Business

FPCCI unveils charter of economy to Aurangzeb

ISLAMABAD: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI), one of Pakistan's largest industrial bodies, presented a Charter of Economy to Finance Minister Muhammad Aurangzeb on Tuesday. This initiative marks a significant ste...

KSE-100 settles above 117,000

KARACHI: The buying rally at the Pakistan Stock Exchange (PSX) continued on Tuesday, with the benchmark KSE-100 Index closing above the 117,000 mark, marking a gain of over 800 points. The index surged 801.50 points or 0.69%, settling at 117,001.09,...

SBP refutes claims of banknote shortage ahead of Eid

KARACHI: The State Bank of Pakistan (SBP) on Tuesday strongly refuted claims that it is not issuing fresh banknotes ahead of Eid-ul-Fitr. The central bank issued a statement clarifying that it continues its long-established practice of providing fre...

Turkmenistan Ambassador meets Pakistan's petroleum minister to strengthen energy ties

ISLAMABAD: Ali Pervaiz Malik, the newly appointed Federal Minister for Petroleum, met with the Ambassador of Turkmenistan to Pakistan, His Excellency Mr. Atadjan Movlamov, at the Ministry today in a high-level meeting aimed at reinforcing the energy...

Haroon Akhtar addresses FPCCI on eco growth, business support

ISLAMABAD: The Special Advisor to the Prime Minister for Industries and Production, Mr. Haroon Akhtar Khan, addressed an important meeting at the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), emphasizing the government's unwaver...

FinMin reviews national health, population policy development

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, attended a crucial meeting today to review the ongoing development of Pakistan's National Health and Population Policy (NHPP) for the period 2025-34. The meeting, held...

FPCCI demands end to curtailments for 12 wind power projects with low tariff

KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has raised serious concerns over the ongoing curtailment of 12 wind power projects despite their cost-effectiveness and alignment with na...

SBP to Islamabad: No reforms, no rate cut, no growth

KARACHI: The State Bank of Pakistan (SBP) has sent a clear message to Islamabad: without substantial economic reforms, there will be no interest rate cut and no sustainable economic growth. The central bank remains firm on its stance that lowering i...

PM Shehbaz leads efforts to stabilize sugar market

ISLAMABAD: A high-level meeting of the Prime Minister Shehbaz Sharif Committee on the import of raw sugar was held under the chairmanship of Federal Minister for National Food Security & Research, Rana Tanveer Hussain. The meeting, attended by M...

Pakistan car sales decline 29% MoM in Feb 2025

KARACHI: Car sales in Pakistan fell 29% month-on-month (MoM) in February 2025 to clock in at 12,084 units, as compared to the previous month. However, on a year-on-year (YoY) basis, February sales recorded a 24% rise, as per data from the Pakistan A...

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Police registers case against TLP leadership, workers under terrorism charges

LAHORE: At least five people, including a police officer, three Tehreek-e-Labbaik Pakistan (TLP) workers, and a passerby, were killed as law enforcement agencies carried out a major pre-dawn operation in Muridke on Monday to disperse what officials d...

PM Shehbaz lauds Trump as 'man of peace'

EGYPT: Prime Minister Shehbaz Sharif on Monday described US President Donald Trump as a "genuine man of peace", who had worked relentlessly and untiringly to end global conflicts, including the war in Gaza. Standing with the US president and other gl...

SSP Central and Community Police meet to discuss new security measures

KARACHI: SSP District Central Zeeshan Shafiq Siddiqui met with officials of Community Police Karachi (CPK) Nazimabad at his office yesterday. The meeting was attended by CPK Chief Aqeeq Iqbal, Deputy Chief Hammad, and other representatives. During th...

Pakistani youth to get training in IT skills

ISLAMABAD: If you’re an engineer completing your four-year bachelor's programme and enter the industry, companies are frustrated you have no experience. But now, Huawei and the Pakistan government are trying to fill this gap by training 300,000...
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