Business News
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Triggering Sixth Extinction | The Express Tribune
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[ad_1] ISLAMABAD: Over the Earth’s 4.5-billion-year history, five catastrophic extinctions have changed its biological foundation. The Ordovician-Silurian Extinction, 443 million years ago, was likely caused by severe ice ages, whereas the Devonian Extinction, 359 million years ago, was caused by…
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Chronic air pollution in Punjab | The Express Tribune
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[ad_1] ISLAMABAD: As usual there is again a smog attack in Punjab, especially in and around Lahore, Faisalabad and Gujranwala regions. The problem is so intense that there is a proposal for calling every Wednesday off for the coming few…
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Petrol price falls by Rs40, diesel by Rs15 per litre
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[ad_1] A closeup of a fuel gun. — AFP/File ISLAMABAD: In view of the fluctuations in global oil prices and rupee’s appreciation against the US dollar, the caretaker government on Sunday slashed the price of petrol by Rs40 per litre…
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Massive relief: Govt slashes petrol price by Rs40 | The Express Tribune
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[ad_1] The federal government has decreased the price of petrol by Rs40 and high-speed diesel (HSD) by Rs15 in line with fluctuations in global oil prices and appreciation of the rupee against the US dollar. A finance ministry statement said:…
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Petrol price in Pakistan likely to go down by over Rs30 per litre
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[ad_1] An employee of a gas station fills the tank of a motorbike in Karachi, on July 16, 2021. — AFP ISLAMABAD: Massive relief is expected in fuel prices today as the government will announce new rates today (Sunday) for…
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JPMorgan chief paints bleak picture of world economy amid geopolitical tensions
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[ad_1] This still, taken from a video released on July 12, 2023, shows JPMorgan CEO Jamie Dimon speaking in an interview. — YouTube/The Economist JPMorgan CEO Jamie Dimon has said that the ongoing Russia-Ukraine war and the Israel-Hamas violence in the…
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Loss-making DISCOs struggle to avoid privatisation | The Express Tribune
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[ad_1] KARACHI: The two struggling and loss-making power distribution companies (DISCOs) of Sindh are girding up their loins to avoid the sword of privatisation as the caretaker government seems adamant to outsource all such non-remunerative public organisations. Recently, a team…
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$8b discrepancy unearthed in exports, imports | The Express Tribune
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[ad_1] KARACHI: Pakistani traders have allegedly been found involved in discrepancies of over $8 billion through under-invoicing of imports and exports of goods to four major trading partners, causing significant foreign exchange losses, tax revenue losses and supporting financial transactions…
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Israel-Hamas hostilities drag down US stocks amid rising inflation fears
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[ad_1] Palestinian militants fire rockets toward Israel from Rafah, southern Gaza Strip, on Oct. 11, 2023. — AFP Wall Street stocks mainly fell on Friday, capping a turbulent week in which investors evaluated bank earnings, worried about inflation, and appraised…
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Israel-Hamas war: Stock markets slide, oil prices surge as humanitarian crisis worsens in Gaza
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[ad_1] Fire and smoke rise after an Israeli air strike targeted the National Bank on Gaza City, on October 8, 2023. — AFP Stock markets declined on Friday, as oil prices rose amid concerns that the Israel-Hamas conflict would affect…
