Business

ISLAMABAD: The government has slashed the development budget by Rs100 billion, or one-tenth, to pay for fuel subsidies, opting for...

Minister orders stakeholder consultations as indigenisation policy yields Rs12.7b local contracts ISLAMABAD: The Power Division is considering the introduction of...

KARACHI: Pakistan's EV push has gained momentum as two firms announced plans to install 500 charging stations nationwide within two...

Reaches Rs479,262/tola; safe-haven asset shifts to investment class in current conditionAt current prices, the looted gold is worth around $70...

Federal Minister for National Food Security and Research Rana Tanveer Hussain. Photo: File ISLAMABAD: Federal Minister for National Food Security...

Stolen crude oil was being transported and processed before being sold in the local market Oil and Gas Development Company...

APPPOA vice chairman warns of fresh fuel crisis if issues remain unresolved, says govt to bear responsibilityPeople wait their turn...

Fed hike odds jump to 26% from 70% cut probability week ago as Middle East war fuels inflation fearsA picture...

Benchmark KSE-100 index surges 2.82% as investors cheer prospects of de-escalation and softer oil pricesA stock broker reacts while monitoring...

Brent crude sheds 5% to near $99 a barrel as reports of US peace proposal lift cautious hopes across global...

Power division to consult stakeholders on ToU pricing model aimed at efficiency, cost reductionTo cover losses, successive governments have increased...

ISLAMABAD: The Ministry of National Food Security and Research has proposed a Rs990 million project to accelerate the adoption of...

State Bank of Pakistan. Photo: File KARACHI: The State Bank of Pakistan (SBP) on Tuesday cancelled the licences of two...

Pakistan has stepped up efforts to address the energy security challenge. Photo: file ISLAMABAD: As the world fuel crisis deepens...

IMF blocks move to control SOE chiefs. Design: Ibrahim Yahya ISLAMABAD: The International Monetary Fund (IMF) did not accept a...

A technician repairs power supply lines at a power plant. PHOTO: REUTERS ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA)...

Minister for Finance Muhammad Aurangzeb chairs a high-level meeting of the Committee to Monitor Petrol Prices on Tuesday to review...

Bank president says lender to deliver rapid, flexible, scalable support to help countries manage immediate pressuresA worker walks past inside...

Iranian attacks ‌had knocked out 17% of Qatar's LNG export capacity, causing around $20b in lost annual revenueA hydrocarbon facility...

Succeeding Chief Executive Officer of K-Electric, Syed Taha. Photo: PSO/Website K-Electric (KE) has appointed Syed Taha as the new Chief...