menu_open
Aamir Shafaat Khan

Aamir Shafaat Khan

Dawn Business

We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Prices of pulses, flour refuse to come down despite bulk imports

KARACHI: The prices of wheat and pulses have failed to subside even after massive imports in the first 10 months of the current fiscal year as...

30.05.2023 8

Dawn Business

Aamir Shafaat Khan

Affording breakfast a new challenge

KARACHI: While already reeling under record-high food inflation, consumers are now bracing for another shock as they will be paying an average 10 per...

28.05.2023 20

Dawn Business

Aamir Shafaat Khan

Wheat crop spurs bike sales

A bumper wheat crop of 27.5 million tonnes this year has brought a ray of hope among the stakeholders in the two-wheeler industry in reviving the...

22.05.2023 10

Dawn Business

Aamir Shafaat Khan

Car buyers not taking costly leasing ride

KARACHI: The amount of outstanding auto loans maintained their sliding path for the 10th month in a row, plunging by 16 per cent to Rs308 billion in...

21.05.2023 8

Dawn Business

Aamir Shafaat Khan

Business community fears ‘IMF-dictated’ budget to hit economy

KARACHI: Contrary to past practices, Finance Minister Ishaq Dar has not approached trade and industry leadership for taking their input for the...

14.05.2023 20

Dawn Business

Aamir Shafaat Khan

Auto sales drop by over 80pc in April

KARACHI: Sales of cars, light commercial vehicles, jeeps and vans plunged by over 80 per cent year-on-year (YoY) to 4,463 units in April amid growing...

12.05.2023 10

Dawn Business

Aamir Shafaat Khan

Gold price hits record Rs240,000

KARACHI: Despite no significant change in the international market, gold prices in Pakistan witnessed the highest-ever single-day hike of Rs9,900 and...

11.05.2023 30

Dawn Business

Aamir Shafaat Khan

Auto financing drops for ninth month

KARACHI: The outstanding auto financing continued its downward trend for the ninth month in a row, plunging almost 12.83 per cent to Rs317 billion in...

09.05.2023 10

Dawn Business

Aamir Shafaat Khan

Economic slowdown triggers massive unemployment

KARACHI: Millions of jobs in formal or informal sectors of the economy across the country have been lost due to a massive decline in industrial...

07.05.2023 30

Dawn Business

Aamir Shafaat Khan

Traders struggle to find buyers this Eid as high prices bite

KARACHI: The outgoing Sweet Eid has left a bitter aftertaste for many garments, shoes and artificial-jewellery sellers, as inflation-bitten citizens...

30.04.2023 10

Dawn Business

Aamir Shafaat Khan

Atlas Honda, Nestle increase rates

KARACHI: Price shocks continue for the buyers of motorcycles as Atlas Honda Ltd increased the prices of its two-wheeler by Rs5,000-Rs15,000 with...

30.04.2023 10

Dawn Business

Aamir Shafaat Khan

Gold hits all-time high

KARACHI: The domestic price of gold on Friday surged to an all-time high of Rs187,414 per 10-gram and Rs218,600 per tola with an increase of Rs943 and...

15.04.2023 10

Dawn Business

Aamir Shafaat Khan

Suzuki raises prices, again

KARACHI: Pak Suzuki Motor Company Ltd on Wednesday jacked up the car prices for the fourth time in the current calendar year. Without giving any...

06.04.2023 10

Dawn Business

Aamir Shafaat Khan

Industry slams 100bps hike in interest rate

KARACHI: While slamming another 100 basis points hike in the benchmark interest rate to a record 21 per cent, the business community on Tuesday...

05.04.2023 10

Dawn Business

Aamir Shafaat Khan

Does it make sense to buy costly hybrid vehicles?

For many people, purchasing a locally produced petrol and diesel-powered vehicle will remain a gigantic task in future due to their skyrocketing...

03.04.2023 10

Dawn Business

Aamir Shafaat Khan

Honda extends car plant shutdown

KARACHI: Amid production suspensions and rising prices, Honda Atlas Cars Ltd (HACL) on Friday extended its plant shutdown from April 1-15. In a stock...

01.04.2023 10

Dawn Business

Aamir Shafaat Khan

Skyrocketing inflation challenges age-old charity traditions

KARACHI: Commodity traders claim sale of various food items used for preparing ration packs has remained highly subdued this Ramazan as compared to...

