Here’s How the Rs. 32.63 Diesel Price Cut Happened
Meanwhile, the administration has capped the diesel crack spread at $41.5 per barrel to limit the impact of high international diesel costs on domestic…
Tag: Business
Oil prices extend gains amid Middle East tensions
Brent crude futures for October delivery rose 26 cents, or 0.28%, to $91.87 a barrel by 0439 GMT.
AI may force govt to renegotiate bilateral tax treaties
As AI businesses increasingly generate significant economic activity in a jurisdiction without a corresponding physical workforce, india is projected to renegotiate its bilateral tax…
Mangla Storage Remains Low Ahead Of Rabi Season
Pakistan's water reserves have risen to almost 11 million acre feet, but the slower filling of Mangla Reservoir is raising worries regarding water availability…
Oil Marketing Companies Seek Margin Increase After 3-Year Freeze
Pakistan's oil marketing firms are pushing the administration to growth their regulated margins, arguing that rising costs, heavier regulatory requirements and mounting receivables have…
International Steels To Exit Chinoy Engineering Venture
International Steels Limited (ISL) has recommended the sale of its entire 17% stake in Chinoy Engineering & Construction (Pvt) Limited (CECL) for Rs.
Stock markets rebound in early trade: Sensex jumps over 500 points, Nifty…
MUMBAI: Benchmark equity indices Sensex and Nifty rebounded in early trade on Thursday, tracking a recovery in world markets as easing US Treasury yields…
PM Shehbaz Convenes Cabinet Meeting on Fuel Margins, Economy, Security
Prime Minister Shehbaz Sharif has convened a federal cabinet session to consider a proposed Rs.
Rupee rises 17 paise to 95.56 against US dollar in early trade
After the US Treasury unveiled that it would double its buyback operations for longer-dated Treasury bonds, MUMBAI: The rupee appreciated 17 paise to 95.56…
SBP Allows Banks to Finance Up to 90% of Property Value
In practice, the State Bank of Pakistan has revised its prudential regulations for housing finance, introducing an updated framework that allows banks and development…