Business

PIA to be privatised before end of 2024, says FinMin Aurangzeb

PIA to be privatised before end of 2024, says FinMin Aurangzeb

ISLAMABAD: As the Prime Minister Shehbaz Sharif-led government looks forward to addressing its economic woes, Finance Minister Muhammad Aurangzeb has…
Punjab plans to ‘spend over Rs612m on luxury vehicles’ amid Centre’s austerity drive

Punjab plans to ‘spend over Rs612m on luxury vehicles’ amid Centre’s austerity drive

LAHORE: As the cash-strapped country struggles to reduce administrative expenditures under an austerity drive, the Punjab government plans to spend…
Inflation eases to 44-month low of 6.9pc in September

Inflation eases to 44-month low of 6.9pc in September

LAHORE: Pakistan’s Consumer Price Index (CPI) inflation dropped to 6.9 on an year-on-year basis in September 2024 – the lowest…
Sindh CM urges Chinese businessmen to invest in e-vehicles, waste-to-energy

Sindh CM urges Chinese businessmen to invest in e-vehicles, waste-to-energy

KARACHI: Sindh Chief Minister Murad Ali Shah on Tuesday said that his government would welcome Chinese public and private firms…
Trade & Investment Forum marks start of new Russia-Pakistan ties: Aleem Khan

Trade & Investment Forum marks start of new Russia-Pakistan ties: Aleem Khan

MOSCOW: The first Pakistan-Russia Trade and Investment Forum is in progress in Moscow. Minister for Privatization Abdul Aleem Khan, in…
Oil little changed as demand worries offset Mideast fears

Oil little changed as demand worries offset Mideast fears

SINGAPORE: Oil prices were little changed on Tuesday as stronger supply prospects and tepid global demand growth outweighed worries that…
FBR extends deadline to Oct 14 for filing income tax returns

FBR extends deadline to Oct 14 for filing income tax returns

ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday extended deadline for filing income tax returns by 14 days. The…
Big US oil companies reveal massive payments to foreign governments

Big US oil companies reveal massive payments to foreign governments

NEW YORK: The three largest US energy exploration companies paid more than $42 billion to foreign governments last year, about…
Gold prices drop by Rs600 to Rs274,900 per tola

Gold prices drop by Rs600 to Rs274,900 per tola

ISLAMABAD: The per tola price of 24 karat gold decreased by Rs600 and was sold at Rs274,900 on Tuesday compared…
FTO establishes special helpdesk to facilitate taxpayers in filing returns

FTO establishes special helpdesk to facilitate taxpayers in filing returns

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah on Tuesday established taxpayer facilitation helpdesk at its headquarters in collaboration…
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