News Archives for Business & Finance - 2025-08-02

<<>>

Business & Finance - 2025-08-02

Business & Finance

PSM’s cumulative loss reaches Rs600bn, it pays Rs20bn annual interest: chairman

Govt considering to revive PSM or liquidate it, Senate body told

Published 02 Aug, 2025 06:48pm

Commodities

Gold price per tola gains Rs6,100 in Pakistan

Gold prices in Pakistan increased on Saturday in line with their gain in the international market. In the local...

Published 02 Aug, 2025 04:19pm

Business & Finance

Romania offers Constanța Port as gateway for Pakistani exports to Europe

Romania has proposed the use of its Port of Constanța to provide Pakistan direct access to European markets via the...

Published 02 Aug, 2025 02:54pm

South Asia

India will continue to buy Russian oil, government sources say

India will keep purchasing oil from Russia despite U.S. President Donald Trump’s threats of penalties, two Indian...

Updated 02 Aug, 2025 04:08pm

Cotton & Textile

PTC warns FBR’s new amendments will cripple Pakistan’s textile exports

The Pakistan Textile Council (PTC), a not-for-profit research and advocacy platform, has raised concerns over recent...

Published 02 Aug, 2025 02:18pm

Technology

Pakistan, Kyrgyzstan agree to deepen crypto and blockchain ties

In a key development on the digital currency front, Pakistan and Kyrgyzstan have agreed to enhance cooperation in...

Published 02 Aug, 2025 01:52pm

Technology

AI policy can revolutionize Pakistan’s economy, say experts

'We must act decisively, cut red tape, and deliver early wins that demonstrate credibility,' said one expert

Published 02 Aug, 2025 12:14pm

Business & Finance

IT minister hails Agri Stack as transformative platform

ISLAMABAD: Federal Minister for IT and Telecommunication Shaza Fatima Khawaja hailed the Agri Stack as a...

Published 02 Aug, 2025 08:27am

Industry

Imported, local cars: Govt, PAMA agree on equal safety standards

ISLAMABAD: The government and the Pakistan Automotive Manufacturers Association (PAMA) have agreed upon equal safety...

Published 02 Aug, 2025 08:14am

Business & Finance

No developed framework yet to deploy large workforce in Belarus

ISLAMABAD: The Bureau of Emigration and Overseas Employment (BE&OE) has not developed any framework to assess ...

Published 02 Aug, 2025 08:09am

Energy

OGDCL installs ESP to enhance production in Chakwal

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has enhanced production at its Rajian well-05 in...

Published 02 Aug, 2025 08:04am

Business & Finance

PHMA criticises decision for maintaining key policy rate at 11pc

LAHORE: The Pakistan Hosiery Manufacturers and Exporters Association (PHMA) on Friday criticised the decision of the...

Published 02 Aug, 2025 07:50am

Industry

SECP launches strategic steps to transform mutual funds industry

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has taken several strategic initiatives to...

Published 02 Aug, 2025 07:46am

Business & Finance

SECP warns public against investment scheme of ‘MAG Ventures’

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has identified a prima facie fraudulent...

Published 02 Aug, 2025 07:39am

Pakistan

Transfers, postings in FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has undertaken the transfer and posting of officers in BS-17, BS-18,...

Published 02 Aug, 2025 07:11am

Money & Banking

Dollar strong as Trump imposes new tariff rates

TOKYO: The dollar headed for its best week in almost three years against its major peers, maintaining momentum on...

Published 02 Aug, 2025 06:51am

Business & Finance

FBR revises concessions under export facilitation scheme

LAHORE: The Federal Board of Revenue (FBR) has revised the concessions under the Export Facilitation Scheme (EFS),...