Business

Gold prices jump by Rs2,900 per tola

Gold prices jump by Rs2,900 per tola

KARACHI: Gold prices in Pakistan soared once again on Thursday, dealing another blow to buyers already struggling with rising inflation.…
Trump imposes additional 25% tariff on India over Russian oil ties

Trump imposes additional 25% tariff on India over Russian oil ties

In a major escalation of trade tensions, US President Donald Trump has imposed an additional 25% tariff on imports from…
Govt cuts fiscal deficit, meets key IMF targets: Report

Govt cuts fiscal deficit, meets key IMF targets: Report

The federal government managed to bring down Pakistan’s fiscal deficit to Rs7,090 billion — or 5.4% of GDP — in…
Govt’s non-tax revenue surges by Rs1,998bn

Govt’s non-tax revenue surges by Rs1,998bn

The federal government recorded a sharp rise in non-tax revenue during the last fiscal year, with earnings surging by Rs1,998…
FBR enforces sales tax on all online orders

FBR enforces sales tax on all online orders

The Federal Board of Revenue (FBR) has enforced a new sales tax law targeting online businesses in a significant move…
Job alert: Kuwait seeks Pakistani skilled workers

Job alert: Kuwait seeks Pakistani skilled workers

Kuwait has formally lifted its longstanding ban on hiring Pakistani workers. The move is expected to create thousands of job…
Gwadar Port Authority, Chinese firm agree on industrial, commercial investments

Gwadar Port Authority, Chinese firm agree on industrial, commercial investments

KARACHI: Chinese company Xinning Enterprise and the Gwadar Port Authority (GPA) have signed an agreement to stimulate industrial and commercial…
SBP governor highlights importance of leveraging capital markets

SBP governor highlights importance of leveraging capital markets

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and the State Bank of Pakistan (SBP) held the 33rd Coordination…
Govt plans to boost apparel, textiles sector through forging partnerships

Govt plans to boost apparel, textiles sector through forging partnerships

ISLAMABAD: The government has engaged with International Buying Houses for enabling deeper collaboration and long-term growth. In a significant move…
KSE-100 index surges by 2,076 points to soar above historic 145,000 mark

KSE-100 index surges by 2,076 points to soar above historic 145,000 mark

KARACHI: The bulls showed unstoppable momentum at the Pakistan Stock Exchange (PSX) on Wednesday, as the benchmark KSE-100 Index surged…
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