Pakistan Economy

ISLAMABAD: The government on Wednesday announced plans to introduce an optional multi-tariff time-of-use (ToU) mechanism for industrial consumers to improve...

The State Bank of Pakistan (SBP) on Tuesday cancelled the licences of two exchange companies over regulatory breaches. In a...

SYDNEY: The Australian dollar held steady on Wednesday, supported by improved global risk sentiment following a decline in oil prices,...

SINGAPORE: Currency markets showed little movement in early Asian trading on Wednesday, as investors remained cautious about Donald Trump’s efforts...

Oil prices declined by around 4% on Wednesday as expectations of a possible ceasefire in the Middle East raised hopes...

Gold prices in Pakistan surged on Thursday, tracking gains in the international market. In the local market, the price of...

LAHORE: The Oil Marketing Association of Pakistan (OMAP) has called for urgent policy action, cautioning that the current Price Differential...

ISLAMABAD: The International Monetary Fund (IMF) has started discussions with Pakistani authorities for the next review of its ongoing programme,...

ISLAMABAD: In a significant move toward a competitive electricity market, the National Electric Power Regulatory Authority (Nepra) has approved the...

Oil and Gas Development Company Limited (OGDCL) announced on Wednesday that it has received Rs7.725 billion from Power Holding (Private)...