Business

FBR sets ambitious Rs14,305bn tax target for upcoming fiscal year

FBR sets ambitious Rs14,305bn tax target for upcoming fiscal year

ISLAMABAD: Two days after the start of virtual talks with the International Monetary Fund regarding the upcoming fiscal budget, the…
Pakistan’s economic progress being acknowledged globally, says Aurangzeb

Pakistan’s economic progress being acknowledged globally, says Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Friday prudent polices has put national economy on right pat it is being…
Pakistan launches first-ever Green Sukuk to tackle climate crisis

Pakistan launches first-ever Green Sukuk to tackle climate crisis

Federal Minister for Finance and Revenue Muhammad Aurangzeb has officially announced the launch of Pakistan’s first-ever Green Sukuk bond, aimed…
PSX fails to maintain 120,000 mark, closes lower after 4-day streak

PSX fails to maintain 120,000 mark, closes lower after 4-day streak

The Pakistan Stock Exchange (PSX) ended the trading session in the red, as the benchmark KSE-100 index fell by 312…
Huge financial loss for India as Pakistan’s airspace closure enters 22nd day

Huge financial loss for India as Pakistan’s airspace closure enters 22nd day

LAHORE: The closure of Pakistan’s airspace for Indian flights enters 22 days, inflecting billions of rupees loss to New Delhi…
Oil prices heading for 1pc weekly gain on US-China trade detente

Oil prices heading for 1pc weekly gain on US-China trade detente

BEIJING: Oil prices edged up on Friday following a sharp drop in the previous session, heading for a weekly gain…
Dollar tracks Treasury yields lower on benign US data

Dollar tracks Treasury yields lower on benign US data

SINGAPORE: The dollar fell in tandem with U.S. Treasury yields on Friday after downside surprises on U.S. economic data this…
US wholesale prices dropped 0.5% last month despite President Trump’s tariffs

US wholesale prices dropped 0.5% last month despite President Trump’s tariffs

WASHINGTON: U.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald…
Pakistan offers zero tariff bilateral trade agreement to US

Pakistan offers zero tariff bilateral trade agreement to US

In a major development, Pakistan has offered a zero tariff bilateral trade agreement to the United States, according to government…
ECC authorises shifting relief of Rs4.12 per litre in petrol, HSD prices

ECC authorises shifting relief of Rs4.12 per litre in petrol, HSD prices

ISLAMABAD: The Economic Coordination Committee (ECC) on Tuesday decided to transfer the Rs4.12 per litre relief from the price reduction…
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