Category: Business

LNG

Pakistan LNG Crisis Disrupts Power Supply as 5,000 MW Generation Affected

Severe LNG shortage strains national power system as supply gaps widen during peak hours Pakistan is facing a renewed energy challenge as the ongoing LNG crisis in Pakistan continues to disrupt electricity generation, with officials confirming that power production from plants totaling around 5,000 megawatts has been significantly affected due to limited fuel availability. According […]
Gold

Gold Prices Plunge Sharply as Global Bullion Market Faces Sudden Sell-Off Pressure

Sharp Decline in Gold Rates Shakes Investor Sentiment as International Market Weakens Global and local bullion markets witnessed a significant downturn on Tuesday as gold and silver prices dropped sharply, triggering renewed concern among investors and traders closely watching precious metals volatility. In the international bullion market, gold declined by $89 per ounce, bringing the […]
PSL

PSL Playoff Ticket Sales Suspended Amid Technical Glitch, Fans Face Uncertainty

Technical failure in PSL e-ticketing system forces authorities to halt online sales, while physical ticket counters are activated to manage growing fan demand ahead of the playoff clash in Karachi. The PSL playoff ticket sales suspended situation has caused widespread concern among cricket fans after the Pakistan Super League’s online ticketing system abruptly went offline […]
SBP

SBP Monetary Policy Decision Today: Oil Price Pressures Fuel Expectations of Possible Rate Hike

Monetary Policy Committee to weigh inflation risks and economic stability as Pakistan balances growth concerns with external pressures The SBP monetary policy decision today is set to shape Pakistan’s short-term economic direction as the State Bank of Pakistan prepares to announce its latest benchmark interest rate, currently at 10.5%, amid growing expectations of a possible […]
Gold Price

Gold Prices Rebound in Pakistan After Sharp Previous Session Decline Amid Global Market Volatility

Gold rate recovery follows sharp drop as international bullion volatility drives market uncertainty Gold prices in Pakistan rose on Saturday after a steep decline in the previous trading session, reflecting ongoing volatility in the international bullion market and shifting investor sentiment, according to traders and official data. According to the All Pakistan Sarafa Association, the […]
Punjab

Punjab Film City Announced in Lahore: A Major Leap for Pakistan’s Creative Economy

A 50-acre state-of-the-art media and production hub to transform Pakistan’s film, animation, gaming, and digital content industry LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has announced the establishment of a 50-acre Punjab Film City within the Nawaz Sharif IT City in Lahore, marking a significant milestone in Pakistan’s creative and digital economy development. The project […]
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