Business

ISLAMABAD (Kashmir English): Due to increasing tensions in the Middle East, crude oil prices have once again recorded a significant increase in the global market. The recent tension between Iran and the United States and the claims made regarding the Strait of Hormuz have created uncertainty in the global energy market. The price of British

ISLAMABAD (Kashmir English): The Islamabad Electricity Supply Company (IESCO) has announced a power outage at selected places in Islamabad, Rawalpindi, Attock and Chakwal on Tuesday to conduct routine maintenance and development activities. According to a spokesperson for IESCO, the power supplier will stop supplying electricity from 6:00 am to 10:00 am at Islamabad Circle, which

ISLAMABAD (Kashmir English): Changan Pakistan has temporarily suspended vehicle bookings, invoicing, dispatches, and deliveries from July 1 to 15 as part of an upgrade to its Enterprise Resource Planning (ERP) system, the company announced. The upgrade of the system is aimed at making it faster and more efficient in the future. It is responsible for handling

ISLAMABAD (Kashmir English): The federal government is likely to lift the ban on new domestic liquefied natural gas (LNG) connections in September as Qatar is expected to resume normal LNG supplies after the expiry of the force majeure. The Petroleum Division sources said that Qatar had imposed force majeure on LNG exports until the end

ISLAMABAD (Kashmir English): Prices of chicken have risen once more as a result of the decision by the Market Committee to increase the official price of broiler meat by Rs. 15 per kg. As per the recent price list issued officially, the official price of broiler meat has been fixed at Rs. 483 per kg.

ISLAMABAD (Kashmir English): The Ministry of Finance has categorically rejected misleading claims in recent media reports and public comments on Pakistan’s sovereign financing transactions, including the issuance of Eurobonds and Panda Bonds. According to the Ministry of Finance, these claims are based on incomplete information and ignore important facts and context. The Ministry of Finance

ISLAMABAD (Kashmir English): Bank AL Habib & Indus Motor Company have joined hands to launch a new auto financing campaign. Customers will get discounted financing rates along with exclusive benefits while purchasing certain models such as Yaris, Corolla Sedan, Corolla Cross, and Hilux Revo, among others. The promotional campaign is active between July 1 and