Business

PSX rebounds as buying resumes amid earnings season optimism

PSX rebounds as buying resumes amid earnings season optimism

The stock market saw a strong recovery on Monday, as investor sentiment improved following weeks of selling pressure. The Pakistan…
Canada seeks stronger EU trade ties in face of Trump tariffs

Canada seeks stronger EU trade ties in face of Trump tariffs

BRUSSELS: Canada wants to deepen its economic ties with the EU and uphold global trading rules in the face of…
Oil climbs as market steadies after US tariff concerns

Oil climbs as market steadies after US tariff concerns

LONDON: Oil prices ticked higher on Monday, rebounding after declines last week on concerns about a global trade war, as…
Pakistan’s budget surplus turns into Rs1.54tr deficit

Pakistan’s budget surplus turns into Rs1.54tr deficit

ISLAMABAD: Pakistan’s overall budget has turned from a surplus into a deficit of Rs1.54 trillion, amounting to 1.2% of the…
After historic high, price of gold in Pakistan decreases

After historic high, price of gold in Pakistan decreases

After crossing the historic Rs300,000 milestone for the first time in history, the price of gold in Pakistan dropped on…
Govt spends only 20% of development budget in first 7 months

Govt spends only 20% of development budget in first 7 months

The federal government has utilised only 20 percent of the allocated Rs1.1 trillion development budget in the first seven months…
Salaried class faces sharp rise in tax burden

Salaried class faces sharp rise in tax burden

Federal Board of Revenue (FBR) projects collecting Rs. 570 billion in taxes from salaried individuals during the current fiscal year,…
Green Corporate Livestock Initiative drives agricultural transformation in Pakistan under SIFC

Green Corporate Livestock Initiative drives agricultural transformation in Pakistan under SIFC

The Green Corporate Livestock Initiative (GCLI), under the umbrella of the Special Investment Facilitation Council (SIFC), is leading transformative efforts…
USDA freezes farmer funding for some programs

USDA freezes farmer funding for some programs

The US Department of Agriculture (USDA) has frozen some funding for farmers as it goes through a sweeping review, despite…
Meta prepares for mass layoffs on Monday as AI hiring ramps up

Meta prepares for mass layoffs on Monday as AI hiring ramps up

Facebook owner Meta Platforms plans to carry out its expected company-wide layoffs next week while pushing ahead with the expedited…
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