May 23, 2025
G-14, G-15 Mezzanine Floor Spanish Homes Phase 1 Main Korangi Road DHA Karachi

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Business

Petrol price remains unchanged for next fortnight

The government, however, slashed the high speed diesel by Rs2 per litre, according to a notification issued by the finance division. New price of HSD now stands at Rs254.64 per litre. The development came after the Economic Coordination Committee (ECC) decided to transfer relief from the price reduction of petroleum products to refineries, OMCs (oil

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Business Pakistan

Pakistan receives second tranche of $1bn from IMF

Pakistan has received the second tranche of special drawing rights (SDR) worth $1.023 billion from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) programme, the central bank said on Wednesday. The amount will be reflected in its foreign exchange reserves for the week ending on May 16, the State Bank of Pakistan

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Business Pakistan World News

Karachi to host new Pakistan-Russia steel mill

ISLAMABAD: In a significant move at bolstering Pakistan’s industrial sector and attracting foreign investment, Pakistan and Russia have reached an agreement to establish a new state-of-the-art steel mill in Karachi. The development emerged from a high-level meeting held between Special Assistant to the prime minister Haroon Akhtar and Denis Nazaroof, a representative of the Russian government.

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Business Featured Pakistan

PSX opens up over 9pc as ceasefire with India holds

The Pakistan Stock Exchange (PSX) opened to a sharp rally on Monday after tensions between Pakistan and India eased, with the benchmark KSE-100 index jumping more than 9%. The benchmark KSE-100 index surged to 117,104.11 points after a surge of 9,928 points during intra-day trade — the highest day-on-day increase in points on an intra-day

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Business Editor's pick Featured Pakistan

PSX limps to recovery after day of historic losses

Shares at the Pakistan Stock Exchange (PSX) recovered more than 700 points on Friday after the index suffered its largest-ever plunge a day earlier, causing losses to the tune of Rs820 billion loss to equity investors following Indian drone attacks in major cities across the country. The benchmark KSE-100 index climbed 799.65, or 0.77 per cent, to stand at

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Business Pakistan

PM for deeper economic ties with UAE

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday reaffirmed the country’s close relations with the United Arab Emirates (UAE), calling for deeper economic cooperation and greater engagement across sectors. The prime minister made the remarks during a meeting with UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan, who is in Islamabad

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Business

Oil falls as Trump repeats call for OPEC to cut prices

SINGAPORE: Oil prices slipped on Monday after US President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost US oil and gas output in his first week in office. Brent crude futures dropped 53 cents, or 0.68%, to $77.97 a barrel by 0430 GMT after settling up 21 cents

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Business

Bulls celebrate new year with 1,500-rally

Bulls celebrated new year at the Pakistan Stock Exchange (PSX) with a new 1,500 point rally on Wednesday in intraday trade. The KSE-100 index climbed 1544.18, or 1.34 per cent, to stand at 116,681.01 points from the previous close of 115,126.90 at 11:53am. Awais Ashraf, director reasearch at AKD Securities, noted that the stock market’s

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Business

WordPress Geek and a Messi Fan

Hello, my name is Ewala. I come from the planet Alawe, in the galaxy Ewala, in the universe Alawe. But the point is I tried. If you think you need to go to the bakery, please do so now, because I do not want to be interrupted while I tell you my story. …but anyway,

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Business

I am 40 but still addicted to 90s games

Hello, my name is Ewala. I come from the planet Alawe, in the galaxy Ewala, in the universe Alawe. But the point is I tried. If you think you need to go to the bakery, please do so now, because I do not want to be interrupted while I tell you my story. …but anyway,

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