Business

Public transport fares surge after fuel price hike

Public transport fares surge after fuel price hike

LAHORE: Soon after the increase in petroleum product prices, public transporters have followed goods transporters in raising fares, putting an…
SBP injects Rs 1.9 trillion in the market

SBP injects Rs 1.9 trillion in the market

KARACHI: The State Bank of Pakistan (SBP), injected Rs 1,907.55 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based…
Pakistan, Sweden agree to boost cooperation in mining sector

Pakistan, Sweden agree to boost cooperation in mining sector

Ali Pervaiz Malik met with Alexandra Berg in Islamabad to discuss expanding cooperation between Pakistan and Sweden in the mining…
Punjab Revenue Authority collects over Rs220 billion in eight months

Punjab Revenue Authority collects over Rs220 billion in eight months

LAHORE: The Punjab Revenue Authority (PRA) has collected more than Rs220 billion in tax revenue during the first eight months…
US Treasury secretary hints at lifting more Russian oil sanctions amid Middle East war

US Treasury secretary hints at lifting more Russian oil sanctions amid Middle East war

WASHINGTON: US Treasury Secretary Scott Bessent has said that Washington is considering lifting sanctions on more Russian oil, a day…
US-Israel war with Iran sends shockwaves through global business

US-Israel war with Iran sends shockwaves through global business

The US-Israeli war with Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of critical raw materials and…
Pakistan considers 4 day workweek as govt reviews fuel-saving measures

Pakistan considers 4 day workweek as govt reviews fuel-saving measures

The government of Pakistan is considering introducing a four-day workweek and shorter office hours as part of energy-saving measures amid…
Weekly inflation rises by 0.37 percent

Weekly inflation rises by 0.37 percent

Weekly inflation, measured by the Sensitive Price Indicator (SPI), recorded an increase of 0.37 percent for the combined consumption group…
Shipping companies impose up to $3,500 ‘war risk charges’ on containers

Shipping companies impose up to $3,500 ‘war risk charges’ on containers

Shipping companies on Friday announced the imposition of “War Risk Charges” due to Strait of Hormuz disruptions. According to details,…
Salaried class pays 352% more tax than other sectors: study

Salaried class pays 352% more tax than other sectors: study

ISLAMABAD: As the International Monetary Fund (IMF) conducts the third review of Pakistan’s $7 billion Extended Fund Facility (EFF), a…
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