Business
Pakistan plans Gulf ferry service from Gwadar to boost trade, connectivity
July 2, 2025
Pakistan plans Gulf ferry service from Gwadar to boost trade, connectivity
KARACHI (Web Desk) – Pakistan announced its plans to launch a direct ferry service between Gwadar and Gulf Cooperation Council…
Russia, Pakistan to finalise framework for new steel mill in Karach
July 2, 2025
Russia, Pakistan to finalise framework for new steel mill in Karach
KARACHI (Web Desk) Russia expects to finalise an agreement with Pakistan this summer to build a new steel mill in…
Gold steadies ahead of US data
July 2, 2025
Gold steadies ahead of US data
Gold prices steadied on Wednesday as investors awaited U.S. payroll data and assessed Federal Reserve Chair Jerome Powell’s cautious stance…
Oil prices little changed as expectations for OPEC plus increase weigh
July 2, 2025
Oil prices little changed as expectations for OPEC plus increase weigh
SINGAPORE: Oil futures were little changed on Wednesday as markets weighed expectations from more supply from major producers next month,…
Dollar wallows near over three-year low as Fed cuts in focus
July 2, 2025
Dollar wallows near over three-year low as Fed cuts in focus
TOKYO: The U.S. dollar hunkered near the lowest since February 2022 against major peers on Wednesday, as traders considered dovish…
Heavy tax measures come into effect as new fiscal year begins
July 1, 2025
Heavy tax measures come into effect as new fiscal year begins
ISLAMABAD: Starting July 1, Pakistan enters a new fiscal year, with the implementation of Budget 2025-26 officially underway following Presidential…
Govt hikes petrol prices by Rs8.36, diesel by Rs10.39 per litre
July 1, 2025
Govt hikes petrol prices by Rs8.36, diesel by Rs10.39 per litre
ISLAMABAD: The federal government has increased the prices of petrol by Rs8.36 and diesel by Rs10.39 per litre for first…
SBP includes exchange companies in Pakistan Remittance Initiative Scheme
July 1, 2025
SBP includes exchange companies in Pakistan Remittance Initiative Scheme
The State Bank of Pakistan (SBP) has officially included exchange companies in the Pakistan Remittance Initiative (PRI) Scheme, alongside banks.…
Tax evaders siphon off hundreds of billions with impunity, reveals AGP report
July 1, 2025
Tax evaders siphon off hundreds of billions with impunity, reveals AGP report
ISLAMABAD: At a time when Pakistan desperately needs to increase its revenues and broaden its tax base, tax evaders continue…
FBR falls Rs1.235 trillion short of annual tax target in FY25
July 1, 2025
FBR falls Rs1.235 trillion short of annual tax target in FY25
ISLAMABAD: With the Fiscal Year 2024-25 coming to an end, it has come to light that the Federal Bureau of…