Oil gains on Ukraine drone attacks cutting Russian supply

Oil prices rose on Friday as Ukraine’s drone attacks on Russia’s energy infrastructure cut the country’s fuel exports. Brent futures settled at $70.13 a barrel, up 71 cents, or 1.02%.…

Wafi Energy inaugurates Pakistan’s second fuel station built with recycled plastic

ISLAMABAD  –  Wafi Energy, a Shell licensee in Pakistan, inaugurated the country’s second retail station constructed using recycled plastic, marking another milestone in its commitment to drive sustainable solutions in…

Experts call for inclusive, transparent reforms in Pakistan’s power sector planning

ISLAMABAD  –  Experts and speakers at a consultative dialogue said that Pakistan’s recently introduced drafts Indicative Generation Capacity Expansion Plan (IGCEP) and Transmission System Expansion Plan (TSEP) 2025-35 need to…

CCoRR endorses major regulatory reform package to boost ease of doing business

ISLAMABAD  –  The Cabinet Committee on Regulatory Reforms (CCoRR) convened a meeting on Friday to review third quarterly Regulatory Reform Package, prepared and submitted by the Board of Investment (BOI). …

Hashoo Group leads sustainable tourism drive on World Tourism Day

ISLAMABAD  –  Pakistan’s hospitality and tourism industry stands at the threshold of an extraordinary transformation. From the snow-clad peaks and serene valleys of the north to the cultural heritage and…

FBR removes ‘estimated fair market value’ column from tax return form

ISLAMABAD  –  The Federal Board of Revenue (FBR) has removed the “Estimated Fair Market Value” column from the Income Tax Return Form 2025 on the directions of Prime Minister Muhammad…

Rupee gains 03 paisa against dollar

ISLAMABAD  –   The Rupee on Friday appreciated by 03 paisa against the US dollar in the interbank trading and closed at Rs281.37 against the previous day’s closing of Rs281.40. However,…

PSX continues with bullish trend, gains 2,976 points

ISLAMABAD   –   The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish on Friday, gaining 2,976.92 points, an increase of 1.87 percent, closing at 162,257.01 points against 159,280.09 points…

SECP seeks public feedback on draft ESG Disclosure Guidelines for Listed Companies

ISLAMABAD  –  As part of its efforts to promote responsible business practices, the Securities and Exchange Commission of Pakistan (SECP) has issued draft additions to the Guidelines on ESG Disclosures…

Gold prices decline by Rs1,000 to Rs395,800 per tola

ISLAMABAD  –  The price of 24 karat gold decreased by Rs1,000 on Friday and was sold at Rs395,800 per tola compared to Rs396,800 on the last trading day. The price…