Business

Spring-heeled stocks soar past 111,000 points

Spring-heeled stocks soar past 111,000 points

KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday continued its momentum by soaring past 111,000 points amid a rosy economic…
ADR tax formula to be changed: experts

ADR tax formula to be changed: experts

ISLAMABAD: Analysts said that the committee formed by Prime Minister Shahbaz Sharif is likely to adjust the formula for imposing…
Govt resumes push for PIA privatisation process

Govt resumes push for PIA privatisation process

ISLAMABAD: The government is gearing up to restart the privatisation process of Pakistan International Airlines (PIA) this week, aiming to…
Pakistan to export medical professionals to Saudi Arabia

Pakistan to export medical professionals to Saudi Arabia

ISLAMABAD: Pakistan’s Overseas Employment Corporation (OEC) will export medical professionals to Saudi Arabia, outlining qualifications for interested applicants who meet…
Boeing lays off hundreds in Washington and California as part of cuts announced previously

Boeing lays off hundreds in Washington and California as part of cuts announced previously

SEATTLE: Boeing has laid off hundreds of additional employees in Washington state and California as part of planned cuts that…
Gold prices increase by Rs1,000 per tola

Gold prices increase by Rs1,000 per tola

ISLAMABAD: The price of 24 karat per tola gold witnessed an increase of Rs1,000 and was sold at Rs277,400 on…
Remittances rise to $14.8bn in five months

Remittances rise to $14.8bn in five months

KARACHI: The State Bank of Pakistan (SBP) data on Monday revealed that remittances in Pakistan from its overseas citizens skyrocketed…
Engro eyes tower sharing expansion with Veon tie-up

Engro eyes tower sharing expansion with Veon tie-up

KARACHI: Pakistan’s largest conglomerate Engro through its strategic partnership with Veon is eyeing expanding telecom tower-sharing coverage in Pakistan and…
IMF conditions: Govt abandons wheat minimum support price policy

IMF conditions: Govt abandons wheat minimum support price policy

ISLAMABAD: The federal government has officially abandoned its annual wheat support price policy in line with another condition set by…
Pakistan ranks among top solar markets amid rising electricity costs

Pakistan ranks among top solar markets amid rising electricity costs

KARACHI: As households and businesses in Pakistan seek relief from soaring electricity bills, the country has rapidly emerged as a…
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