Business
Eidul Azha 2025: SBP, other banks to remain closed from June 6 to 9
June 4, 2025
Eidul Azha 2025: SBP, other banks to remain closed from June 6 to 9
KARACHI: The State Bank of Pakistan (SBP) announced that it will remain closed from June 6 to June 9 (Friday…
Upcoming federal budget estimated at Rs17,500bn
June 4, 2025
Upcoming federal budget estimated at Rs17,500bn
ISLAMABAD: The estimated size of the federal budget has been set at Rs17,500 billion. According to sources, the FBR (Federal…
Oil prices slip as rising OPEC plus output, tariff fears weigh on outlook
June 4, 2025
Oil prices slip as rising OPEC plus output, tariff fears weigh on outlook
TOKYO: Oil prices edged lower in early Asian trade on Wednesday, weighed down by a loosening supply-demand balance following increasing…
Dollar edges down as trade tensions simmer ahead of jobs data
June 4, 2025
Dollar edges down as trade tensions simmer ahead of jobs data
TOKYO: The dollar drifted lower on Wednesday as the market looked ahead to U.S. employment data for immediate trading cues,…
ADB approves $800m programme to support fiscal reforms in Pakistan
June 3, 2025
ADB approves $800m programme to support fiscal reforms in Pakistan
KARACHI: The Asian Development Bank (ADB) has approved an $800 million financing package to support Pakistan’s push for fiscal sustainability…
Pakistan, Iran sign memorandum to enhance cooperation in transport sector
June 3, 2025
Pakistan, Iran sign memorandum to enhance cooperation in transport sector
Pakistan and Iran have signed a memorandum of understanding (MoU) to enhance bilateral cooperation in the transport sector. Federal Minister…
Punjab to decrease electricity tariff by up to 40%
June 3, 2025
Punjab to decrease electricity tariff by up to 40%
The Punjab Cabinet, under Chief Minister Maryam Nawaz Sharif, has announced a sweeping set of public relief and development measures,…
IMF agrees to defence budget hike, tax relief for salaried class
June 3, 2025
IMF agrees to defence budget hike, tax relief for salaried class
ISLAMABAD: The International Monetary Fund (IMF) has agreed to two major demands from Pakistan regarding the upcoming fiscal year’s budget:…
Govt decides to impose Rs2.5 carbon levy on petrol, diesel in upcoming budget
June 3, 2025
Govt decides to impose Rs2.5 carbon levy on petrol, diesel in upcoming budget
ISLAMABAD: The federal government has decided to impose a carbon levy of Rs2.5 per liter on petroleum products in the…
Provinces bound to get cabinets’ approval to collect GST on services
June 3, 2025
Provinces bound to get cabinets’ approval to collect GST on services
ISLAMABAD: All four provinces are bound to get approval from their cabinets and provincial assemblies to collect General Sales Tax…