Business
PSX slides ahead of budget as investors turn cautious
May 20, 2025
PSX slides ahead of budget as investors turn cautious
The capital market fell sharply on Tuesday as market participants adopted a cautious stance ahead of the upcoming federal budget.…
FPCCI urges govt to review new tax law
May 20, 2025
FPCCI urges govt to review new tax law
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called on the federal government to review Income…
G7 finance leaders seek non-tariff consensus in Canada, may face US pushback
May 20, 2025
G7 finance leaders seek non-tariff consensus in Canada, may face US pushback
WASHINGTON/BANFF: Finance leaders from the Group of Seven industrialized democracies will strive for unity on non-tariff issues when they meet…
Indian boycott of Turkish products grows
May 20, 2025
Indian boycott of Turkish products grows
Small Indian grocery shops and major online fashion retailers are boycotting Turkish products ranging from chocolates, coffee, jams and cosmetics…
Dollar set for more weakness as ‘Brand USA’ falls further out of favor
May 20, 2025
Dollar set for more weakness as ‘Brand USA’ falls further out of favor
NEW YORK: Trade-related uncertainties, ballooning fiscal debt and weakened confidence about enduring U.S. exceptionalism have weighed on U.S. assets, with…
Oil prices rise on signs of faltering US-Iran nuclear talks
May 20, 2025
Oil prices rise on signs of faltering US-Iran nuclear talks
Oil prices edged up on Tuesday on a potential breakdown in talks between the U.S. and Iran over Tehran’s nuclear…
IMF sees no revenue from privatisation for Pakistan before 2030
May 19, 2025
IMF sees no revenue from privatisation for Pakistan before 2030
ISLAMABAD: Pakistan’s external financing gap is expected to soar to $31.4 billion by the fiscal year 2027-28, according to projections…
Govt sets GDP growth at 4.4pc for fiscal year 2025-26
May 19, 2025
Govt sets GDP growth at 4.4pc for fiscal year 2025-26
ISLAMABAD: Days before the upcoming budget 2025-2026, a proposal has been made to set the economic growth target at 4.4pc…
PSX goes strong at 120,000 points amid positive developments
May 19, 2025
PSX goes strong at 120,000 points amid positive developments
KARACHI: The Pakistan Stock Exchange (PSX) began new week trading on a positive note. During early hours of trading on…
BISP’s budget expected to expand by 20pc in new fiscal year
May 19, 2025
BISP’s budget expected to expand by 20pc in new fiscal year
The Benazir Income Support Program (BISP) plays a crucial role in Pakistan’s social safety net by providing financial assistance to…