Business
Election uncertainty may dampen foreign investment in Pakistan: World Bank
January 11, 2024
Election uncertainty may dampen foreign investment in Pakistan: World Bank
Fiscal vulnerabilities could weakened due to increase in spending. WB says GDP growth to stand at 1.7% during FY24. Projects…
Struggling to land your dream job? Avoid these 7 phrases in interview
January 11, 2024
Struggling to land your dream job? Avoid these 7 phrases in interview
Are you facing the uphill battle of trying to snag a position at coveted high-paying companies like Google, Facebook, or…
Bulls take charge as PSX gain more than 1,600 points
December 28, 2023
Bulls take charge as PSX gain more than 1,600 points
KARACHI: Bulls took charge at the Pakistan Stock Exchange (PSX) on Wednesday as the market gained more than 1,600 points…
Rupee to extend losses against dollar in 2024: analysts
December 28, 2023
Rupee to extend losses against dollar in 2024: analysts
Local currency under pressure over last seven years. Rupee has seen a 20% fall against the dollar this year. As per…
Discos seek massive Rs4.66 per unit hike in Jan power bills
December 21, 2023
Discos seek massive Rs4.66 per unit hike in Jan power bills
Increase stems from fuel charges adjustment for Nov. CPPA applies with Nepra to raise electricity prices. Nepra schedules public hearing on…
Power generation cost surges 20% year-on-year in Nov amid drop in cheap energy
December 21, 2023
Power generation cost surges 20% year-on-year in Nov amid drop in cheap energy
Higher cost mainly due to decline in nuclear, wind-based generation. Fuel cost for local coal-based generation increased by 55% y/y.…
SSGC seeks 15.38% increase in gas prices for current fiscal year
December 14, 2023
SSGC seeks 15.38% increase in gas prices for current fiscal year
SSGC seeks hike to offset rising costs of gas, other components. Petition includes Rs13.45 per MMBtu for LPG air-mix projects. Ogra…
EU allocates €179m for Punjab under new climate initiative
December 14, 2023
EU allocates €179m for Punjab under new climate initiative
Agreement to tackle urgent water and sanitation challenges. Climate resilience to also be strengthened through initiative. 200km of new water supply…
PSX sets new record as KSE-100 crosses 63,000 mark
December 7, 2023
PSX sets new record as KSE-100 crosses 63,000 mark
KARACHI: Bulls on Monday gripped the Pakistan Stock Exchange (PSX) as the benchmark index achieved a new milestone by crossing…
Pakistani authorities have ‘delivered’ on economic front, says top IMF official
December 7, 2023
Pakistani authorities have ‘delivered’ on economic front, says top IMF official
IMF official says Pakistan ‘important’ country in the world. “Our country is destined to succeed,” says Masood Khan. Nathan Porter…