Future of fuel prices bleak as global crude peaks for 2023Â
In under 24 hours of petroleum prices being revised, Pakistan has woken up to a roaring global crude market
Yearly inflation drops to 27.4% in August, but challenges loom ahead
Increased fuel costs and dollar rate indicate higher future inflation.
Toyota records lowest final earnings since CovidÂ
The company has ended its financial year with a final earning of Rs 9.6 billionÂ
Steel sector continues to grumble
The PALSP has raised alarms over the authorities' lack of effective measures to counter the menace of smuggling.
Caretakers brace for impactÂ
The economy is worse than they thought. Have the caretakers bitten off more than they can chew?Â
Amid public outcry, electricity rates expected to surge by Rs1.58 per unit under FCA of July
NEPRA official said that the Sahiwal coal based plants had imported coal when prices were high at $400 per ton.
Rupee falls near Rs325 against US dollar in open market
Spread between the buy and sell rate of the dollar widens in the interbank, reflecting market volatility.Â
More than 120 life-saving medicines vanish from Lahore pharmacies
There seems to be no end in sight for patients in the provincial capital as vital meds for diabetes, heart conditions, and liver disease among 120 that are unavailable.Â
As rupee freefalls, differing exchange rates may land govt in hot water with IMF
The rupee closed at Rs 303.05 against the dollar in the interbank market, and was being sold as high as Rs 323 by exchange companies.
Battle for K-Electric heats up
Statement comes following both parties having declared victory in the Cayman Grand Court’s ruling about K-Electric’s board of directorsÂ
International Organization for Standardization (ISO) suspends Pakistan for non-payment of subscription fee
ISO had outlined the process for membership restoration upon clearing the outstanding fee.
SECP issues the first certificate of Shariah compliance to REITs. Why now?Â
Signature Residency REIT and Rahat Residency REIT have been given shariah compliance certificates as the government continues to move towards an interest free financial system.Â
Track and trace of cotton as well. But will it be effective?Â
Manufacturers often under-report their production numbers precisely to evade tax.
Caretaker health minister orders DRAP to promptly deal with artificial drug shortagesÂ
Caretaker health minister Nadeem Jan directs the Drug Regulatory Authority of Pakistan to speed up work on curtailing the artificial shortage of medicine in the market.Â
Demand for Pakistan’s rice surges as India mulls Non-Basmati export ban
The question arises that what is more important: foreign exchange reserves or affordable food?