Yesterday, the global market witnessed a decline of over 4% in crude oil prices. Brent futures…
Category: Economy
Govt to charge the rich Rs100 more for fuel to finance subsidy for the poor
Minister of State for Petroleum Musadik Masood Malik said on Monday that the government will charge…
General Tyre Shut Down its Operations in Pakistan
In accordance with the ongoing economic situation and decreasing demand, GTR Tyres or Gandhara Tyre &…
Trade Of Illegal Cigarettes Causes Annual Losses of Rs.1000 Billion to Pakistan Economy
According to analysts, two out of every five cigarettes sold in Pakistan are sold through tax…
Pkr Gains Rs. 4.83 Against US Dollar, Now Reached Rs. 268.5
On Thursday, the Pakistani rupee extended its gains against the dollar by Rs4.83 in the interbank…
Honda Pakistan Increases Car Prices Again by Upto Rs. 550,000
After Toyota, Suzuki, and KIA, Honda Atlas has increased prices across its entire line-up, with the…
State Bank reserves plummet to nine-year low of $3.1bn
The central bank’s foreign exchange reserves have hit a nine-year low of $3.1 billion as of…
IMF rejects circular debt management plan
The visiting IMF review mission has rejected the revised Circular Debt Management Plan (CDMP) and asked…
Automakers suspended their productions
Faced with a demand slump and raw material shortages amid unfavourable economic conditions, Indus Motor Company…
Govt sees spike in inflationary pressures
Highlighting ‘immense pressures’ on fiscal account owing to revenue collection challenges, heavy interest payments and rehabilitation…