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Web Desk Karachi
Jan 27, 2025

FBR Chairman defends purchase of 1,010 vehicles amid Senate objections

This announcement follows objections raised by the Senate Standing Committee on Finance and Revenue regarding the FBR’s plan to acquire new vehicles.

Business

Web Desk Karachi
Jan 27, 2025

SECP mandates unlisted companies to publish audited financial reports on PSX portal

In its directive, identified as number 2 of 2025, the SECP aims to enhance transparency and provide the general public and investors with a clearer picture of the performance of licensed companies.

Business

AFP
Jan 27, 2025

European Central Bank to cut rates again, with a nervous eye on Trump

The European Central Bank is expected to cut its benchmark deposit rate by a further quarter point to 2.75 percent on Thursday, its fourth reduction in a row.

Business

Reuters
Jan 27, 2025

Oil prices fall over 1 per cent after Trump urges OPEC to cut prices

Oil prices fell more than 1 per cent on Monday after US President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost US oil and gas output.

Business

Reuters
Jan 27, 2025

JLR to invest $80 million to meet demand for custom luxury car colours

The luxury car maker joins rival Rolls-Royce Motor Cars, a unit of BMW (BMWG.DE) in trying to cash in on the trend.

Business

Reuters
Jan 27, 2025

Universal Music Group and Spotify strike new agreement

The publishing agreement establishes a direct license between Spotify and UMG across Spotify’s current product portfolio in the US and several other countries, they said in a statement.

Business

Web Desk Karachi
Jan 27, 2025

Pakistan’s non-textile exports surge 12.83pc in 6MFY25

The non-textile export sector saw a remarkable rise of 24.95%, totaling $14.02 billion in FY24, up from $11.22 billion the previous year.

Business

Web Desk Karachi
Jan 27, 2025

World Bank mission to visit Pakistan to bolster power transmission projects

The project is part of a larger initiative to strengthen Pakistan’s transmission sector, which has been identified as a priority area for development.

Business

Web Desk
Jan 27, 2025

OGRA increases gas price for captive industry, effective February 2025

The Oil and Gas Regulatory Authority (OGRA) has announced a change in the gas sale price for the General Industry (Captive) category.

Business

Reuters
Jan 27, 2025

Gold retreats from near record highs as US dollar strengthens

Gold prices dipped on Monday pressured by a firmer US dollar, while investors focussed on the Federal Reserve’s first meeting of 2025 for more guidance on the US interest rate path.