Pakistan permitted to resume direct flights to the UK as UK CAA lifts ban
The United Kingdom has officially lifted the ban on Pakistani airlines, enabling them to reapply for direct flight operations to the UK, according to a…
Business
Petrol, diesel prices hiked by more than Rs11 per litre
The federal government has announced a hike in petrol prices by over Rs5 per litre for the upcoming fortnight starting tomorrow, according to a statement…
IMF Criticizes Tax-Free Sugar Import Policy
The International Monetary Fund (IMF) has expressed concern over a significant breach of the $7 billion programme, specifically criticizing the government’s decision to import 500,000…
KSE-100 breaks new ground, crosses 137,000 mark
The Pakistan Stock Exchange extended its record-breaking rally on Tuesday, driven by positive investor sentiment, an improved economic outlook, and strong local fund activity. The…
Pakistan Stock Exchange crosses 136,000 points amid strong rally
The Pakistan Stock Exchange (PSX) witnessed a positive trajectory on Monday, crossing the 136,000 barrier due to increased investor sentiment and improved economic outlook. The…
Fuel prices expected to increase in Pakistan
The Pakistan government is expected to revise fuel prices in the upcoming review, based on recent global oil market trends. According to initial estimates, petrol…
Bitcoin crosses $120,000 mark for the first time
Bitcoin surged past the $120,000 mark for the first time on Monday, hitting a major milestone as investor optimism grows ahead of potential policy breakthroughs…
IMF hails Pakistan’s ‘significant’ strides under EFF programme
International Monetary Fund (IMF) Resident Representative for Pakistan, Mahir Binici, commended the country’s “strong” performance under the Extended Fund Facility (EFF) and voiced optimism about…
PIA reports net loss of Rs4.6 billion
The Ministry of Finance has revealed that Pakistan International Airlines (PIA) recorded a net loss of Rs4.6 billion last year, despite posting a one-off accounting…
Pakistan’s State-Owned enterprises suffer Rs5.89 trillion in losses
A recent report has unveiled massive financial losses among Pakistan’s government institutions, with over 15 state-owned enterprises accumulating a combined deficit of Rs. 5,893.18 billion….