A cargo ship carrying crude oil can be seen at the Karachi Port Trust in this photograph taken on June 11, 2023. — AFP Vessel carrying one million barrels of WTI crude reaches Hub.This is largest crude oil vessel ever received by Pakistani port.Second cargo is expected to…
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PSX remains under pressure amid rising oil prices, rate hike fears

Broker is busy in trading at Pakistan Stock Exchange in Karachi on Thursday, October 17, 2024. — PPI
The Pakistan Stock Exchange remained under pressure on Friday as rising international oil prices amid the US-Iran conflict raised concerns over higher domestic fuel…
Govt seals Rs1.225tr deal to cut circular debt

A representational image of a transmission tower, also known as an electricity pylon. — AFP/FileAgreement restructures loans, provides fresh financing for power payments.Innovative plan repurposes surcharge, avoids extra burden on consumers.Concessional rates, sovereign guarantee…
PM seeks austerity, savings strategy to tackle global economic pressures

Prime Minister Shehbaz Sharif chairs federal cabinet meeting in Islamabad, February 18, 2025. — PIDCommittee asked to submit recommendations within 48 hours.KP enforces fuel conservation, suspends non-essential travel.PM orders crackdown on hoarding, artificial petrol shortages.<p…
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