Business

Oil jumps more than 9pc as Israel strikes Iran, rattling investors

Oil jumps more than 9pc as Israel strikes Iran, rattling investors

Oil prices jumped more than nine percent on Friday, hitting their highest in months after Israel said it struck Iran,…
Govt rolls out new Digital Tax Law

Govt rolls out new Digital Tax Law

ISLAMABAD: The federal government has introduced a brand-new law, the “Digital Presence Proceeds Tax Act 2025,” to tighten control over…
IMF raises concern over Rs344bn grants issued without NA’s approva

IMF raises concern over Rs344bn grants issued without NA’s approva

The International Monetary Fund (IMF) has expressed serious reservations over the federal government’s decision to issue supplementary grants amounting to…
New tax on 1300cc, 1500cc, 1800cc cars in Pakistan – Check here

New tax on 1300cc, 1500cc, 1800cc cars in Pakistan – Check here

The federal government has introduced a new tax on petrol and diesel vehicles as part of the Budget 2025–26, targeting…
Faisalabad textile industry faces rising challenges post-budget

Faisalabad textile industry faces rising challenges post-budget

Difficulties for the textile industry in Faisalabad have intensified following the announcement of the federal budget. According to details surfaced…
KSE 100-index sheds 259 points amid market fluctuations

KSE 100-index sheds 259 points amid market fluctuations

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile session on Thursday, with the benchmark KSE-100 index closing over 250…
Workers’ remittances increase to 34.9bn dollars in 11 months of FY25

Workers’ remittances increase to 34.9bn dollars in 11 months of FY25

KARACHI: The workers’ remittances from overseas to Pakistan, recording a significant growth of 28.8 percent during eleven months of fiscal…
Critical minerals give China an edge in trade negotiations

Critical minerals give China an edge in trade negotiations

GANZHOU: China’s dominance over critical minerals in global supply chains was a powerful bargaining chip in trade talks between Beijing…
Gold rises on weaker dollar, rising Middle East tensions

Gold rises on weaker dollar, rising Middle East tensions

Gold prices rose on Thursday, bolstered by rising tensions in the Middle East and a weaker dollar, while softer-than-expected U.S.…
Dollar slides on easing trade tensions, Fed expectations

Dollar slides on easing trade tensions, Fed expectations

SINGAPORE: The dollar slid on Thursday on further signs that U.S. President Donald Trump may adopt a softer stance in…
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