The image shows the Neelum-Jhelum Hydropower Project. — APP/FileTunnel failure inquiry continues amid repair work.Cheap hydropower missing from national grid.Draft dam safety bill has been finalised.ISLAMABAD: Pakistan’s nearly $5 billion Neelum-Jhelum Hydropower Project will…
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SBP holds policy rate at 11.5% as Mideast tensions stoke inflation fears
An undated image of the State Bank of Pakistan building in Karachi. — AFP/File
The State Bank of Pakistan on Monday kept its policy rate unchanged at 11.5%, as rising global oil prices and renewed hostilities in the Middle East fuel concerns over inflation.
The…
Oil prices surge after Trump issues Iran ultimatum
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. — Reuters
WTI crude briefly surpasses $100 per barrel; Brent reached $113.44.Prices go beyond Feb 27 levels of $67.02 and $72.48 .After Trump…
India, EU near landmark trade deal as talks conclude
India’s Prime Minister Narendra Modi greets European Commission President Ursula von der Leyen, next to India’s President Droupadi Murmu, as they arrive to attend the Republic Day parade in New Delhi, India, January 26, 2026. — Reuters
Formal signing to take six months,…