Oil Shipping Costs Explode to $254,000 a Day Amid Escalating War
Oil tanker freight rates have surged to record levels against the backdrop of the ongoing war, with daily charges reaching $254, 050, according to…
Tag: Business
Pakistan Raises Wheat Support Price by Rs. 1,000, But Farmers Want More
Prime Minister Shehbaz Sharif has approved an indicative wheat backing rate of Rs.
Pakistan Electricity Consumers Get Relief as Manual Detection Bills Are Banned
Federal Energy Minister Sardar Awais Ahmad Khan Leghari has banned manual detection billing by electricity distribution firms (DISCOs), directing them to problem such bills…
PTA Finds Mobile Network Issues Across 166 Sites — Orders Telcos to…
In practice, the Pakistan Telecommunication Authority (PTA) monitored 166 mobile sites nationwide from October 15 to 22 as part of efforts to improve telecom…
Pakistan Paid Foreign Investors $665 Million More Than It Attracted in FDI
Pakistan paid $2.305 billion in profits and dividends to foreign investors during fiscal year 2025-26, exceeding net foreign direct investment (FDI) inflows of $1.64…
Diesel Up, Petrol Stable
Meanwhile, the federal administration has decided to keep the rate of motor spirit (MS) petrol unchanged for the next 3 days, according to the…
A Deeper Connection to Madinah: Knowledge Economic City Makes Its Pakistan Debut…
Knowledge Economic City (KEC) will participate in the Saudi-Pakistan Real Estate Expo (SPREX) for the first time, bringing its vision for life in Madinah…
Delays in Competitive Coal Procurement by IPPs Could Increase Costs for Electricity…
Electricity consumers could end up paying more for power generation as Independent Power Producers (IPPs) continue procuring imported coal under existing contracts despite substantially…
Govt Delays Genetically Modified Food Imports
After the National Biosafety Committee sought clearer recommendations from its technical panel, pakistan has deferred decisions on a number of genetically modified (GM) crop…
Mohsin Naqvi Issues Another Shocking Warning
Interior Minister Mohsin Naqvi has cautioned Pakistanis against online scammers who impersonate family members and pretend to be sick to trick residents into transferring…