Business & Economy

KARACHI: Prime Minister Muhammad Shehbaz Sharif on Wednesday directed authorities to speed up exports of surplus meals objects to Gulf nations whereas guaranteeing uninterrupted home provide, as Pakistan positions itself to help regional meals safety amid evolving geopolitical challenges.Chairing a high-level overview assembly on the Prime Minister’s Home, the premier emphasised the necessity for a…

Dealer is busy in buying and selling at Pakistan Inventory Change (PSX) in Karachi on Wednesday, June 4, 2025. — PPI Shares on the bourse slipped on Thursday as renewed jitters over the Center East peace monitor weighed on sentiment, after Iran’s stance raised doubts about an early de-escalation. The Pakistan Inventory Change’s benchmark KSE-100…

A representational picture of calculator and planning sheet. — Reuters Govt gives subsidy to maintain costs of petrol and diesel unchanged. Funds from Rs350bn for contingency measures getting used to supply gasoline subsidy. Funds of ministries and divisions reduce down by Rs68 billion. ISLAMABAD: The federal government has diminished the present fiscal 12 months’s improvement…

ISLAMABAD: Saudi Arabia has enhanced its monetary help to Pakistan by rising the oil provide facility on deferred funds, in response to an official doc.The doc reveals that the oil facility prolonged by Saudi Arabia has reached $800 million throughout the first eight months of the present fiscal yr, from July 2025 to February 2026.This…

A employee walks previous contained in the Asian Growth Financial institution (ADB) headquarters in Manila June 17, 2009. — Reuters  ADB says increasing emergency assist amid Mideast battle.   Lender carefully monitoring international market developments, says Kanda. ADB president says has ample assets to safeguard operations.  MANILA: The Asian Growth Financial institution (ADB) on Tuesday…

Finance Minister Muhammad Aurangzeb chairs a gathering of the committee to watch petrol costs, March 24, 2026. — X/@Financegovpk Minister directs authorities to proceed monitoring of shares. Assembly critiques power provide state of affairs, world oil markets. Pakistan plans further shipments to spice up provide buffers. Pakistan has “largely secured” petrol cargoes for March and…

ISLAMABAD: The federal government has slashed the event funds by Rs100 billion, or one-tenth, to pay for gas subsidies, choosing the “best prey” as an alternative of utilising contingency budgetary allocations earmarked for such unexpected occasions. The utmost lower of Rs22.3 billion has been positioned within the funds of the Nationwide Freeway Authority (NHA), adopted…

Labourers stroll on a abandoned road throughout a lockdown in Karachi, March 24, 2020. — AFP Asian nations scrambling to reply to gas shortages. South Korea considers work-from-home insurance policies. Philippines reduces work week for some public places of work. Nations throughout Asia, together with Pakistan, are weighing work-from-home insurance policies and stimulus measures enforced…

Derailments shake public confidence; travellers await upgraded tracks, signalling methods LAHORE: Pakistan Railways is celebrating report passenger revenues, however a string of latest derailments is elevating uncomfortable questions on whether or not monetary features are outpacing security reforms on the bottom. The division earned Rs110 million on the primary day of Eid, Rs170 million on…

Ambassador (Retd) G.R. Baluch There are moments in historical past when a single digital gesture carries the load of a diplomatic sign. One such second unfolded when Pakistan’s Prime Minister Shehbaz Sharif publicly supplied to host peace talks between Iran and the United States-and the message was subsequently amplified by President Donald Trump, who reposted…