Business

India’s current account gap narrows to 1.2pc of GDP in July-Sept

India’s current account gap narrows to 1.2pc of GDP in July-Sept

MUMBAI: India’s July-September current account deficit narrowed marginally from a year earlier amid a rise in services exports, the central…
Govt working to increase tax-to-GDP ratio to 13pc in three years: FinMin Aurangzeb

Govt working to increase tax-to-GDP ratio to 13pc in three years: FinMin Aurangzeb

ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb said on Thursday that tax-to-GDP ratio must be increased to bring positive changes in…
OGDCL discovers natural gas reserves in Khyber Pakhtunkhwa

OGDCL discovers natural gas reserves in Khyber Pakhtunkhwa

The Oil and Gas Development Company Limited (OGDCL) has discovered substantial natural gas reserves in Khyber Pakhtunkhwa province. The newly…
Pakistan finalises Hajj 2025 travel agreements with Saudia Airlines

Pakistan finalises Hajj 2025 travel agreements with Saudia Airlines

The Ministry of Religious Affairs signed an agreement with Saudi Airlines to provide travel facilities for 35,000 government-sponsored pilgrims for…
Price of gold in Pakistan sees significant increase

Price of gold in Pakistan sees significant increase

The price of gold in Pakistan saw a significant hike on Thursday, reflecting global market trends. In the local market,…
Bears dominate at PSX amid profit-taking, year-end selling

Bears dominate at PSX amid profit-taking, year-end selling

The capital market faced ongoing bearish trends on Thursday as profit-taking and year-end selling affected investor sentiment. Despite some support…
India presses EU court over basmati rice geographic rights

India presses EU court over basmati rice geographic rights

India has filed an appeal with the European Court of Justice following the European Union’s refusal to grant access to…
Pakistan, Saudi Arabia to strengthen economic ties

Pakistan, Saudi Arabia to strengthen economic ties

ISLAMABAD: Pakistan and Saudi Arabia are set to strengthen their economic ties as preparations are underway for Pakistan’s trade exhibition…
Oil edges up on China stimulus hopes, US inventory drop

Oil edges up on China stimulus hopes, US inventory drop

LONDON: Oil edged higher on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the…
World Bank raises China’s GDP forecast for 2024, 2025

World Bank raises China’s GDP forecast for 2024, 2025

The World Bank raised on Thursday its forecast for China’s economic growth in 2024 and 2025, but warned that subdued…
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