Auto finance spiralling into oblivion
LAHORE: The State Bank of Pakistan (SBP) has released its credit data for the month of October, 2022, and the numbers do...
Oil prices see a rise on Monday as OPEC+ keeps their word
LAHORE: The Organization of Oil Exporting Countries, namely OPEC, met on Sunday to discuss the production targets of crude oil for the...
Domestic PFY industry on the ropes amid dumping allegations Â
ISLAMABAD: At a time when the country is going through a balance of payments crisis, the government has failed to curtail Polyester...
Pakistan says Russia agreed to sell it discounted oil. Now what?
Perhaps the most talked about topic this year in the energy sector has been the potential for Pakistan to import Russian oil...
Where is the locally assembled MG HS?Â
LAHORE: MG Motors’ CEO Javed Afridi caused a storm on social media with a prehype of MG4 Fully Electric that he claimed...
Banks must ensure financial innovation is customer-centric: Governor SBP
The Governor State Bank of Pakistan (SBP), Jameed Ahmed, attended the “Role of the Banking Sector in Business and Economic Growth of...
Saudi Arabia extends the term for $3bn deposit through
LAHORE: King Salman bin Abdulaziz Al Saud, the Custodian of the Two Holy Mosques directed the Saudi Fund Development (SFD) to extend...
Govt increases OMCs margin by up to Rs1.32/litre from Dec 1
ISLAMABAD: Even though the government announced that it was keeping fuel prices unchanged for the next two weeks, there was a lot...
Senate Standing Committee on Industries and Production calls for protecting customers from price increasesÂ
LAHORE: The Senate Standing Committee on Industries and Production, chaired by Senator Khalida Ateeb on Wednesday, has called to protect customers from...
NA committee over GMO oilseed import ends in war of words
ISLAMABAD: In a conflict that is increasingly becoming ugly, after the minister of food security exchanged harsh words with oilseed importers in...
Smog engulfs Lahore amid complete silence from corridors of power Â
Lahore once again capped the ranking of the most polluted cities in the world with a peak Air Quality Index (AQI) of...
Toyota increases price of Corolla Altis 1.8
LAHORE: Toyota Indus Motors has announced a price increase of Rs 370,000 for its Corolla Altis 1.8. The 7% increase in price...
Petroleum shortage suspected as SBP allegedly closes LCs
In the latest example of the State Bank of Pakistan (SBP) operating through verbal communication instead of through official lines, the bank...
Oilseeds vessels remain stuck at port as confusion prevails between ministries.
ISLAMABAD: At least six vessels containing valuable oilseeds important for Pakistan’s food security continue to be stuck at Port Qasim because of...
IESCO management accused of trying to hush-up corruption inquiryÂ
ISLAMABAD: An internal inquiry of the Islamabad Electric Supply Company (IESCO) investigating a corruption scam has assigned junior officers to investigate their...