View of a Pakistan International Airlines passenger plane. — APPGovt completes first closing of PIA privatisation deal.Govt receives Rs10 billion in initial sale proceeds.Second closing remains scheduled within 12 months.The Privatisation Commission of…
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People wait their turn to get fuel at a petrol station, in Karachi, June 2, 2022. — ReutersCommittee reviews subsidy across provinces, GB and AJK.PM Shehbaz Sharif approves subsidy withdrawal decision.DPM Ishaq Dar directs improvements in data systems.
The federal…
‘Panic selling’: PSX plunges over 16,000 points amid geopolitical tensions
Pakistani stockbrokers work during a trading session at the Pakistan Stock Exchange in Karachi on June 11, 2025. — AFPKSE-100 Index closed at 151,972.99, down 16,089.17 points, or -9.57%.Index hit an intraday high of 159,328.59, down 8,733.57 points, or -7.23%.Index recorded a low…
Middle-class to bear brunt of power price hikes as industries benefit, say analysts
A worker of Peshawar Electric Supply Company climbs up a high-voltage pylon in Peshawar, Pakistan, August 7, 2017. — Reuters
Plan ends system where businesses subsidised household bills.Move may trigger 1.1 percentage point jump in inflation in year.Industrial groups say high…