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…
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The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, US, May 5, 2019. — ReutersISLAMABAD: The oil refining sector is facing growing strain due to escalating global costs and uncertainty in policy, raising concerns among industry stakeholders…
Govt to reinvest most of bidding proceeds in PIA
An image of a Pakistan International Airlines plane. — APP/FileGovt to invest 92.5% of bidding proceeds back into PIA: PM’s aide.PIA to need additional Rs80bn after privatisation for stabilisation.M Ali says Rs33bn in liabilities, other major hurdles removed.
ISLAMABAD:…
From ingredient costs to sagging demand, tariffs further pinch company earnings
A trader works, as screens broadcast a press conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the NYSE in New York, US, July 30, 2025. — Reuters
Global companies so far project $15 bln tariff hit in 2025.S&P 500…