ECC approves revision to gas tariff for industry, rejects hike for domestic sector Instructs Petroleum Division to take necessary measures to impose grid transition levy on captive power plants to enhance energy sector efficiency Updated 25 Jan, 2025 09:37pm
Commodities Gold price per tola decreases Rs200 in Pakistan After hitting a record high in the previous session, gold prices in Pakistan declined on Saturday in line with their... Published 25 Jan, 2025 05:25pm
Business & Economy Naqvi assures resolution of US companies issues Federal Interior Minister Mohsin Naqvi has assured to resolve issues of US companies operating in Pakistan on a... Updated 25 Jan, 2025 05:59pm
PVMA urges SBP to lower interest rate to boost economy KARACHI: Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has urged the State... Published 25 Jan, 2025 06:22am
FBR field formations: Waiver on 60pc vacant post cuts proposed to rightsizing panel ISLAMABAD: The Federal Board of Revenue (FBR), Friday, proposed to the “Cabinet Committee on Rightsizing of the... Published 25 Jan, 2025 06:22am
Distribution transformers: Awais seeks World Bank funding for smart meters ISLAMABAD: Federal Minister for Power Sardar Awais Ahmed Khan Leghari has urged the World Bank to provide funds and... Published 25 Jan, 2025 06:22am
Envoy to KSA identifies key sectors for economic collaboration LAHORE: Pakistan’s Ambassador to Saudi Arabia Ahmad Farooq has identified key sectors offering significant... Published 25 Jan, 2025 06:22am
PCDMA chief seeks cut in policy rate to single-digit KARACHI: Pakistan Chemicals & Dyes Merchants Association (PCDMA) Chairman Salim Valimohammad has urged the... Published 25 Jan, 2025 06:22am
Europe needs to take page out of US book: IMF DAVOS, (Switzerland): With the European economy lagging behind the United States, the head of the International... Published 25 Jan, 2025 06:22am
Weekly SPI inflation down 0.77pc ISLAMABAD: The Sensitive Price Index (SPI)-based inflation for the week ended January 23, 2025, decreased by 0.77... Published 25 Jan, 2025 06:22am
Energy KE organises over 40 ‘Customer Facilitation Camps’ since Jan KARACHI: Karachi-Electric (KE) has organised more than 40 Customer Facilitation Camps since the beginning of January... Published 25 Jan, 2025 06:22am
Industry SITE body calls for reducing policy rate to single digit KARACHI: The President of the SITE Association of Industry Karachi, Ahmed Azeem Alvi, has called for reducing the... Published 25 Jan, 2025 06:22am
CMOs miss most of KPIs amid deteriorating telecom services ISLAMABAD: Amid deteriorating telecom services in the country, the cellular mobile operators (CMOs) missed most of... Published 25 Jan, 2025 06:22am
Beijing AI Force Tech to invest in e-agriculture, e-SWM LAHORE: Chief Minister Punjab Maryam Nawaz Sharif’s visit to China starts bearing fruit and its benefits came to... Published 25 Jan, 2025 06:22am
OCAC asks govt to revise OMCs’ margin ISLAMABAD: The Oil Companies Advisory Council (OCAC) asked the federal government to revise Oil Marketing Companies... Published 25 Jan, 2025 06:22am
Dar reviews roadmap to enhance trade, economic ties with Turkiye ISLAMABAD: Deputy Prime Minister (DPM) and Foreign Minister Senator Muhammad Ishaq Dar chaired a high-level meeting... Published 25 Jan, 2025 06:22am
Money & Banking Yuan surges to 1-1/2 month high SHANGHAI: China’s yuan surged to a 1-1/2-month high against the dollar on Friday and looked set for the best ... Published 25 Jan, 2025 06:22am
Money & Banking Dollar eyes worst week in over a year NEW YORK: The dollar fell on Friday and was on track for its worst week in more than a year on expectations that... Published 25 Jan, 2025 06:22am
Money & Banking Asian currencies: Ringgit at more than 2-month high BENGALURU: Currencies in emerging Asian markets jumped on Friday, with the ringgit, baht and rupiah touching... Published 25 Jan, 2025 06:22am
Taxes Property tax to be determined on DC value LAHORE: The Punjab Excise and Taxation Department has modified property tax under which it will be determined based... Published 25 Jan, 2025 06:22am
Companies Telenor acquisition: CCP shares ‘conditions’ with PTCL ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) Group has reportedly raised the inordinate delay in... Published 25 Jan, 2025 06:22am
Money & Banking Commercial banks borrow Rs9.61 trillion from SBP for 7 days Commercial banks have borrowed Rs9.61 trillion from the State Bank of Pakistan (SBP) at an interest rate of 13.04%... Updated 25 Jan, 2025 06:43am
Meta plans to invest $60bn or more in AI this year SAN FRANCISCO: Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60... Published 25 Jan, 2025 01:32am