Business - DAWN.COM

E-Paper | January 02, 2025

Russian gas era in Europe ends as Ukraine stops transit

"This is a historic event. Russia is losing its markets, it will suffer financial losses," Ukraine's energy minister says.

Published 01 Jan, 2025 10:45pm

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
PMI	3.6900	0.7900	27.24 ▲	795,184
ESBL	6.0500	1.0000	19.80 ▲	500,483
ITTEFAQ	8.4700	1.0000	13.39 ▲	7,888,270
FEM	3.5300	0.3300	10.31 ▲	44,865
PSX	30.5300	2.7800	10.02 ▲	15,607,195

Company	Price	Change	Change %	Volume

Source: PSX | Updated Jan 01, 2025

CPI inflation clocks in at 4.1pc for December 2024 — lowest in nearly 7 years

Brokerage firm says inflation during 1HFY25 averaged 7.22pc.

Published 01 Jan, 2025 03:52pm

Bulls celebrate new year with all-time high rally

Brokerage firm says that "KSE-100 Index ranked as the second-best performing market, trailing behind only Argentina".

Updated 01 Jan, 2025 03:52pm

FBR falls Rs386bn short of revenue target

Slowdown in imports, low inflation hamper tax collection in July-December.

Updated 01 Jan, 2025 10:09am

Nepra asks govt to review ‘excessive’ taxes on power

Power regulator wants end to uniform tariff which "fosters inefficiency".

Updated 01 Jan, 2025 11:22am

Govt, ADB sign $200m loan for power sector

Funding to support ailing distribution system through network improvement.

Updated 01 Jan, 2025 09:43am

Competition Commission of Pakistan imposed fines to tune of Rs275m in 2024

Penalised companies found guilty of cartelisation, collusion, and deceptive marketing in various sectors.

Updated 01 Jan, 2025 10:04am

Petrol, diesel jump; LPG becomes cheaper

Petrol and HSD raised by 56 paise and Rs2.96 per litre, respectively.

Updated 01 Jan, 2025 07:20am

Iran aims to boost Pakistan trade to $10bn: envoy

Iranian Consul General informs business leaders that bilateral trade volume has already surpassed $3b.

Published 01 Jan, 2025 06:59am

Power tariff to edge higher despite lower fuel costs

CPPA seeks 63 paise per unit negative FCA in January against Rs1.14 in December.

Updated 01 Jan, 2025 09:46am

How banks became irrelevant to the country’s economy

Editorial: Before a charter of economy is sought, govt must resolve tensions with opposition

2024: Pakistan’s year of (dis)inflation

Highlights

Survey: Are we hoping for a better economy in 2025?

Revisiting Karachi’s marble potential

Agriculture: Bhal Safai — fixing water losses

The cost of petty politics

Reko Diq potentially facing delays

Novelty financial tools

Aurora

Remembering Bapsi Sidhwa (1938-2024)

AI’s New Year resolutions for 2025

Imagining food from the future

Business & Finance

Outlook: Continued cautious optimism

"The IPP renegotiations could serve as a catalyst for businesses to reduce reliance on government guarantees and subsidies".

Updated 30 Dec, 2024 10:39am

Elites takes to EVs

Auto companies, bolstered by positive market response, double down on EV, HEV, and PHEV production

Published 30 Dec, 2024 08:02am

The yellow brick road of startups

Despite low funding and infrastructure challenges, startups show immense potential and could re-write Pakistan’s future if properly supported.

Updated 30 Dec, 2024 10:30am

Welcome to the Stone Age: Pakistan ranked second by the duration of shutdowns in 2024 at 1,861 hours behind only Myanmar

Pakistan's digital economy's challenges includes macro uncertainty, dearth of capital and talent scarcity.

Updated 30 Dec, 2024 10:35am

Highlights

Aurora

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