Owing to impact of oil prices in international market, the prices of high-speed diesel (HSD), kerosene and light diesel oil (LDO) are estimated to increase by about Rs4 to Rs5 per litre on New Year’s Eve, for the first fortnight of 2025. However, informed sources said, the ex-depot price of petrol was estimated to be range-bound, swinging either way with a Re1 per litre change, depending on fin
Finance Minister Muhammad Aurangzeb said the country’s economy has been put on the right track, with inflation reduced to five per cent, and called on stakeholders to reach a consensus on key economic issues to ensure sustainable stability. Speaking to reporters at his residence in Judgewala Chak, Kamalia, on Sunday, the minister said that rice exports had increased, and remittances, which sto
Asia shares eased in holiday-thinned trade on Thursday, trimming some of their gains from earlier in the week, while the dollar rose alongside US Treasury yields. As the year-end approaches, trading volumes have begun thinning out and the main focus for investors remains the Federal Reserve's rate outlook. Markets in Hong Kong, Australia and New Zealand were closed for a holiday on Thursday.
National and international companies displayed their hi-tech construction machinery, modern and stylish products under one platform at Pakistan's premier construction industry event "Property Asia" held on the third and concluding day of the 18th Build Asia International Exhibition and Conference at the Expo Centre Karachi. Visitors were astonished to see such state-of-the-art machinery. It led
China revised upwards on Thursday the size of its economy by 2.7%, but said the change would have little impact on growth this year, as policymakers pledged more stimulus to spur expansion in 2025. Policy support late this year has set the world's second-largest economy on track for a growth target of "around 5%" as activity warmed slightly, but challenges such as potential US tariff hikes stil