Business

Govt approves 28 SIFC-led projects to strengthen economic stability

Govt approves 28 SIFC-led projects to strengthen economic stability

Federal government has approved 28 major projects worth billions of dollars under the Special Investment Facilitation Council (SIFC) to pave…
Wall Street tumbles 10% below its record for first ‘correction’ since 2023 on Trump’s trade war

Wall Street tumbles 10% below its record for first ‘correction’ since 2023 on Trump’s trade war

NEW YORK: Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the S&P…
Malaysian airline to start flights for Pakistan from May 30

Malaysian airline to start flights for Pakistan from May 30

ISLAMABAD: Another new Malaysian airline has announced launching its flight operations for Pakistan, it was reported here on Thursday. Pakistan…
Gold mounts record summit, eyes 3,000 dollars peak

Gold mounts record summit, eyes 3,000 dollars peak

Gold hit a record high on Friday, as uncertainty over U.S. tariffs and fears of trade tensions propelled prices, along…
Dollar holds firm, euro drifts as global trade tensions escalate

Dollar holds firm, euro drifts as global trade tensions escalate

TOKYO: The U.S. dollar was broadly firmer on Friday with the euro pulling further away from a five-month peak as…
PSX goes strong amid economic gains

PSX goes strong amid economic gains

KARACHI: The Pakistan Stock Exchange (PSX) regains upward movement in the last few days amid hope of favourable outcome of…
PM seeks business community’s input for system reform to boost tax revenue

PM seeks business community’s input for system reform to boost tax revenue

ISLAMABAD: Prime Minister Shehbaz Sharif has sought suggestions from the business community for system reforms to enhance government tax revenue,…
IMF ‘pushes’ Pakistan to increase revenue, reduce expenses

IMF ‘pushes’ Pakistan to increase revenue, reduce expenses

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) are currently engaged in economic review talks, focusing on the country’s performance…
PSX soars as Moody’s raises outlook on banking sector

PSX soars as Moody’s raises outlook on banking sector

The stock market rallied on Thursday, closing with a substantial gain as investors responded positively to optimism surrounding the resolution of…
ECC reduces buyback rate for solar consumers to Rs10 per unit

ECC reduces buyback rate for solar consumers to Rs10 per unit

ISLAMABAD: In a major policy shift, the cabinet’s Economic Coordination Committee (ECC) has revised the buyback tariff of solar rooftop…
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