Business
K-Electric (KE) Chief Executive Officer Moonis Alvi on Friday stepped down from his position, according to a disclosure submitted to the Pakistan Stock Exchange (PSX). In July last year, the provincial ombudsman for protection against haras
Business
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has protested against the proposed positive quarterly tariff adjustments
Business
ISLAMABAD: Amid official efforts to tame consumer-oriented penetration of solar energy, Karachi-based industrialists and financial wizards have sought to introduce a not-for-profit “Social Net-Meteri
Business
SINGAPORE: Bitcoin plunged on Thursday, its decline accelerating amid weakening risk sentiment driven in part by volatility in precious metals and a broad selloff in tech shares. The world’s largest cryptocurrency fell to a low of $66,675.1
Business
ISLAMABAD: Kazakhstan’s Elaman Group has completed preliminary studies in Gilgit-Baltistan and identified strong potential for placer gold exploration and development, expressing its intention to make an initial investment of $20 million, with fur
Business
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Business
ISLAMABAD: Pakistan and Jordan have agreed to move toward a preferential trade agreement (PTA) and broaden bilateral cooperation across various sectors, marking a shift toward deeper economic engagement between the two countries. The two co
Business
FRANKFURT: The European Central Bank warned on Thursday a stronger euro could push inflation down too far after recent gains in the single currency, but sought to downplay any immediate threat to the eurozone economy. As expected, the cent
Business
ISLAMABAD: Pakistan on Thursday took over the presidency of the Digital Cooperation Organisation (DCO) at its fifth General Assembly held in Kuwait. At a ceremony, attended by senior officials from 16 member countries, Minister for Informat
Business
Gold and silver prices fell sharply in a broader market selloff on Thursday, as an advance in the dollar to a near two-week high and signs of easing US-China trade tensions added further pressure on the precious metals. Spot gold declined 2
Business
Pakistan must create up to 30 million jobs over the next decade to turn its youth bulge into an economic dividend or risk instability and outward migration, World Bank President Ajay Banga has stressed. Pakistan is entering the implementati
Business
Alphabet is taking on OpenAI with a gusto that underscores Wall Street’s perception that the Google parent is the leader in AI, a turn of events from a year ago when investors thought it was badly lagging behind rivals and punished its stock.
Business
• FBR ready to consider super tax recoveries on a case-to-case basis, Senate panel told • Aurangzeb says IMF mission due by month end, external financing needs fully covered. • Reveals discussions underway with UAE; currency notes being
Business
ISLAMABAD: The electricity consumers across the country are estimated to pay around 42 paise per unit additional charges for April to June mostly on account of capacity charges paid to power producers during the second quarter (October-December) o
Business
KARACHI: In the first auction after a surprise status quo in the monetary policy, the cut-off yields on the treasury bills were increased on Wednesday by up to 39 basis points, bringing the returns close to the State Bank’s policy rate of 10.50 pe