FLASHNEWS:

Category: Business

Pakistan Awards Petroleum Exploration Rights to Key Energy Firms

Islamabad: The Government of Pakistan has provisionally granted petroleum exploration rights over seven new blocks to Oil and Gas Development Company Limited (OGDCL) and its joint venture partners. This decision follows a competitive bidding round con…

PTC Reports Revenue Growth but Finance Costs Weigh on Profits

Islamabad: Pakistan Telecommunication Company Limited (PTC) hosted an Analyst Briefing to discuss its recent financial performance and future outlook. The company reported a 16% year-on-year revenue growth for the calendar year 2024 and a 22% increase…

KATI Lauds Rs. 38 Power Tariff for Karachi’s Industries

Karachi: The Korangi Association of Trade and Industry (KATI) has welcomed the recent announcement of a fixed electricity rate of Rs. 38 per unit, inclusive of all taxes, for Karachi’s industrial sector for May 2025. The decision was described by Juna…