Business & Economy
Pakistan Business News
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PM Shehbaz directs comprehensive strategy for privatisation of power companies
Prime Minister Shehbaz Sharif on Wednesday directed authorities to formulate a comprehensive strategy to attract international investors for the privatisation of state-owned power distribution companies…
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Global oil prices fall; petrol, diesel cheaper in Pakistan
Global oil prices have declined, with reports suggesting the drop is linked to hopes for the reopening of the Strait of Hormuz. Following the international…
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Petrol Price Cut Reportedly Third Consecutive Reduction
The government on Tuesday announced a reduction in the prices of petrol and high-speed diesel (HSD) by Rs 3.39 and Rs 4.07 per litre, respectively,…
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Oil Prices Extend Declines Amid US-Iran Talks Uncertainty
Global crude oil prices have experienced a significant drop, initially falling by up to 7% in the international market. Following this, the price of US…
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Government Reduces Petroleum Prices, Kerosene Oil Also Cheaper
The government has announced a reduction in the prices of petroleum products for the next fortnight, providing some relief to consumers. According to the notification,…
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Government to Exempt Wheat Imports From All Taxes and Duties
The federal government is preparing to exempt wheat imports from all taxes and duties to address a potential shortage in the country. The move follows…
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Gold price in Pakistan drops by Rs 500 per tola
Gold prices in Pakistan decreased on Tuesday, tracking losses in the international market. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price…
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Government reduces petrol price by Rs 4.88 per litre
The government has announced a reduction in the prices of petroleum products, cutting the price of petrol by Rs 4.88 per litre and high-speed diesel…
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Pakistan Stock Market Trades Lower; July Inflation Eases to 9.2%
The Pakistan Stock Exchange (PSX) saw a downturn in trading on Tuesday, August 4, with the KSE-100 index trading around the 105,500-point level. This followed…
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Sugar Mills Demand Export of 585,000 Tons Surplus Sugar
The Pakistan Sugar Mills Association (PSMA) has submitted an urgent demand to the government for immediate approval to export surplus sugar. This request comes amidst…
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