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Business
Pakistan’s Caretaker Prime Minister Pushes for Privatization of PIA Amid

by Haktaurus October 23, 2023

by Haktaurus October 23, 2023

In a bid to rescue Pakistan International Airlines (PIA) from its ongoing financial woes, caretaker Prime Minister Anwaar-ul-Haq Kakar has issued a directive to expedite the privatization process of the…
Business
Pakistani Rupee Slides Against Dollar Amid Import Pressure

by Haktaurus October 18, 2023

by Haktaurus October 18, 2023

The Pakistani rupee faced a sharp decline against the US dollar on Wednesday, succumbing to mounting import pressures, according to financial analysts. The local currency dipped by Rs3.26, marking a…
Business
Government Crackdown and Strengthening Rupee Cause Significant Drop in Gold Prices

by Haktaurus October 8, 2023

by Haktaurus October 8, 2023

In a surprising turn of events, a combination of government measures aimed at curbing speculation, a strengthening rupee, and a decline in global market rates have led to a substantial…
Business
Government Set to Increase Gas Tariff for Fertilizer Producers to Meet IMF Demand

by Haktaurus October 6, 2023

by Haktaurus October 6, 2023

Significant move aimed at addressing the International Monetary Fund’s (IMF) demands and controlling circular debt, the Pakistani government is reportedly planning to raise gas tariffs for fertilizer producers. three key…
Business
Rupee Gains Ground Against Dollar; Positive Start for Stock Exchange

by Haktaurus October 3, 2023

by Haktaurus October 3, 2023

The Pakistani Rupee continued its upward trend, rising by Rs1.01 against the US Dollar in the interbank market. The US Dollar opened at Rs285.75, down from its previous closing rate…
Business
Gwadar Port Set to Boost Business and Trade, Balochistan’s Caretaker Chief Minister Affirms

by Haktaurus September 27, 2023

by Haktaurus September 27, 2023

Gwadar, Balochistan, September 27, 2023 – Balochistan’s caretaker Chief Minister, Mir Ali Mardan Domki, expressed optimism about the impending operational status of Gwadar Port, underscoring its potential to invigorate business…
Business
Pakistan Receives Its First Shipment of Liquefied Petroleum Gas (LPG) from Russia with Iranian Assistance

by Haktaurus September 27, 2023

by Haktaurus September 27, 2023

Pakistan has received its inaugural shipment of Liquefied Petroleum Gas (LPG) from Russia, marking another milestone in the growing energy partnership between the two nations. Moscow’s embassy in Islamabad confirmed…
Business
Pakistani Rupee Surges, US Dollar Falls Below Rs290 Mark

by Haktaurus September 26, 2023

by Haktaurus September 26, 2023

In a remarkable turn of events, the Pakistani Rupee (PKR) sustained its upward surge in the interbank foreign exchange market early Tuesday, gaining an impressive Rs1.26 against the US dollar.…
Business
Benjamin Netanyahu and Elon Musk Meet, as Both Seek to Deflect Criticism

by Haktaurus September 22, 2023

by Haktaurus September 22, 2023

Israeli Prime Minister Benjamin Netanyahu and billionaire entrepreneur Elon Musk met in California to address mounting criticism and controversies surrounding their respective endeavors. The encounter took place at a Tesla…
Business
Pakistan’s Demand for Liquefied Natural Gas (LNG) Set to Triple in Five Years, Challenges Persist

by Haktaurus September 21, 2023

by Haktaurus September 21, 2023

Pakistan’s appetite for liquefied natural gas (LNG) is poised for a significant surge in the coming years, with projections indicating that the country’s demand will nearly triple within the next…

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