ISLAMABAD: The government has approved the export of an additional 500,000 metric tons of sugar based on heavily manipulated figures of available stocks and consumption […]
Category: Business
Oil Prices Surge 5% Amid Supply Concerns
HOUSTON: Oil prices experienced a significant increase on Thursday, with heightened attention on key producing countries in the Middle East and growing concerns that an […]
Govt Ends Contracts with Five IPPs to Save Rs411bn
The government announced on Thursday the premature termination of power purchase agreements (PPAs) with five of the oldest independent power producers (IPPs), aiming to save […]
Roshan Digital Account Inflows Reach $168 Million in September 2024
Gross foreign exchange inflows through the Roshan Digital Accounts (RDAs) amounted to $168 million in September 2024, marking a slight increase from $165 million in […]
PM Announces Revisions to IPP Contracts Following Hub Power’s Early Termination
Pakistan’s largest private utility, Hub Power Company Ltd, announced on Thursday that it would be terminating its power purchase agreement (PPA) with the government earlier […]
Committee Approves Independent Multiplayer Market for Electricity
The Cabinet Committee on Energy (CCoE) approved the establishment of an independent multiplayer market for power generation and purchase, aiming to gradually end the government’s […]
Gold Prices Dip in Pakistan Coinciding with Global Trends
Gold prices in Pakistan have fallen, with 24-karat gold now priced at Rs 274,700 per tola, down by Rs 1,000. According to the Karachi Sarafa […]
One Year of Gaza War and the Impact of Pakistan’s Boycott on Israeli Products
In the midst of a raging conflict, a poignant story emerges—a fire and a little sparrow. As flames devour the landscape, the tiny bird tries […]
Confusion Prevails About Crop Prices
KARACHI: Pakistan has agreed with the International Monetary Fund (IMF) to halt the practice of setting minimum purchase prices for agricultural products, including the staple […]
World Bank Pleased with $400 Million Higher Education Initiative in Pakistan
The World Bank has expressed satisfaction with the progress of the “Higher Education Development in Pakistan” project, which involves an investment of approximately $400 million. […]