Business
Pakistan pushes for tax relief to salaried class in IMF budget talks
May 30, 2025
Pakistan pushes for tax relief to salaried class in IMF budget talks
ISLAMABAD: Pakistan is in talks with the International Monetary Fund (IMF) to address concerns over imposing income tax on the…
Pakistan’s ‘addictive’ profitability pitched by envoy to US policymakers, investors
May 30, 2025
Pakistan’s ‘addictive’ profitability pitched by envoy to US policymakers, investors
Pakistan offers “addictive profitability” and unmatched economic synergy with the United States, Ambassador to the United States Rizwan Saeed Sheikh…
AJK bank signs landmark MoU with Malaysian tech giant Silver Lake Axes
May 30, 2025
AJK bank signs landmark MoU with Malaysian tech giant Silver Lake Axes
MUZAFFARABAD: The Bank of Azad Jammu and Kashmir (BAJK) has signed a Memorandum of Understanding (MoU) with Silver Lake Axes,…
Pakistan’s total liquid foreign reserves stand at 16.636bn dollars
May 30, 2025
Pakistan’s total liquid foreign reserves stand at 16.636bn dollars
KARACHI: The total liquid foreign reserves of Pakistan stood at $16,636.7 million as of May 23 while the reserves held…
POL prices likely to go down from June 1
May 30, 2025
POL prices likely to go down from June 1
Due to fluctuations in global oil prices, a minor revision in petroleum product prices is expected from June 1. According…
Budget for FY 2025-26 to be presented on June 10, confirms finance secretary
May 30, 2025
Budget for FY 2025-26 to be presented on June 10, confirms finance secretary
ISLAMABAD: Federal Finance Secretary Imdadullah Bosal has firmly denied reports of a change in the budget presentation date, confirming that…
PSX gains ground after week-long ebb and flow
May 30, 2025
PSX gains ground after week-long ebb and flow
KARACHI: The Pakistan Stock Exchange (PSX) on Friday gained ground after week-long ebb and flow amid IMF talks on the…
Trump’s tariffs to remain in effect after appeals court grants stay
May 30, 2025
Trump’s tariffs to remain in effect after appeals court grants stay
A federal appeals court temporarily reinstated the most sweeping of President Donald Trump’s tariffs on Thursday, a day after a…
Dollar poised for fifth-straight monthly drop on trade, fiscal uncertainty
May 30, 2025
Dollar poised for fifth-straight monthly drop on trade, fiscal uncertainty
SINGAPORE: The U.S. dollar softened on Friday, heading for its fifth-straight monthly decline as traders braced for further bouts of…
Oil prices set for weekly drop with tariff legal battles, OPEC plus in focus
May 30, 2025
Oil prices set for weekly drop with tariff legal battles, OPEC plus in focus
BEIJING: Oil prices were on track to end the week down more than 1% on Friday amid whipsawing tariff rulings…