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Business, Banking & Finance News Pakistan – Markets & Economy

Caretaker PM Kakar Champions Measures to Address Electricity Demand-Supply Gap

Caretaker PM Kakar Champions Measures to Address Electricity Demand-Supply Gap

Prime Minister Anwaarul Haq Kakar is Leading efforts to Bridge the Demand-supply Gap in Pakistan's Electricity sector. In a meeting focused on Devising Strategies to alleviate the Circular debt in the Energy Sector, PM Kakar

Pakistan restricts supplementary grants at the request of the IMF

Pakistan restricts supplementary grants at the request of the IMF

In a recent move, the interim government of Pakistan has taken the decision to halt the release of supplementary grants as requested by the International Monetary Fund (IMF). This decision, reported by ARY News on

Karachi Grapples with Severe Gas Shortage: MQM-P Urges Swift Resolution

Karachi Grapples with Severe Gas Shortage: MQM-P Urges Swift Resolution

Karachi is currently facing a critical Gas Shortage, Prompting the Muttahida Qaumi Movement-Pakistan (MQM-P) to call on the Sui Southern Gas Company (SSGC) for urgent action. A Delegation from MQM-P including Rabita Committee members Mangla

iPhone 15 Series Receives Rare Discounts in China Amidst Growing Competition

iPhone 15 Series Receives Rare Discounts in China Amidst Growing Competition

Apple is making waves in China by offering rare discounts on its popular iPhone 15 series, reducing prices by up to 500 yuan (70$). The move is seen as a smart response to the increasing

Government Slashes Petrol Prices by Rs8 per Liter to Ease Public Burden

Government Slashes Petrol Prices by Rs8 per Liter to Ease Public Burden

In a recent move, the caretaker government has decided to bring some relief to the public by reducing the price of petrol by Rs8 per liter. Starting from January 16, people can now fill up

Oil Theft Strikes Again: PARCO Reports Incident in Karachi’s Bin Qasim

Oil Theft Strikes Again: PARCO Reports Incident in Karachi’s Bin Qasim

In the latest Development another oil theft incident has been Reported in Karachi's Bin Qasim area following a Complaint filed by the Pak-Arab Refinery Company (PARCO). The Case Registered at Bin Qasim Police Station involves

Pakistan Launches National Credit Guarantee Company to Boost SMEs

Pakistan Launches National Credit Guarantee Company to Boost SMEs

Pakistan has taken a Significant Step to Boost the Small and Medium-sized Enterprises (SMEs) Sector with the launch of the National Credit Guarantee Company Limited (NCGCL). This Credit Guarantee Company, a joint Venture between the

IMF Approves $700 Million Loan for Pakistan’s Economy

IMF Approves $700 Million Loan for Pakistan’s Economy

In a significant development, the International Monetary Fund's (IMF) Executive Board has given the green light for a 700 million loan tranche to support Pakistan's economic reform program. This injection of funds comes after the

Poultry Prices Surge: 30% Increase Hits Islamabad and Rawalpindi

Poultry Prices Surge: 30% Increase Hits Islamabad and Rawalpindi

The twin Cities of Islamabad and Rawalpindi are Grappling with a Significant Surge in Poultry Prices Witnessing a 30% increase in the last six months. A recent Market Survey Conducted by APP Revealed a 30%

Gold Rises as Dollar Softens: Impact of Inflation Report on Fed’s Interest Rate Decision

Gold Rises as Dollar Softens: Impact of Inflation Report on Fed’s Interest Rate Decision

Gold prices saw a slight increase on Wednesday, the U.S. dollar weakened a bit. This happened right before an important report on inflation, which might give us hints about what the Federal Reserve, the central