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Business
Goods Transporters Decry Truck Seizures for Protests
News Desk
ISLAMABAD: Goods transporters have strongly condemned the government's recurring practice of seizing commercial trucks to block political protesters from entering the federal capital, warning that such measures severely paralyze…
Pakistan Urged to Shift From Expensive Borrowing to Mainstream Finance
News Desk
ISLAMABAD: Financial experts and economic analysts have underscored the critical imperative for Pakistan to transition away from expensive, high-risk initial borrowing toward cheaper, more sustainable mainstream finance to…
Oil Prices Fall Globally
News Desk
WASHINGTON: Global crude oil prices registered a notable decline on international markets following renewed optimism surrounding potential diplomatic progress between the United States and Iran.
Market analysts reported a…
CCP Fines Edible Oil Tankers Rs60m Over Price Fixing
News Desk
ISLAMABAD: The Competition Commission of Pakistan (CCP) has slapped a hefty penalty of Rs60 million on the All Pakistan Edible Oil Tanker Owners Association (APEOTOA) for orchestrating illegal price-fixing schemes and…
FPCCI Terms Govt Austerity Measures An Economic Curfew
News Desk
HYDERABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has launched a scathing critique of the federal government’s newly introduced austerity measures, denouncing the policy as an economic curfew that…
Anthropic IPO Eyed as Potential Challenger to SpaceX Valuation Record
News Desk
WASHINGTON: Artificial intelligence powerhouse Anthropic is drawing intense scrutiny from global financial markets as industry analysts debate whether its highly anticipated initial public offering could surpass the historic…
Gold Prices Dip Marginally in Domestic Market
News Desk
KARACHI: Gold prices in the domestic market witnessed a negligible downward revision, with the price of one tola dropping by a mere Rs 100 on Tuesday, reflecting ongoing consolidation trends in the precious metals sector.
Market…
Tata Steel Seeks State Aid As Global Steel Crisis Deepens
News Desk
LONDON: Tata Steel has formally approached the government for fresh financial intervention as the deepening crisis within the global steel manufacturing sector threatens operational stability and thousands of jobs.
The…
Turkey Revokes Operating License of Iran’s Bank Mellat
News Desk
ANKARA: Turkey has officially revoked the operating license of Bank Mellat, one of Iran's largest private financial institutions, terminating its operations in the country after a span of 44 years.
The decisive regulatory action…
Pakistan Gold Prices Surge to Record Highs Amid Market Volatility
KARACHI: Gold prices in Pakistan witnessed a substantial upward revision on Tuesday, registering a sharp increase of Rs 6,900 per tola as domestic bullion markets reacted to shifting economic indicators and international market…