30.03.2023 10

Dawn Business

Aamir Shafaat Khan

Retailers throw govt rate lists out the window

KARACHI: This year, much like in the past, the non-availability of items as per various price lists issued by the Karachi commissioner has come as an...

24.03.2023 10

Dawn Business

Aamir Shafaat Khan

Households brace for tough Ramazan

KARACHI: Amid unprecedented inflation and stagnating incomes, Pakistanis are all set to experience the toughest Ramazan ever as families will have to...

23.03.2023 20

Dawn Business

Aamir Shafaat Khan

Tyre maker suspends production in Pakistan

KARACHI: The crisis in the automobile sector continues to metastasise, with local tyre manufacturing Ghandhara Tyre and Rubber Company Limited (GTR)...

21.03.2023 10

Dawn Business

Aamir Shafaat Khan

Sindh millers cut flour prices by Rs10 a kg

KARACHI: After manipulating prices to a record peak in recent weeks, Sindh flour millers have brought down rates of various varieties by Rs10 per kg...

19.03.2023 20

Dawn Business

Aamir Shafaat Khan

Auto sales drop 73pc

KARACHI: Dark clouds continued to hover over the auto sector as overall sales of cars, vans, pickups and light commercial vehicles (LCVs) posted a 73...

14.03.2023 10

Dawn Business

Aamir Shafaat Khan

Dark summer ahead as generators, UPS become costlier

KARACHI: With power outages set to return during the peak summer season, consumers should be prepared to spend hours in darkness as prices of...

12.03.2023 10

Dawn Business

Aamir Shafaat Khan

Pakistani bikes rev up their way to Afghan market

QUETTA/KARACHI: Afghan businessmen are importing Pakistan-assembled motorcycles in large numbers daily through the Chaman border amid booming demand...

10.03.2023 30

Dawn Business

Aamir Shafaat Khan

Flour retailers capitalise on tussle between govt, millers

KARACHI: As flour millers resumed operations and restored supplies to markets on Saturday, a day after talks with the Sindh government, retailers have...

05.03.2023 10

Dawn Business

Aamir Shafaat Khan

Consumers brace for flour shortage

KARACHI: Already struggling to survive under unprecedented food inflation, Sindh millers on Thursday multiplied consumers’ plight by further...

03.03.2023 10

Dawn Business

Aamir Shafaat Khan

Gearing up for Ramazan woes

This year Ramazan will definitely be tougher than previous years for many low and middle-income group people, especially in terms of skyrocketing...

27.02.2023 20

Dawn Business

Aamir Shafaat Khan

Boycott of costly steel hits construction

KARACHI: Construction work on at least 300 projects in Karachi, Hyderabad and Sukkur has come to a halt as builders’ boycott of purchasing steel...

25.02.2023 10

Dawn Business

Aamir Shafaat Khan

Centre asks provinces to share ghee, oil data

KARACHI: Amid looming shortages in Ramazan due to a host of reasons mainly restrictions on palm oil imports, the PMLN-led coalition government has...

23.02.2023 50

Dawn Business

Aamir Shafaat Khan

Steel bar prices swell by 30pc in 7MFY23

KARACHI: Amid a declining trend in the world’s iron and steel scrap market, consumers continued to face multiple price shocks in steel bar prices in...

21.02.2023 20

Dawn Business

Aamir Shafaat Khan

Stakeholders predict dismal future for auto sector as sales drop

After facing a 40 per cent drop in sales of cars, SUVs, pickups and jeeps in 7MFY23 to 94,296 units, auto sector stakeholders believe that the next...

20.02.2023 30

Dawn Business

Aamir Shafaat Khan

Autos, cement, steel turn costlier

KARACHI: Honda Atlas Cars Ltd (HACL) on Friday increased the price of vehicles by Rs260,000-Rs550,000 while Pak Suzuki Motor Company Ltd (PSMCL)...

18.02.2023 10

Dawn Business

Aamir Shafaat Khan

Consumers brace for new wave of price spirals

KARACHI: Already hard-pressed amid surging prices of almost all essentials, the government on Wednesday added fuel to consumers’ misery by...

16.02.2023 50

Dawn Business

Aamir Shafaat Khan

Car sales plunge 43pc

KARACHI: The entire auto sector, barring the bus segment, turned in a depressed performance as the sales of cars plunged by 43 per cent followed by...

