Business
Get the latest updates on financial news, market trends, and corporate strategies with Day News TV’s Business section. Stay informed about global and local economic developments and make smart decisions with our concise, expert coverage.
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Nepra Calls for Review of Electricity Taxes, Uniform Tariff
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has asked the government to review Rs15.28 per unit taxes on electricity.…
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PM to Launch “Uran Pakistan” Economic Plan to Drive Growth
Prime Minister Shehbaz Sharif will unveil the highly anticipated “Uran Pakistan” economic plan in Islamabad today. This five-year, homegrown initiative…
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Pakistan Secures $300 Million Loan from UBL
KARACHI: The government of Pakistan has secured a $300 million short-term loan from United Bank Limited (UBL) to meet its…
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Federal Government Faces Rs80-90 Billion Tax Target Shortfall for December
ISLAMABAD: The federal government is bracing for a tax revenue shortfall of Rs80-90 billion in December 2024, despite recent measures…
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Saudi Arabia to Purchase 15% Shares of Reko Diq for $540 Million
In a significant development, Saudi Arabia is set to purchase 15% of the shares of the Reko Diq project for…
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Federal Government Set to Announce Petroleum Price Changes on December 31
The federal government is expected to announce new petroleum prices on December 31. Diesel and kerosene oil prices may see…
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SBP Sets December 31 as Final Deadline for Prize Bonds
The State Bank of Pakistan (SBP) has announced that holders of Rs25,000 and Rs40,000 prize bonds must redeem them by…
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Gold Rate in Pakistan Today on December 28, 2024
Gold prices in Pakistan have reached new highs today, with 24-karat gold priced at PKR 280,400 per tola. The rate…
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PIA Adds Long-Grounded ATR Aircraft to Fleet
Rawalpindi: Pakistan International Airlines (PIA) has reintroduced another long-grounded ATR aircraft into its operational fleet. A PIA spokesperson confirmed the…
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Zafar Paracha Applauds SBP’s New Framework for Exchange Companies
Karachi: Zafar Paracha, Secretary General of the Exchange Companies Association of Pakistan (ECAP), has expressed strong support for the State…
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K-Electric Proposes Rs. 4.98 Per Unit Refund to Consumers
K-Electric has submitted a request to NEPRA to approve a refund of Rs. 4.98 per unit to its consumers. This…
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China Stocks Edge Higher in Thin Year-End Trading
China stock market saw a slight uptick on Thursday, with investors navigating thin trading volumes as the year draws to…
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SBP Reserves Decline After Weeks of Growth
KARACHI: The State Bank of Pakistan (SBP) reported a drop of $228 million in its foreign exchange reserves, which fell…
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ECC Approves Rs3.7 Billion Restructuring Plan for PRAL
The Economic Coordination Committee (ECC) has approved a comprehensive restructuring plan for Pakistan Revenue Automation Limited (PRAL). The committee has…
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SECP Shuts Down Crescent Star’s Guarantee Business Over Regulatory Violations
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has ceased the guarantee business of Crescent Star Insurance Limited. The…
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Pakistan’s Foreign Reserves Fall to $16.37 Billion
Pakistan’s liquid foreign reserves dropped to $16.37 billion as of December 20, 2024. The State Bank of Pakistan (SBP) reported…
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Pakistan Sets New Milestone at Heimtextil 2025 with Record Participation
Pakistan is set to make history at Heimtextil 2025, the world’s largest home textile exhibition. Over 270 exhibitors will represent…
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Karachi: UAE Consulate Partners with Crown Group to Enhance Airport Services
In a significant step toward improving travel experiences, the UAE Consulate in Karachi has partnered with the Crown Group of…
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Finance Advisor Discusses Capital Market Reforms During PSX Visit
Capital market reforms took center stage during Advisor to Finance Minister Khurram Schehzad’s visit to the Pakistan Stock Exchange (PSX)…
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KSE-100 Skyrockets with Second-Largest Single-Day Gain in PSX History
The Pakistan Stock Exchange (PSX) rallied strongly on Monday. The benchmark KSE-100 Index surged by 4,411.27 points, closing at 113,924.41.…
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Karachi Stock Market Sees Volatile Week Amid Policy Rate Cut
After a mid-week crash, the Karachi stock market staged a partial recovery. Renewed buying interest helped the market, but the…
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Market Volatility, Rupee Stability, Dollar Strength Shape Economic Trends
During the peak of the ‘dot com bubble,’ Masayoshi Son, the founder of SoftBank, suffered a staggering $70 billion loss…
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Omore and Walls Fined Rs. 75 Million Each for Misleading Marketing
The Competition Commission of Pakistan (CCP) has imposed fines of Rs. 75 million each on Unilever Pakistan and Friesland Campina…
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