Business

Govt allows retired employees to pick pension or pay on rehire

Govt allows retired employees to pick pension or pay on rehire

ISLAMABAD: The federal government has amended its pension policy to allow retired employees who are re-employed after the age of…
Oil steadies after 2pc drop on potential OPEC plus output increase

Oil steadies after 2pc drop on potential OPEC plus output increase

BEIJING: Oil prices ticked up early on Thursday after falling nearly 2% in the previous session, with investors weighing a…
PSX extends decline as Pakistan-India tensions fuel sell-off

PSX extends decline as Pakistan-India tensions fuel sell-off

The capital market plunged sharply on Thursday as rising geopolitical tensions with India rattled investor confidence and fuelled widespread selling,…
Highway blockade in Sindh cripples supply chain network: Industrialists

Highway blockade in Sindh cripples supply chain network: Industrialists

KARACHI: Sending shockwaves across the country’s economy, six-day National Highway blockage by Sindh’s protesters has paralysed supply networks and halted…
IMF lowers Pakistan’s GDP growth forecast to 2.6% after Trump’s tariff blow

IMF lowers Pakistan’s GDP growth forecast to 2.6% after Trump’s tariff blow

ISLAMABAD: The International Monetary Fund (IMF) has downgraded Pakistan’s economic growth projection for the current fiscal year from 3% to…
Finance minister invites global investors, stresses Pakistan’s economic potential in US visit

Finance minister invites global investors, stresses Pakistan’s economic potential in US visit

Finance Minister Muhammad Aurangzeb is on an official visit to the United States, where he is meeting key figures from…
Federal Excise Duty on property sale, purchase abolished

Federal Excise Duty on property sale, purchase abolished

The federal government has decided to abolish the federal excise duty (FED) on property transactions for both filers and non-filers…
Highway blockades in Sindh severely disrupt exports, says SM Tanveer

Highway blockades in Sindh severely disrupt exports, says SM Tanveer

LAHORE: United Business Group (UBG) Patron-in-Chief SM Tanveer has expressed concern over the blockade of the national highways in Sindh,…
China says ‘door open’ to trade talks after Trump signals tariffs will fall

China says ‘door open’ to trade talks after Trump signals tariffs will fall

BEIJING: China said on Wednesday the door was “wide open” for trade talks with Washington, a day after US President…
Trump hints at ‘substantially’ cutting tariffs on China if deal struck

Trump hints at ‘substantially’ cutting tariffs on China if deal struck

WASHINGTON: President Donald Trump backed off from threats to fire Federal Reserve Chair Jerome Powell after days of intensifying criticisms…
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