Trending Now: Latest global updates, business news, technology stories, sports headlines, and more.

Rs0.71/unit cut likely in Jan bills

[ CPPA seeks NEPRA approval for Nov fuel charge refund; hearing scheduled for Dec 31 Prior approval to NEPRA K-electric consumer may seen a huge relief over electricity bills. PHOTO: FILE ISLAMABAD: Power consumers may enjoy a relief in their upcoming electricity bills following a reduction of up to Rs0.71 per unit in tariff on … Read more

Govt explores Djibouti route for Africa trade

[ LAHORE: Pakistan’s Ambassador to the Republic of Djibouti, Aqsa Nawaz, visited the Lahore Chamber of Commerce and Industry (LCCI) and met with LCCI President Faheemur Rehman Saigol. According to a statement issued on Tuesday, the discussion focused on tapping new export markets in Africa through Djibouti and assessing trade potential for Pakistani products. Speaking … Read more

Stocks pause amid profit-taking at highs

KARACHI: The Pakistan Stock Exchange (PSX) paused on Tuesday after touching a record high above the 170k barrier a day ago as early optimism vanished because of profit-taking by investors at elevated levels, pushing the benchmark index down by 294 points. Initially, investors cheered a 50-basis-point reduction in the central bank’s policy rate, which lifted … Read more

Govt weighs GMO maize adoption

[ . ISLAMABAD: The government is considering the regulated adoption of genetically modified (GMO) maize to improve agricultural productivity and strengthen exports, officials said on Tuesday. Federal Minister for National Food Security and Research Rana Tanveer Hussain chaired a meeting with a delegation from Rafhan Maize Products Company Limited and other stakeholders to discuss policy … Read more

Azerbaijan open to investing $2b

[ Finance Minister Muhammad Aurangzeb is interviewed during the G20 Finance Ministers and Central Bank Governors’ Meeting at the IMF and World Bank’s 2024 annual Spring Meetings in Washington. PHOTO: REUTERS ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Tuesday said Pakistan and Azerbaijan were working to translate their strong relations into … Read more