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Aamir Shafaat KhanDawn Business |
KARACHI: Prices of essential commodities are showing a mixed trend a week before Ramazan unlike the same period of last year when most items had shot...
KARACHI: The 10-gram and one-tola gold rates on Wednesday hit an all-time high of Rs264,060 and Rs308,000, showing a jump of Rs3,258 and Rs3,800,...
KARACHI: The downward trend in the interest rates has pushed up auto financing to Rs241.6 billion in January from Rs235.45bn in December 2024, data...
KARACHI: As Ramazan approaches in less than 15 days, the drop in international prices has led to lower rates for some varieties of pulses in both...
KARACHI: Just two weeks ahead of Ramazan, tomato prices have crashed due to a bumper crop leading to an oversupply, offering relief to consumers...
THE cut in the interest rate to 12 per cent from 22pc in June 2024 is reviving auto financing at a snail’s pace as either the monthly instalments...
KARACHI: In continuation of a record-setting spree, the local one-tola gold bar price crossed the benchmark of Rs300,000 on Friday for the first time...
KARACHI: The price of one tola of gold reached closer to Rs300,000 on the back of all-time high international prices due to the looming uncertainty...
As the local bus assemblers have already been struggling hard to revive their sales amid ongoing imports of new buses, the Sindh government has...
KARACHI: Gold continued to record on Saturday with prices of 10 grams and one tola, reaching another historic high. The rising price has also made the...
KARACHI: Business leaders vehemently opposed the State Bank of Pakistan’s (SBP) decision to reduce the interest rate by 100 basis points to 12 per...
KARACHI: The overall import bills for vehicles and their spare parts have surged simultaneously of late. The stakeholders are, however, divided on the...
KARACHI: Trade and industry leaders appear divided on a possible cut in the interest rate on Monday as some believe that the State Bank of Pakistan...
KARACHI: Planning and Development Minister Ahsan Iqbal has assured the foreign investors of consistency in the policies to make Uraan Pakistan...
KARACHI: The auto financing slightly rose to Rs235.454 billion in December 2024 from Rs234.6bn in the preceding month. Auto financing turned negative...
KARACHI: Despite the absence of sales numbers by Saazgar Engineering Works Ltd, the entire auto sector, barring the tractor segment, showed robust...
KARACHI: Deputy Prime Minister and Foreign Minister Ishaq Dar has said that trade barriers are significant impediments to regional growth, as South...
KARACHI: With bilateral trade below $1 billion, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is leading an exporters’...
KARACHI: While already struggling under high food inflation and utility bills, consumers face another challenging experience of paying exorbitant...
KARACHI: Businessmen from all strata have welcomed the Uraan Pakistan initiative as a roadmap for reform and transformation, but cautioned that...
KARACHI: Representatives of trade and industry appear to be divided over the country’s economic indicators during 2024 as some believe that...
KARACHI: The commissioner of Karachi has reduced the prices of various varieties of flour but retailers, instead of implementing the new rates, are...
Stakeholders in the auto sector, who introduced both locally assembled and imported pure electric vehicles (EVs), hybrid electric vehicles (HEVs)...
MOHAMMAD Altaf is not convinced by the government’s claim that inflation is declining; the daily wage labourer insists that a mere decline in flour...
KARACHI: After two months of improvement, auto financing dipped to Rs234.6bn in November from Rs236bn in October, according to the State Bank of...
KARACHI: The branded ghee and cooking product manufacturers have raised prices despite a bearish trend in palm oil import costs. A retailer said...
KARACHI: Barring foreign investors and multinational companies (MNCs), the State Bank’s decision to cut the interest rate by 200bps to 13pc on...
Even as the draft of the New Energy Vehicle Policy (NEVP) 2025-2030 predicts a 30 per cent share of new electric vehicles by 2030, 90pc by 2040,...
KARACHI: Despite a month-on-month sales drop in November, car sales during 5MFY24 clocked in at 38,534 units, rising 50 per cent from 25,746 units...
Despite security concerns for Chinese nationals in Pakistan, investment from China in the automobile sector has picked up recently. All eyes are...
KARACHI: Amid a record stock market rally, receding food inflation, low current account deficit and improving foreign investment, trade and...
KARACHI: Auto financing increased for the second consecutive month by 3.7 per cent month-on-month to Rs236 billion in October compared to...
KARACHI: The draft of the National Electric Vehicle Policy (NEVP) 2025-30, which includes substantial tax breaks for imports, aims to transform the...
KARACHI: The Federal Board of Revenue’s (FBR) decision to fix the minimum retail price (MRP) of tea at Rs1,200 per kg for levying sales tax would...
KARACHI: Amid a continuous downturn in demand for tractors, the sales of cars, LCVs, pickups and vans clocked in at 13,108 units in October, up by...
KARACHI: Business leaders have raised concerns about the impact of the five-day workweek observed by the government departments, the State Bank of...
KARACHI: The local gold prices on Thursday witnessed a drastic fall of Rs4,630 per 10-gram and Rs5,400 per tola on Thursday, as international...
KARACHI: Businessmen are initially delighted over Donald Trump’s win in the US election, hoping that Pakistan is likely to benefit in case the US...
KARACHI: Businessmen on Monday appeared unsatisfied with the 250 basis points cut in interest rate by the State Bank of Pakistan (SBP), terming the...
KARACHI: The launch of expensive hybrid electric vehicles (HEVs) and electric vehicles (EVs) back-to-back by old and new entrants suggests that the...
KARACHI: Iranian and Afghan onions and tomatoes have entered local markets as domestic supply shortages push demand higher. Traders are charging...
KARACHI: Indus Motor Company Ltd (IMC) on Monday announced the temporary suspension of production activities from Oct 29-31 due to a parts...
KARACHI: The manufacturers of essential foreign items in Pakistan have not experienced significant declines, unlike foreign soft drink, mineral...
KARACHI: Despite government assertions of a downward inflationary trend, the prices of essential kitchen items like flour, ghee, and cooking oil...
KARACHI: The 10-gram and one-tola gold rates (24kt) on Saturday continued to post new records as they surged to Rs241,598 and Rs281,800,...
KARACHI: After 27 months, auto financing showed a positive trend as easing interest rates revived demand for car loans in September. As per data...
KARACHI: In contrast to the introduction of the eagerly awaited locally assembled petrol-driven 660cc Suzuki Every Saturday after the...
KARACHI: Despite hopes of economic recovery following the IMF’s $7 billion bailout package, several industrial sectors are either shutting down...
KARACHI: After the Khyber Pakhtunkhwa government imposed a two per cent infrastructure cess last month, industries face another challenge as the...
While electric vehicles (EVs) have already made deeper inroads in various countries, consumers in Pakistan are still using around four decades old...
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