Crude oil prices slide $4 as collapse of Silicon Valley Bank spurs fears of crisis
HOUSTON: Oil prices fell $4 on Monday along with equities as the collapse of Silicon Valley Bank raised fears of a fresh financial crisis, but...
Signature Bank becomes next casualty of banking turmoil after SVB
State regulators closed New York-based Signature Bank (SBNY.O)Â on Sunday, the third largest failure in U.S. banking history, two days after authorities shuttered Silicon Valley...
FIA clears six names in Hascol scam. But on what grounds?
Re-investigation has given a clean chit to six persons including a close companion of Ishaq Dar.Â
Power consumers to pay additional Rs 14.24/unit
New surcharge will be added to consumer bills on account of deferred FCA
The PSO debt spiral continues
The latest financial reports published by the state owned oil giant have again raised concerns about the company’s financial health. The results published late...
India’s fuel demand hits 24-year high
India’s fuel demand hit its highest level in at least 24 years in February, data showed on Thursday, with industrial activity in Asia’s third...
Mari Petroleum successfully completes commissioning of facility in Daharki, Sindh
Plant beats pre-production gas estimation by producing 95 MSCFD gas to SNGPL
Power tariff for Karachi to be raised
ISLAMABAD: The Ministry of Energy (Power Division) decided to jack up the power tariff by Rs 4.76 per unit for K-Electric consumers in the...
Karachi Electric: Financial misstatements?
The name of the electric company has been making the rounds in several newspapers after a former board member wrote a letter to the Pakistan Stock Exchange (PSX) concerning Karachi electric. In response the company has initiated a case against the former for defamation
How the LC issue crippled Pakistan’s textile industry
And why our businesses need to develop more foresight if they wish to operate in Pakistan
Sedative Electricity Reforms
The current electricity strategy pursued by the Government under the garb of reforms is not in the best interest of the sector. With rising...
Pakistan’s most successful designer brand is in trouble. But why?
With Élan looking for investors to come in and inject equity, we look back at how Khadijah Shah made and possibly broke her fashion empire
The state of Punjab’s industries
Amidst political wrangling, the country’s largest province aims to keep industrial growth on track with policy continuity and innovation
Everyone aboard the solar express?
You would think that the announcement from any government anywhere in the world that they were installing 10,000 MW of solar energy and entering...
Running out of options: The state of our telcos
Recent financial results indicate that the sector has reached a tipping point
