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BUSINESS
Major US Oil Firms Achieve Historic Profit Milestones
Record US oil production drove Exxon and Chevron's Q3 profits, despite pressure from declining margins.
Wheat production target set 33.58 mln tons to cater national requirement
ISLAMABAD: Contrary to the estimates of provincial governments, the Federal Committee on Agriculture (FCA) has proposed the Wheat production target at 33.58 million tons to meet the national requirement of one year.
The committee met…
Tax Collection Shortfall: FBR Misses Target by Rs. 192 Billion
ISLAMABAD, November 1, 2024: The Federal Board of Revenue (FBR) has reported a substantial shortfall in tax revenue, collecting Rs. 3,440 billion in the first four months of the fiscal year 2024-25, which is Rs. 192 billion below the target…
PM Shehbaz Sharif Meets Qatari Business Leaders to Strengthen Economic Ties
PM Shehbaz Sharif Meets Qatari Business Leaders to Strengthen Economic Ties
DOHA, November 1, 2024: Prime Minister Muhammad Shehbaz Sharif emphasized Pakistan's investment potential in key sectors such as energy, infrastructure, and…
Pakistan Seeks to Strengthen Trade Relations with Maldives
Pakistan's High Commissioner emphasizes the potential to increase the $8–9 million trade with the Maldives.
Shehbaz Sharif Meets Saudi Investment Minister, Discusses Economic Collaboration
ISLAMABAD, October 30, 2024: Prime Minister Muhammad Shehbaz Sharif met with Saudi Investment Minister Engr. Khalid bin Abdulaziz Al-Falih and Advisor at the Saudi Royal Court Mohammad Bin Mazyad Al-Tuwaijri in Riyadh on Wednesday to…
Pakistan economy shows robust recovery in October : Economic update suggests
Islamabad (Newsman): Economic Update released here by Finance ministry on Wednesday suggests Pakistan remained on track of recovery due to robust output of its major sectors including agriculture and large scale manufacturing (LSM) . The…
Thar Coal Can Cut Gas Costs by 60%
Lahore: Gasifying Thar coal can produce a more economical and dependable energy source, cutting gas prices by 60% from the present $20 per million British thermal units (for imported gas) to $8 per mmBtu.
Former Pakistan Science…
Rupee Declines as Dollar Strengthens
Karachi: Due to the dollar's strengthening versus other major currencies globally, Pakistan's currency lost Rs 0.04 to Rs 277.68 against the US dollar on Monday's interbank market, primarily undoing Friday's gains.
Over the weekend, the…
Pakistan identifies 10 energy projects for Saudi’s investment
ISLAMABAD, 29 October 2024: Pakistan has identified ten power related projects including smart grids, high capacity transmission lines and large scale battery energy storage system for seeking investment from Saudi Arab, sources claimed.…
