Business

Federal govt’s non-tax revenue surges by Rs1,623bn

Federal govt’s non-tax revenue surges by Rs1,623bn

The federal government’s non-tax revenue witnessed a significant increase of Rs. 1,623 billion during the first six months of the…
Gold price in Pakistan increases by Rs4,000

Gold price in Pakistan increases by Rs4,000

The price of gold in Pakistan saw a massive hike on Monday, reflecting global market trends, crossing the dreaded Rs300,000…
Pakistani Rupee gains slightly against US dollar in interbank market

Pakistani Rupee gains slightly against US dollar in interbank market

Pakistani rupee registered a slight gain of 0.02% against the US dollar during early trade in the interbank market on…
Sugar prices surge in Peshawar ahead of Ramadan despite crushing season

Sugar prices surge in Peshawar ahead of Ramadan despite crushing season

Sugar prices in Peshawar have risen dramatically despite the ongoing sugarcane crushing season, with rates increasing by 20 rupees per…
Debit and credit card payments now mandatory for businesses instead of cash transactions

Debit and credit card payments now mandatory for businesses instead of cash transactions

Federal Board of Revenue (FBR) has taken a major step toward digitalizing the economy by making debit and credit card…
Authorities seek Rs2 per unit reduction via talks with power plants

Authorities seek Rs2 per unit reduction via talks with power plants

ISLAMABAD: The Return on Equity (RoE) of government power plants (GPPs) has been cut to 13% by the government based…
PSX rebounds as buying resumes amid earnings season optimism

PSX rebounds as buying resumes amid earnings season optimism

The stock market saw a strong recovery on Monday, as investor sentiment improved following weeks of selling pressure. The Pakistan…
Canada seeks stronger EU trade ties in face of Trump tariffs

Canada seeks stronger EU trade ties in face of Trump tariffs

BRUSSELS: Canada wants to deepen its economic ties with the EU and uphold global trading rules in the face of…
Oil climbs as market steadies after US tariff concerns

Oil climbs as market steadies after US tariff concerns

LONDON: Oil prices ticked higher on Monday, rebounding after declines last week on concerns about a global trade war, as…
Pakistan’s budget surplus turns into Rs1.54tr deficit

Pakistan’s budget surplus turns into Rs1.54tr deficit

ISLAMABAD: Pakistan’s overall budget has turned from a surplus into a deficit of Rs1.54 trillion, amounting to 1.2% of the…
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