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Gas price hike for industries, power sector from July 1

Gas price hike for industries, power sector from July 1

ISLAMABAD: The federal government has notified an increase in gas prices for bulk consumers, power sector, and industrial units, effective…
China ‘rolls over’ $3.4 billion of commercial loans to Pakistan

China ‘rolls over’ $3.4 billion of commercial loans to Pakistan

KARACHI: China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending…
AGP report shows dip in tax-to-GDP ratio for FY2023–24

AGP report shows dip in tax-to-GDP ratio for FY2023–24

ISLAMABAD: Despite a 76% surge in the number of income tax return filers during the tax year 2024, the actual…
Tax exemptions for Army Welfare Trust, others included in Finance Bill 2025-26

Tax exemptions for Army Welfare Trust, others included in Finance Bill 2025-26

ISLAMABAD: Days after the parliament approved Finance Bill 2025-26 for the upcoming fiscal year, it has come to light that…
Oil falls on prospect of more OPEC plus supply, easing risks in Mideast

Oil falls on prospect of more OPEC plus supply, easing risks in Mideast

SINGAPORE: Oil prices fell 1% on Monday as an easing of geopolitical risks in the Middle East and the prospect…
Govt committed to maintaining financial discipline with balanced decisions: Dar

Govt committed to maintaining financial discipline with balanced decisions: Dar

ISLAMABAD: Deputy Prime Minister, Foreign Minister Senator Ishaq Dar underscored the government’s commitment to taking balanced decisions that maintain financial…
Pakistan tops global emerging markets in default risk reduction

Pakistan tops global emerging markets in default risk reduction

NEW YORK: Pakistan has emerged as a leading economy among the emerging markets globally, according to a report by Bloomberg.…
Weekly inflation eases by 0.18pc in Pakistan

Weekly inflation eases by 0.18pc in Pakistan

ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), decreased by 0.18 percent for the combined consumption groups…
Rs7.5tr SOE losses, pension liabilities surpass defence, development budgets

Rs7.5tr SOE losses, pension liabilities surpass defence, development budgets

ISLAMABAD: Amid continued financial strain, state-owned enterprises (SOEs) in Pakistan have recorded staggering losses of nearly Rs342 billion in just…
ECC approves 50pc increase in fixed charges for gas consumers

ECC approves 50pc increase in fixed charges for gas consumers

ISLAMABAD: The federal government has decided to maintain existing gas tariffs for domestic consumers, with only a minor adjustment in…
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