A technician works on porcelain insulators on power transmission tower in Karachi. — Reuters/FilePrice cut applies to April-June 2025 adjustment.Consumers to receive Rs55.87bn relief in bills.Tariff cut valid from August to October 2025.ISLAMABAD: The National Electric…
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Gold hits record high on Fed rate-cut bets; silver scales fresh peak
Gold bracelets are displayed inside a gold shop in Bangkok’s Chinatown, Thailand, October 9, 2025. — Reuters
Gold hits all-time high of $4,391.92.Silver hits record high of $69.23/oz.Platinum hits over 17-year high.
Gold prices surged to a record…
‘First drop of rain’: Pakistan finalises sale of First Women Bank to UAE firm
Prime Minister Shehbaz Sharif, Field Marshal Syed Asim Munir and federal ministers witness the signing ceremony of majority stake selling of First Women Bank to a UAE company on October 17, 2025. — PID
PM says privatisation of FWBL milestone in boosting UAE…
SBP chief expects broader recovery than IMF forecast
Governor State Bank of Pakistan Jameel Ahmad adrressing a press conference at State Bank of Pakistan in Karachi on July 29, 2025. — APPRecovery is broad-based despite export weakness: SBP chief.Policy rate held at 10.5% after 1,150 bps of cuts since 2024.Structural reforms…