The ministries of finance and energy presented a significant recommendation to tackle the mounting circular debt crisis impacting Pakistan’s power sector. The proposal involves making a...
In a significant move to enhance efficiency and reduce dependence on federal funding, the federal government’s Right Sizing Committee has put forth comprehensive recommendations for restructuring...
In today’s interbank trading session, the US dollar saw a slight depreciation of 16 paisas against the Pakistani rupee, bringing its value down to Rs278.50. This...
Addressing a ceremony in Islamabad, Finance Minister Muhammad Aurangzeb highlighted the progress Pakistan is making towards economic stability under the leadership of Prime Minister Shehbaz Sharif....
In Peshawar, the cost of chicken has once again risen sharply, with live chicken now priced at Rs490 per kilogramme and chicken meat at Rs735 per...
McDonald’s is reexamining its pricing strategy after experiencing a 1% drop in sales from April to June, the first decrease since the pandemic began. The decline...
The Central Power Purchasing Agency (CPPA) has submitted a revised application to the National Electric Power Regulatory Authority (NEPRA) for an increase in electricity prices by...
The United States has witnessed a sharp increase in anti-Muslim and anti-Palestinian incidents, with a rise of approximately 70% in the first half of 2024. This...
The Pakistan Stock Exchange (PSX) maintained its bullish trend for the second successive day on Tuesday, with the KSE-100 index gaining 40 points to reach 78,867...
Fitch Ratings announced an upgrade of Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from ‘CCC’ to ‘CCC+’. This improvement reflects better external liquidity and funding conditions,...
