Business
PM Shehbaz announces Rs4.4 cut in electricity rates for industries
<p>Prime Minister Shehbaz Sharif on Friday announced a Rs4.4 reduction in the per unit rate of electricity for the industrial sector in a bid to improve productivity and exports.</p>
<p>The premier stated this during an address to the country’s major
Business
KSE-100 rebounds 1746.78 points during intraday trading
<p>Pakistan benchmark index, KSE-100, rebounded slightly on Friday morning by 1746.78 points after <a href="https://www.dawn.com/news/1969713/kse-100-sheds-over-6000-points">shedding</a> 6131.53 points on Thursday.</p>
<p>The benchmark index hit 184,
Business
Uplift AI announces $3.5m funding
<p>When Hammad Malik built a simple Urdu WhatsApp bot and gave it to his driver to try out, he didn’t expect 800 people to be using it within two days. That early experiment showed him that millions of Pakistanis are excluded from digital services be
Business
Power bills to bite harder
<p>ISLAMABAD: The Central Power Purchasing Agency (CPPA) on Thursday reported that power consumers across the country would be paying Rs1.41 per unit higher fuel charges in February bills than in the current month, as industrialists said the base ele
World
Suspected jihadists attack airport near Niger's capital
Niger's defence ministry said four military personnel were injured and 20 attackers killed in the incident.
Business
EU-India deal a wake-up call, say exporters
<p>KARACHI: Exporters and analysts fear that the EU-India Free Trade Agreement (FTA) will pose serious challenges to Pakistan’s export base and hurt its textile exports.</p>
<p>An office-bearer of a traders’ association said India “has now opened an
Business
KP seeks Centre’s help amid loss of revenue due to border closure
<p>ISLAMABAD: The continued closure and <a href="https://www.dawn.com/news/1963939">suspension</a> of trade at the Pak-Afghan border since October has led to a 53.02 per cent decline in revenues of the Khyber Pakhtunkhwa government, prompting the pro
Business
AD Ports to review cargo charges
<p>ISLAMABAD: The Abu Dhabi (AD) Ports Group on Thursday agreed to review the terminal cargo handling charges in response to Pakistan’s demand to cut them.</p>
<p>The government has formed a committee to negotiate the cargo handling charges with the
Business
NA panel seeks PM’s intervention to resolve potato crop crisis
<p>ISLAMABAD: The National Assembly’s standing committee on national food security and research sought the intervention of Prime Minister Shehbaz Sharif for resolution of potato crop<a href="https://www.dawn.com/news/1965543"> crisis </a>and requesti
Business
Petrol tax hike on cards to offset diesel price rise
<p>ISLAMABAD: The government may have to increase the tax on petrol again if it were to minimise the estimated Rs10 per litre hike in diesel prices later this week to keep inflation in check. </p>
<p>Informed sources said benchmark crude prices had
Business
Meltdown on PSX: index plunges over 6,000 points
<p>KARACHI: Equity prices fell like ninepins on Thursday as the Pakistan Stock Exchange (PSX) came under intense selling pressure, driven by escalating geopolitical tensions and a negative corporate earnings surprise that unnerved investors.</p>
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Business
Power bills to bite harder in February; govt working on incentive tariff package
<p><a href="https://www.dawn.com/news/1969804">https://www.dawn.com/news/1969804</a></p>
Business
National Assembly panel seeks detailed report on PIA accord, employee safeguards
<p><a href="https://www.dawn.com/news/1969843/deal-signed-to-officially-put-pia-under-new-management#:%5C~:text=NA%20body%20seeks%20details">https://www.dawn.com/news/1969843/deal-signed-to-officially-put-pia-under-new-management#:\~:text=NA%20body%2
Business
AGP audit observations cannot be used against taxpayers: Supreme Court
<p>ISLAMABAD: The Supreme Court on Thursday ruled that audit observations by the Auditor General of Pakistan against government entities of the federal or provincial governments cannot be used by tax authorities to initiate audit proceedings against
World
Man accused of impersonating FBI agent in bid to free Luigi Mangione
He allegedly told jail officers that he had paperwork "signed by a judge" to free the accused killer, a complaint states.