Business
EPBD Urges Immediate Cut in SBP Policy Rate to 9%
The Economic Policy & Business Development (EPBD) think tank termed the decision of the State Bank of Pakistan (SBP) to maintain policy rate at 11 percent as very
Business
Business
Govt Eyes Digital Currency Future with Crypto Push
The Pakistani government is advancing plans to incorporate cryptocurrency into the financial sector, signalling a potential shift in how digital currencies are viewed and regulated in the country.
Business
Investors Eye Opportunity as Gold Prices Tumble
Gold became cheaper in Pakistan on Tuesday as local rates reflected a drop in the global bullion market. According to the All-Pakistan Gems and Jewellers Sarafa Association
Business
Massive Policy Shift Brings Stability, Resilience to Pakistan’s Economy
The Economic Policy & Business Development (EPBD) think tank has rejected the assertion that Pakistan's current economic stability is artificial or unsustainable. The think tank stated
Business
Diesel, Petrol Rates Likely to See Cut
A downward revision in fuel prices is likely to take effect from August 1, 2025, offering much-needed relief after persistent increases over the past two months. According
Business
Sazgar Starts Orders for First Local Hybrid SUV
In a key move towards hybrid vehicle adoption, Sazgar Engineering Works has started accepting pre-orders for its first locally assembled plug-in hybrid SUV, the HAVAL H6
Business
Electricity Consumers to Repay Loan in 6 Years
In a major financial breakthrough, the government of Pakistan is preparing to reduce the country’s power sector circular debt from a staggering Rs2.381 trillion to Rs561
Business
Gold Prices Steady Across Pakistan
On Monday, July 28, gold prices in Pakistan showed no change, with the rate of 24K gold per tola remaining at Rs356,400 and 10 grams priced at
Business
Interest Rate Must Drop to Boost Jobs, Industry: Ejaz
Former caretaker federal minister Gohar Ejaz has stated that the monetary policy is strangling the economy. The interest rate in Pakistan is 11%, while in India it is
Business
Spy Agency Targets Black Market Dollar Trade
Pakistan’s intelligence agency has stepped into the currency market, launching a large-scale operation against illegal dollar trading as the rupee continues to weaken. According to a
Business
Verify E-Challans Before Buying Used Vehicles — Here's Why
The Punjab Safe Cities Authority (PSCA) has issued a strong warning to buyers and sellers of used vehicles, cautioning that unverified traffic fines could lead to serious legal
Business
Rupee Stable as Key Currencies Show Modest Movement
Currency exchange rates in Pakistan showed minor fluctuations on July 24, as global economic sentiment remained cautiously optimistic. The US Dollar (USD) held firm, trading at Rs287 for
Business
inDrive Intercity Rides Quadruple in Pakistan, Fueling Driver Incomes
inDrive, the global mobility platform known for its peer-to-peer pricing model, has reported a four-fold year-on-year growth in its City-to-City service
Business
Power Losses Surge: Rs. 276 Billion Blow to Energy Sector
Pakistan’s power distribution companies suffered significant financial setbacks during the fiscal year 2023–24, collectively incurring losses exceeding Rs. 276 billion, according to an audit report that
Business
Thousands in KP to Get Free Solar Systems
The Khyber Pakhtunkhwa (KP) government has launched a major Rs20 billion solar energy programme to reduce dependence on fossil fuels and tackle the province’s ongoing electricity shortfall.
Business
Solar Panel Import Value Revised by Customs
The Directorate General of Customs Valuation Karachi has announced an increase in the customs value of imported solar panels, revising it from $0.08 per watt to $0.