A man counts Pakistani rupee notes at a currency exchange shop in Peshawar, Pakistan September 12, 2023. — ReutersDUBAI: The United Arab Emirates emerged as the largest source of remittances to Pakistan in February, with overseas Pakistanis sending about $696 million, overtaking…
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PSX sees turbulent trading with wide intraday swings
A broker talks on phone as he looks at an index board showing the latest share prices at the PSX in Karachi on February 10, 2023. — AFP
The equity market witnessed a volatile session on Friday, with the benchmark index fluctuating sharply.
The Pakistan…
Energy costs this year to hit highest since Ukraine invasion: World Bank
Smoke and steam billow from Belchatow Power Station, Europe’s largest coal-fired power plant powered by lignite, in Kleszczow, Poland. — Reuters/FileEnergy costs likely to surge up to 24%: WB.War severely hit global economies: economist.WB says metal cost expected to hit all-time…
Nepra rate review could push power bills higher in 2026
A technician fixes new electricity meters at a residential building in Pakistan, in this undated photo. — AFP/FileBenchmark will serve as a key reference for tariffs.Regulator questions data, calls CPPA submission incomplete.Business groups warn proposal will keep energy…