Business

Pakistan ready to increase cooperation in diversified sectors: President

ISLAMABAD: President Dr Arif Alvi yesterday citing the immense potential and opportunities for investment, said Pakistan desired to strengthen cooperation with friendly countries in the fields of investment, culture and tourism. The president, in a m...

FPCCI demands Rs18-20 drop in fortnight POL price review

Karachi: President FPCCI Irfan Iqbal Sheikh demanded government should announce reduction of 18-20 rupees per litre in prices of petroleum products as international oil prices are showing declining trend despite harrowing ongoing conflict and supply...

SITE industrialists protest exorbitant hike in gas tariff

KARACHI: An Emergent meeting of SITE Association of Industry (SAI) was held to devise strategy for future line of action in view of recent exorbitant increase in industrial gas tariff due to which, industries of Karachi have become unviable to operat...

MARI commences gas production from appraisal well in Sindh

Karachi: Mari Petroleum Company Limited (MARI) has successfully commenced gas production from its appraisal well Mari Ghazij-l, located in Mari D&PL, Sindh. Company shared development in its notice to Pakistan Stock Exchange. Last month, company...

Pakistan optimistic about ‘successful completion’ of first IMF review

Karachi: Pakistan is optimistic about successful completion of first International Monetary Fund (IMF) review of $ 3 billion standby arrangement as negotiations between two sides have entered final round, said well-placed sources. Policy-level talks...

11:11 sale: Bank Alfalah’s ‘AlfaMall’ at its best

Karachi: Bank Alfalah announced ahead of World's largest shopping event, 11.11 Sale Day. Bank's pioneering e-commerce platform, AlfaMall, introduces authorised and genuine products through affiliated brands on 'Buy Now, Pay Later' (BNPL) feature with...

Remittances clock in at $2.5bn in Oct, up 11.5pc on monthly basis

Karachi: Inflow of overseas workers’ remittances clocked in at $ 2.5 billion in October 2023, 11.5 percent higher on month-on-month basis when compared to $ 2.2 billion in September 2023, showed data released by State Bank of Pakistan. On yearl...

TDA-2022 to establish comprehensive regime for trade dispute resolution

ISLAMABAD: Trade Dispute Act of 2022 (TDA-2022), provided establishment of comprehensive regime in Pakistan for swift and effective resolution of disputes relating to exports and imports of goods and services including e-commerce trade. Director Gene...

Pakistan focused most on TAPI Gas Pipeline despite India’s nil interest: PM Kakar

Karachi: Caretaker Prime Minister Anwaarul Haq Kakar said that Pakistan is ready to reap benefits of Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline, despite India’s alleged lack of interest. “On TAPI, there is lot of enthusia...

Pakistan witnesses ongoing surge in gold prices

The price of gold in Pakistan exhibited a notable increase, rising by Rs1,300 per tola in the local market on Friday. Muhammad Arshad, Chairman of the All Pakistan Jewellers Manufacturers Association, reported the new price for the precious yellow me...

NC Big Stories

Naqvi vows to tackle extremism, arrest instigators

ISLAMABAD: Interior Minister Mohsin Naqvi has made it clear that extremism will not be tolerated in Pakistan, and anyone found inciting unrest will be swiftly arrested. Speaking to the media in Islamabad, Naqvi stressed the government’s commit...

FinMin claims opposition protests costing Pakistan Rs190bln daily

ISLAMABAD: Finance Minister Muhammad Aurangzeb has revealed the immense economic cost of opposition-led protests in Pakistan, claiming that the ongoing political unrest is causing daily losses of over Rs 190 billion. Addressing the media during a pre...

Ahsan Iqbal stresses IK’s release can only happen through legal process

LAHORE: Federal Minister for Planning and Special Initiatives, Ahsan Iqbal, has emphasized that Imran Khan’s release can only occur through legal procedures, asserting that the former prime minister must clear his name in court. Speaking at a p...

Shanaya wins Bronze at 30th Palmolive Sindh Women’s Swimming C’ship 2024

KARACHI: Seven-year-old Shanaya Vawda has won a bronze medal in the 8 and under breaststroke category at the 30th Palmolive Sindh Women’s Swimming Championship, held today at Karachi Club. Competing against a skilled field, Shanaya’s out...
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