
Train Services Resume After Bahawalpur Accident, Normal Schedule Thursday
The Tezgam Express, involved in an accident near Bahawalpur, arrived at Hyderabad Junction and resumed its journey to Karachi. Railway officials confirm track clearance and resumption of affected trains, with normal operations expected to restart on Thurs
Pakistan Cuts Port Dues 60% to Attract Transshipment
The Pakistani government has announced a 60% reduction in port dues at Karachi Port and Port Qasim to attract transshipment cargo, aiming to enhance maritime trade and economic growth.
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Pakistan Restores Doha, Middle East Flights After 25-Day Disruption
Pakistan has resumed flight operations to Doha and restored air links with Middle Eastern nations after a 25-day disruption, marking a significant step in aviation recovery and regional connectivity.
Pakistan's Economic Sovereignty: A Puppet in Geopolitics
Pakistan's economic sovereignty is compromised by geopolitical pressures, from the Iran-Pakistan gas pipeline to Gulf bailouts, fueling inflation and debt while elites debate in comfort.
Pakistan-IMF Talks Conclude with Serious Economic Pledge
Pakistan and the International Monetary Fund have concluded their latest round of talks, resulting in a serious pledge to implement economic reforms aimed at ensuring long-term stability and growth.
PSX Gains 1,225 Points as Market Sentiment Improves
The Pakistan Stock Exchange (PSX) recorded a significant rise of 1,225 points, driven by positive economic indicators and investor optimism. This surge reflects growing confidence in the market's stability and future growth prospects.
Pakistan Ensures Steady Petroleum Supply Despite Price Pressures
Pakistan has successfully secured a consistent supply of petroleum products, including petrol and diesel, despite facing significant global price pressures and logistical challenges.
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ADB Financial Package for Asia-Pacific Amid Middle East Conflict
The Asian Development Bank unveils a support package to help developing countries mitigate economic impacts from the Middle East conflict, focusing on budget aid and trade finance.
KE Appoints Syed Taha as New Chief Executive Officer
K-Electric (KE) has officially appointed Syed Taha as its new Chief Executive Officer, marking a significant leadership change aimed at enhancing operational efficiency and customer service in Karachi's power sector.
Fishing Waste Poses Major Threat to Marine Life
A new report highlights the severe impact of discarded fishing gear and plastic waste on marine ecosystems in Pakistan, endangering species and coastal communities.
Competition Body Recovers Rs40m Penalty from Firms
The Competition Commission of Pakistan has successfully recovered Rs40 million in penalties from companies found violating competition laws, highlighting enforcement efforts.
Gold Prices Surge in Pakistan Following Global Gains
Gold prices in Pakistan rose sharply on Tuesday, with per tola reaching Rs464,062 after a gain of Rs16,300, mirroring international market trends. Silver also saw an increase.
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Industrial Productivity Vital for Pakistan's Sustainable Economic Growth
Shahid Imran of FPCCI highlights industrial productivity as essential for sustainable growth, emphasizing efficiency, innovation, and environmental responsibility in a Lahore workshop.
Sindh CM Directs Wheat Procurement for Subsidized Small Growers
Sindh Chief Minister Murad Ali Shah has directed immediate fumigation of godowns and procurement of new wheat crop, prioritizing small farmers who received government seed subsidies to ensure market stability and food security.
Sindh's Agricultural Crisis: 40% Post-Harvest Losses
Sindh's agricultural sector faces a severe infrastructure crisis with 35-40% post-harvest losses due to energy insecurity, lack of cold storage, and broken supply chains, threatening Pakistan's food security and export potential.
Historic Gold Price Plunge in Pakistan Today
Gold prices in Pakistan have experienced a historic decline today, driven by global market trends and local economic factors. This significant drop marks a notable shift in the precious metals market, impacting investors and consumers across the country.
Zinc-Enriched Wheat Production Rises in Pakistan
Pakistan reports a significant boost in zinc-enriched wheat production, enhancing nutritional security and agricultural output nationwide.
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Cemento Redefines Lahore's Ready-Mix Concrete Market
Cemento, a leading construction materials company, is revolutionizing Lahore's ready-mix concrete sector through advanced technology, quality control, and sustainable practices, reshaping urban development standards.
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