Business
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,…
Islamabad airport outsourcing: Turkish company’s bid technically ‘approved’
October 8, 2024
Islamabad airport outsourcing: Turkish company’s bid technically ‘approved’
ISLAMABAD: In a key development regarding the outsourcing of Islamabad International Airport, a Turkish company’s documents and bid have been…
SHC dismisses petition against municipal tax collection in electricity Bills
October 8, 2024
SHC dismisses petition against municipal tax collection in electricity Bills
KARACHI: The Sindh High Court (SHC) Tuesday dismissed a petition challenging municipal tax collection in electricity bills by K-Electric (KE),…
Punjab merges departments to establish Price Control and Commodities Management Department
October 8, 2024
Punjab merges departments to establish Price Control and Commodities Management Department
LAHORE: The Punjab government has merged the Agriculture, Food, and Industry and Commerce departments to create a new entity named…
Pakistan secures $3.2bn loan pledges from foreign creditors
October 8, 2024
Pakistan secures $3.2bn loan pledges from foreign creditors
ISLAMABAD: Amid Prime Minister Shehbaz Sharif-led government’s efforts to tackle various challenges on the economic front, the administration has secured…
Bidders seek full ownership of PIA amid looming privatisation
October 8, 2024
Bidders seek full ownership of PIA amid looming privatisation
ISLAMABAD: Days after Finance Minister Muhammad Aurangzeb reassured of Pakistan International Airlines’ (PIA) privatisation in the ongoing year, the bidders…