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Pakistan

Web Desk
Aug 08, 2025

Lingering costs of conflict: PIA reports Rs4.1 billion loss

PIA has suffered losses from similar measures in 2019 too, when the Pakistan Airports Authority lost over Rs7 billion in overflying revenue.

Pakistan

Web Desk
Jul 10, 2025

Power sector reduced losses by Rs192b, says Leghari

Leghari also said that the scale of power sector losses had been a matter of concern for the Prime Minister and the federal cabinet.

World

Web Desk
Jul 06, 2025

India still denies Operation Sindoor losses; fails to honor its dead or wounded

While India did not recognise Operation Sindoor losses, internal pressure has forced the military to award honors to some of the dead.

Pakistan

Anwar Zeb
Jul 03, 2025

KP tourism dept incurs Rs100 million losses

Tourism department says that the Khyber Pakhtunkhwa government had decided to outsource government rest houses in 2022.

Pakistan

Abobakar Khan
Feb 12, 2025

Tax exemptions to IPPs, corruption cost power sector billions

Minister for Power Owais Leghari says negotiations under way to revise agreements with other IPPs and people will soon see impact on their monthly bills

Business

Web Desk
Oct 01, 2024

Political uncertainty drags PSX down by nearly 200 points

Market analysts attributed the decline to government policies for IPPs, as well as concerns over a potential tax shortfall.

Pakistan

Web Desk
Sep 18, 2024

Pakistan Railways’ only track maintenance machine breaks down

The machine has been non-functional for some time, with workers worrying that the lack of timely repairs is worsening its condition.

Business

Web Desk
Jun 07, 2024

Stock market down nearly 2,000 points

The market’s downward trend is largely attributed to investor concerns over potential increases in Capital Gains Tax (CGT) and dividend tax in the upcoming fiscal year 2024-25 budget.

Pakistan

Web Desk
Jan 18, 2024

Pakistani rupee goes up marginally against US dollar in interbank

Pakistan last week requested the UAE for the rollover of $2 billion deposit to avert depletion in foreign exchange reserves of the country.

Business

Web Desk
Dec 27, 2023

IESCO counters losses amidst rising theft of transformers, cables

IESCO’s management, in collaboration with concerned SDOs (Sub-Divisional Officers), has initiated legal actions against thieves who are stealing transformers and cables.