Petrol prices set for major hike from tonight | The Express Tribune

ISLAMABAD: The government is poised to increase petroleum product prices from July 16, with petrol expected to go up by Rs7.67 per litre, high-speed diesel by Rs3.72 per litre, and kerosene by Rs2.73 per litre. According to Express News, a proposal to raise the levy on petroleum products has been prepared and is awaiting final […]

Islamabad, Beijing set focus on ‘upgraded version’ of CPEC

Chinese Foreign Ministry spokesperson Lin Jian addresses the briefing on June 11, 2024, in Beijing. — Screengrab/Chinese Foreign Ministry The Chinese Ministry of Foreign Affairs said Tuesday that an “upgraded version” of the multi-billion project — China-Pakistan Economic Corridor (CPEC) — was the “centre” of bilateral talks with Islamabad during the recent visit of Prime […]

Solar power tariff: Minister says IMF didn’t set condition for gross metering

A man wipes the dust off solar panels he recently installed on the roof of his home in Larkana, in Pakistan’s Sindh province, June 28, 2017. — Reuters Amid panic in solar panels market, Federal Minister Awais Khan Leghari Tuesday demystified the controversy around net metering for consumers using solar power. “Unfortunately, an unwarranted panic […]

UBL regional office to be set up in Karachi’s Naya Nazimabad

UBL logo seen on the bank’s building in this undated image. — UBL website/file KARACHI: A new regional office of the United Bank Limited (UBL) — a leading bank of Pakistan, is set to be established in Karachi’s Naya Nazimabad, on an area of 14,092 square yards.  The bank has acquired a commercial plot to build […]

Dubai set to launch flying taxis, cutting travel time tremendously

Dubai inks MoU with South Korea to launch flying taxis, driverless cars. — Khaleej Times/File After the announcement of the new Al Maktoum International Airport, Dubai’s Roads and Transport Authority (RTA) has signed an agreement with the Seoul Metropolitan Government, on Tuesday, to boost collaboration on flying cars and self-driven vehicles, Khaleej Times reported. The […]

FinMin Aurangzeb set to chair ECC after body’s reorganisation

Finance Minister Muhammad Aurangzeb. — HBL/File ISLAMABAD: Finance Minister Muhammad Aurangzeb is set to lead the Economic Coordination Committee (ECC) as the key body’s chairman following its reorganisation by Prime Minister Shehbaz Sharif on Sunday.  The body, whose reshuffling has been notified, will comprise of ministers for finance, economic affairs, commerce, power, petroleum and planning, development and special […]

Here’s how you can set, achieve your financial goals for 2024

Coins stacked up in this representational image. — Pixabay Money is a vital aspect of life, but whether less or more, managing it can be challenging and can cause financial anxiety. This situation, however, can be fixed with seamless and strategic financial planning, which is an ongoing process that examines every aspect of your financial […]

SBP all set to replace currency notes in circulation | The Express Tribune

KARACHI: In a move aimed at curbing corruption and enhancing security features, the State Bank of Pakistan (SBP) has announced plans to replace almost all currency notes currently in circulation starting February 2024. Speaking to journalists ahead of the monetary policy press conference on Monday, SBP Governor Jameel Ahmad outlined the central bank’s strategy for […]

Govt set to pay $27.5b debt by Nov | The Express Tribune

KARACHI: The central bank has reported that Pakistan has to pay $27.47 billion in foreign debt and interest cost over one year till the end of November 2024 and arrangements have already been made to pay a large proportion of the debt under the IMF loan programme. Talking to The Express Tribune, Optimus Capital Management […]

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