Taj Gasoline is excited to announce a long-term strategic partnership with Mobil, one of the world’s leading lubricant brands. This collaboration marks a significant milestone for both companies as they aim to set new standards in quality and innovation across both B2B and retail channels within the Taj Gasoline network. Muhammad Aslam Shaikh, Group CEO […]
According to sources, the IMF agreed to provide $1 billion in climate financing after the first quarterly economic review, expected to occur in March. Sources revealed that the climate financing will be part of the Extended Fund Facility (EFF) loan program, which will become the largest program in Pakistan’s history once approved. The economic team […]
The Consumer Prices Index reached 2.3 percent from a three-year low of 1.7 percent in the 12 months to September, the Office for National Statistics said in a statement. CPI was last at 2.3 percent in April, the ONS added in a statement, while analysts’ consensus had been for the rate to climb back to […]
As per details, the flour mill owners have jacked up the price of 80kg bags by Rs1300 in these districts. In a separate development, the Naan Bai Association has called an emergency meeting over the rate of bread (roti). Earlier, the federal government abolished a 5.5 percent advance income tax after successful talks with the […]
Bitcoin, the world’s biggest and best-known cryptocurrency, has more than doubled this year. It was last at $92,104 in Asian hours on Wednesday, having touched a record high of $94,078 just toward the end of the previous session. The Financial Times, citing two people with knowledge, said Trump Media and Technology Group (DJT.O), opening a […]
The data showed that the inflows of remittances during October were recorded at US$ 204 million as compared to US$ 168 million in September and US$ 165 million in August 2024, according to the latest data released by the State Bank of Pakistan (SBP). These accounts provide innovative banking solutions to millions of Non-Resident Pakistanis […]
The reforms, introduced last year, include the Opportunity Card, a points-based system modeled after Canada’s approach. It allows skilled workers and university graduates from non-EU states to enter Germany, study, and seek work without needing prior qualification recognition. How have the reforms worked out? Interior Minister Nancy Faeser said that the Opportunity Card has simplified […]
The greenback climbed above 156 yen for the first time since July. The euro slumped to its weakest since Nov. 2023 at $1.0546 and sterling hit its lowest on the dollar in three months at $1.2683. Higher trade tariffs and tighter immigration under the incoming Trump administration are projected to fuel inflation, potentially slowing the […]
Brent crude futures were down 6 cents, or 0.08%, at $72.22 a barrel by 0133 GMT. U.S. West Texas Intermediate crude (WTI) futures were down 13 cents, or 0.19%, at $68.30. The U.S. Energy Information Administration has slightly raised its expectation of U.S. oil output to an average of 13.23 million barrels per day this […]
According to sources, if approved, petrol prices will reach Rs. 250.96 per liter, while high-speed diesel will cost Rs. 261.05 per liter. Sources revealed that the proposed hike is attributed to the high premium on petroleum products in the global market and increased import costs. The premium on imported petroleum products has risen, prompting the […]
