Business

Gold Price Drops Again in Pakistan, Down for Second Straight Day

Karachi, Pakistan – Web Desk (May 16, 2026): Gold and silver prices recorded a second consecutive day of decline in both international and local markets...

Pakistan Energy Sector Circular Debt Hits Dangerous Rs5,206 Billion

Islamabad, Pakistan – Web Desk (May 16, 2026): Pakistan's energy sector circular debt has reached a dangerous level of 5,206 billion rupees, according to the...

IMF Sets 11 New Conditions for Pakistan Including Fuel & Power Price Hikes

Islamabad, Pakistan – Web Desk: The International Monetary Fund (IMF) has imposed 11 new conditions on Pakistan, including recurrent increases in gas and electricity prices,...

Pakistan Receives Second LNG Cargo from Qatar in 3 Days

Karachi, Pakistan – Web Desk: Pakistan received its second liquefied natural gas (LNG) cargo from Qatar within three days on Friday, as the government accelerates...

Pakistan Plans Sale of IESCO, GEPCO and FESCO Shares

Islamabad, Pakistan – Web Desk: Pakistan has decided to offer between 50% and 100% share capital in three major power distribution companies as part...

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