Business
Gold retreats from near four-week peak as dollar ticks up
June 3, 2025
Gold retreats from near four-week peak as dollar ticks up
Gold prices fell on Tuesday, retreating from near a four-week high, as a modest rise in the dollar weighed on…
IMF ‘asks’ Pakistan to impose carbon levy on petrol, diesel
June 2, 2025
IMF ‘asks’ Pakistan to impose carbon levy on petrol, diesel
ISLAMABAD: Petrol and diesel are likely to get more costlier in the upcoming budget 2025-26 as the International Monetary Fund…
Nearly half of development funds remain unused with days left in budget
June 2, 2025
Nearly half of development funds remain unused with days left in budget
ISLAMABAD: Out of the downward-revised development budget of Rs1.096 trillion, the federal government has spent just 54% — around Rs0.593…
Proposal to set economic growth target at 4.2pc for next fiscal year
June 2, 2025
Proposal to set economic growth target at 4.2pc for next fiscal year
ISLAMABAD: A proposal has been presented to set the economic growth target at 4.2% for the upcoming fiscal year. According…
Budget 2025-26: Govt proposes tax hikes on bank deposits, savings
June 2, 2025
Budget 2025-26: Govt proposes tax hikes on bank deposits, savings
The federal budget for the fiscal year 2025-26 is set to include significant tax increases on bank deposits, savings schemes,…
Budget 2025-26: APCC approves Rs50bn for lawmakers’ development projects
June 2, 2025
Budget 2025-26: APCC approves Rs50bn for lawmakers’ development projects
The Annual Plan Coordination Committee (APCC) on Monday approved macroeconomic targets for the next fiscal year, proposing a GDP growth…
China rejects Trump’s accusation that it breached Geneva trade deal
June 2, 2025
China rejects Trump’s accusation that it breached Geneva trade deal
China said on Monday that US President Donald Trump’s accusations that Beijing had violated the consensus reached in Geneva trade…
Bullish trend continues as PSX crosses 120,000 mark
June 2, 2025
Bullish trend continues as PSX crosses 120,000 mark
KARACHI: The Pakistan Stock Exchange (PSX) maintained its gaining streak on Monday as investors’ sentiments remain positive as they are…
IATA airlines body cuts 2025 global profit forecast over trade tensions and supply woes
June 2, 2025
IATA airlines body cuts 2025 global profit forecast over trade tensions and supply woes
Global airlines shaved a key forecast for 2025 industry-wide profits on Monday, blaming trade tensions and declining consumer confidence, while…
US dollar declines as traders assess tariff outlook
June 2, 2025
US dollar declines as traders assess tariff outlook
TOKYO: The U.S. dollar edged lower on Monday, giving back some of its gains from last week, as markets weighed…