A trader works, as a screen broadcasts a news conference by US Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange in New York City, US, December 10, 2025. — ReutersQuarter-point cut takes rates to 3.5–3.75%…
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Pakistan ‘signs Rs1.275tr financing deal’ to ease power debt today
This undated image shows a view of power grid towers. — Reuters/File
PM Shehbaz joins signing ceremony virtually from New York.Loan to retire legacy debts, no burden on exchequer. Move seen as key step to stabilise power sector.
Govt cuts diesel price by Rs32 per litre following drop in int’l oil rates
Employees at a fuel station attend to their customers in Islamabad on February 16, 2022. — AFP/FileNew diesel price set at Rs353.43 per litre.Petrol to remain unchanged for one week.Int’l oil prices drop 13% after Iran opens Hormuz.
Prime Minister Shehbaz Sharif on…
PIA privatisation reflects govt’s seriousness to shrink commercial footprint: experts
A PIA plane pictured mid flight. — AFP/File
KARACHI: Experts welcomed the long-delayed privatisation of Pakistan International Airlines saying that the move sends a powerful signal to investors that the government is serious about shrinking its commercial footprint and…