14.02.2023 40

Dawn Business

Aamir Shafaat Khan

Milk price reaches Rs210 a litre, chicken meat costs Rs700kg in Karachi

• Milk retailers blame wholesalers for the rise • Poultry dealers attribute soaring rates to shortage of soya bean feed KARACHI: In uncertain...

13.02.2023 40

Dawn Business

Aamir Shafaat Khan

Tea crisis looms as prices surge ahead of Ramazan

KARACHI: Ahead of Ramazan the price of black tea (loose) has swelled to Rs1,600 per kg from Rs1,100 in the last 15 days as around 250 containers still...

12.02.2023 60

Dawn Business

Aamir Shafaat Khan

Wholesale prices of pulses decline

KARACHI: Wholesale prices of various pulses have dropped by Rs10-20 per kilogram owing to the release of some containers from the port amid a Rs7...

11.02.2023 20

Dawn Business

Aamir Shafaat Khan

Builders stop buying costly steel bars for one week

KARACHI: While expressing their strong resentment toward the justification for pushing up prices to unprecedented levels of up to Rs303,500 per tonne,...

10.02.2023 8

Dawn Business

Aamir Shafaat Khan

Tetra milk, formula prices raised

KARACHI: Manufac­turers have increased the prices of various milk products including baby formula. The rate of one litre tetra milk pack has been...

08.02.2023 20

Dawn Business

Aamir Shafaat Khan

Cars get costlier amid uncertain delivery dates

KARACHI: Amid an uncertain vehicle delivery situation, Honda Atlas Cars Ltd (HACL) on Monday again raised prices of various models by...

07.02.2023 10

Dawn Business

Aamir Shafaat Khan

‘Abnormal’ hikes take steel bar price to historic highs

KARACHI: In the absence of any regulatory check at the government end, the manufacturers on Saturday again raised the steel bar prices by another...

05.02.2023 10

Dawn Business

Aamir Shafaat Khan

Steel bar prices scale new peak

KARACHI: Steel bar prices have reached another all-time high of Rs288,500 per tonne, showing a jump of Rs12,000 per tonne, due to shortage of raw...

04.02.2023 10

Dawn Business

Aamir Shafaat Khan

Oil firms warn govt of ‘impending collapse’

KARACHI: The Oil Com­panies Advisory Council (OCAC) has sent a note of caution to the Oil and Gas Regulatory Autho­rity (Ogra) and the energy...

04.02.2023 50

Dawn Business

Aamir Shafaat Khan

Automakers suspend production

KARACHI: Faced with a demand slump and raw material shortages amid unfavourable economic conditions, Indus Motor Company (IMC) on Tuesday annou­nced...

01.02.2023 20

Dawn Business

Aamir Shafaat Khan

Devaluation, costly diesel hit commodity prices

KARACHI: Rupee devaluation against the US dollar over the last few days followed by massive increase in diesel rate has started making a negative...

31.01.2023 60

Dawn Business

Aamir Shafaat Khan

Onion rates rise to Rs320 per kilo on short supply

KARACHI: Onion sells at Rs250 per kg in Karachi while in other parts of the country the rate hovers between Rs200-320 due to limited arrivals from...

29.01.2023 30

Dawn Business

Aamir Shafaat Khan

Steel price hits record Rs277,000

KARACHI: Manufacturers on Friday again jacked up steel bar prices to an unprecedented high of Rs277,000 per tonne blaming a massive rupee devaluation...

28.01.2023 10

Dawn Business

Aamir Shafaat Khan

One tola of gold scales new peak of Rs202,500

KARACHI: As the rupee depreciated by 13.7 per cent against the US dollar in the last two days, the one-tola gold rate for the first time crossed the...

28.01.2023 20

Dawn Business

Aamir Shafaat Khan

Devaluation to trigger new wave of price hikes: traders

KARACHI: The unprecedented 10.6 per cent rupee devaluation in a single day on Thursday would not only trigger a new wave of price hikes but the...

27.01.2023 6

Dawn Business

Aamir Shafaat Khan

Industry calls for urgent cut in interest rate

KARACHI: Rejecting the interest rate hike to a 25-year high at 17pc, the trade and industry on Tuesday termed the State Bank of Pakistan’s move as...

25.01.2023 10

Dawn Business

Aamir Shafaat Khan

305d4882314d023875135d411f2f9ab0