Business

Barrick, Komatsu Seal $440M Deal for Reko Diq Equipment

Barrick, Komatsu Seal $440M Deal for Reko Diq Equipment

ISLAMABAD: Barrick Mining Corporation and Komatsu have entered a $440 million agreement. The deal secures the supply of key mining…
Electricity Output Rises Slightly as Fuel Costs Drop

Electricity Output Rises Slightly as Fuel Costs Drop

ISLAMABAD: Pakistan’s electricity generation in May 2025 increased by 1 percent year-on-year, reaching 12,755 GWh. Despite the monthly gain, output…
Pakistan, ADB Sign $350M Deal to Empower Women Financially

Pakistan, ADB Sign $350M Deal to Empower Women Financially

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) have signed a $350 million loan agreement to advance women’s financial inclusion…
FBR Extends Software Integration Deadline

FBR Extends Software Integration Deadline

ISLAMABAD:The Federal Board of Revenue (FBR) has extended the deadline for integrating invoicing and sales transaction software with its central…
Cabinet Approves Rs1.275 Trillion Loan to Cut Power Sector Debt

Cabinet Approves Rs1.275 Trillion Loan to Cut Power Sector Debt

ISLAMABAD: The federal cabinet, chaired by Prime Minister Shehbaz Sharif, has approved a Rs1.275 trillion loan to address the persistent…
Pakistan Unveils Plan for Liberalised Used Vehicle Imports

Pakistan Unveils Plan for Liberalised Used Vehicle Imports

ISLAMABAD: Pakistan has announced a major shift in its vehicle import policy, unveiling a roadmap to liberalise the import of…
 Aurangzeb Declares End to Tax Amnesty Era in Tough Budget Move

 Aurangzeb Declares End to Tax Amnesty Era in Tough Budget Move

ISLAMABAD: Finance Minister Muhammad Aurangzeb delivered a stern message to parliament on Thursday, declaring an end to Pakistan’s cycle of…
PSX Slips Below 120,000 Amid Geopolitical Tensions

PSX Slips Below 120,000 Amid Geopolitical Tensions

ISLAMABAD: The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Thursday, with the benchmark KSE-100 index closing below…
KP Plans Full Pension Reform Shift by 2045

KP Plans Full Pension Reform Shift by 2045

ISLAMABAD: The Khyber Pakhtunkhwa (KP) government is set to complete its transition from an unfunded pension scheme to a fully…
Balochistan Budget Surplus Rises to Rs51.5 Billion

Balochistan Budget Surplus Rises to Rs51.5 Billion

ISLAMABAD: The Balochistan government has raised its budget surplus for the fiscal year 2025–26 to Rs51.5 billion after revising allocations…
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