Dasu terror attack: $2.58m slated for approval by ECC for slain Chinese workers
A $2.58 million compensation package is set to be approved by the government for the employees of a Chinese company who were killed in the…
Business
Gold prices in Pakistan continue to decline
On Wednesday, the gold prices in Pakistan continued to decline, taking the cost of 24-karat gold to Rs248,200 per tola after reporting a price decrease…
Govt informs IMF about changes in solar power policy
The Power Division’s officials Tuesday told visiting International Monetary Fund (IMF) mission about changes in the solar power policy and that power consumers pay Rs800…
IMF refuses to accept govt’s macroeconomic framework
With envisaging CPI-based inflation on the higher average rate of 12.7% for the next budget 2024-25, the International Monetary Fund (IMF) has asked Pakistan to…
Gold price hits record high in national and international markets
Gold prices in Pakistan saw a substantial increase, aligning with the rise in global gold rates, according to rates shared by the All Pakistan Gems…
FBR likely to be tasked to collect up to Rs11.5tr next fiscal
With the possibility of fixing the annual tax collection target of the Federal Bureau of Revenue’s (FBR) ranging between Rs11.2 to Rs 11.5 trillion for…
Govt slashes petrol price by Rs15.39 per litre for next fortnight
In a major relief for the inflation-hit nation, the federal government approved a massive cut of Rs15.39 per litre in the petrol price for the…
Elon Musk’s Tesla hit with lawsuit for polluting California
Elon Musk’s Tesla has been slapped with yet another lawsuit but this time it is about an environmental issue. According to CNBC, the Texas-based electric…
Gold price gains Rs2,900 per tola
After witnessing a fall in the last three sessions, gold prices reversed their trajectory in Pakistan on Wednesday in line with the increase in the…
IMF raises concerns over uncontrolled circular debt
The International Monetary Fund (IMF) has expressed strong concerns over the uncontrolled growth of circular debt in Pakistan. The circular debt in the energy sector…