Business
Fitch says decarbonisation of world economy progressing far too slowly
October 9, 2024
Fitch says decarbonisation of world economy progressing far too slowly
LONDON: Decarbonisation of the global economy is progressing too slowly and while there has been improvement among big developed economies,…
FBR cybersecurity failure leads to billions in tax fraud
October 9, 2024
FBR cybersecurity failure leads to billions in tax fraud
KARACHI: The Federal Tax Ombudsman (FTO) on Tuesday revealed that the cyber security of Federal Board of Revenue (FBR) has…
Pakistani firms to participate in Automechanika Tashkent 2024
October 9, 2024
Pakistani firms to participate in Automechanika Tashkent 2024
ISLAMABAD: Automechanika Tashkent 2024 will take place from October 23 to 25 for the first time at the CAEx exhibition…
Cabinet approves independent multiplayer market for power purchase
October 9, 2024
Cabinet approves independent multiplayer market for power purchase
ISLAMABAD: The Cabinet Committee on Energy on Wednesday approved the establishment of an independent multiplayer market for power generation and…
Oil prices edge up after sliding on potential Israel-Hezbollah ceasefire
October 9, 2024
Oil prices edge up after sliding on potential Israel-Hezbollah ceasefire
SINGAPORE: Oil prices edged up on Wednesday as developments in the Middle East took centre stage against cautious demand expectations…
State Bank increases loan amount for SMEs, industries
October 9, 2024
State Bank increases loan amount for SMEs, industries
KARACHI: The State Bank of Pakistan (SBP) has announced a significant decision for supporting small and medium enterprises (SMEs) and…
September remittances surge 29% to $2.85bn YoY banking on rupee stability
October 9, 2024
September remittances surge 29% to $2.85bn YoY banking on rupee stability
KARACHI: Remittances surged 29% year-on-year (YoY) to $2.849 billion in September, compared to $2.208 billion in the same month last…
Federal govt’s debt hits record high of Rs70.36tr
October 8, 2024
Federal govt’s debt hits record high of Rs70.36tr
ISLAMABAD: The federal government’s debt has reached an all-time high, breaking previous records. According to data from the State Bank…
FinMin sees inflation, policy rate easing further, says agitation bleeding exchequer
October 8, 2024
FinMin sees inflation, policy rate easing further, says agitation bleeding exchequer
ISLAMABAD: Warning against ‘actions’ that impede hard-earned economic growth, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Tuesday,…
FBR rules out further extension in returns filing deadline
October 8, 2024
FBR rules out further extension in returns filing deadline
ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday denied possibility of further extension in the returns filing deadline. FBR spokesperson,…