Business

Check on tax evasion: FBR to monitor sugar mills during crushing season

Check on tax evasion: FBR to monitor sugar mills during crushing season

ISLAMABAD: In a move to curb tax evasion, hoarding, and price manipulation, the Federal Board of Revenue (FBR) has decided…
Bracing for Trump tariffs, China’s Xi makes diplomatic push at global summits

Bracing for Trump tariffs, China’s Xi makes diplomatic push at global summits

RIO DE JANEIRO/BRASILIA: In his first global meetings since Donald Trump was reelected to lead the US, Chinese President Xi…
Pakistan gears up to promote exports with 18th OIC Trade Fair

Pakistan gears up to promote exports with 18th OIC Trade Fair

ISLAMABAD: Pakistan’s Commerce Minister Jam Kamal Khan held a high-level meeting on Wednesday about the upcoming 18th Organisation of Islamic…
Oil prices edge up on geopolitical tensions; higher-than-expected US inventories cap gains

Oil prices edge up on geopolitical tensions; higher-than-expected US inventories cap gains

SINGAPORE: Oil prices rose marginally on Thursday as geopolitical concerns over escalating tensions between Russia and Ukraine countered the impact…
Major update on solar net metering tariff in Pakistan

Major update on solar net metering tariff in Pakistan

ISLAMABAD: The federal government is considering a significant reduction in the solar net metering tariff, a move likely to discourage…
Pakistan’s gold imports increase by 19.82pc to 10.6mn dollars in four months

Pakistan’s gold imports increase by 19.82pc to 10.6mn dollars in four months

ISLAMABAD: The imports of gold increased by 19.82 percent during the first four months of the current fiscal year as…
Discos report Rs239bn losses

Discos report Rs239bn losses

ISLAMABAD: The Power division released on Wednesday the latest statistics on the financial losses of electricity distribution companies (Discos) for…
Bulls break past 96,000 barrier amid improved economic activity

Bulls break past 96,000 barrier amid improved economic activity

KARACHI: The Pakistan Stock Exchange (PSX) continued to witness bulls’ surge on the back of encouraging statements from the International…
Higher energy bills push UK inflation to 6-month high in October

Higher energy bills push UK inflation to 6-month high in October

LONDON: Inflation in the U.K. rose sharply to a six-month high in October and back above the rate targeted by…
Pakistan’s POL imports up by 1.68pc to 5.11bn dollars in 4 months

Pakistan’s POL imports up by 1.68pc to 5.11bn dollars in 4 months

ISLAMABAD: The petroleum group imports increased by 1.68 percent during the first four months of the current fiscal year as…
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