Business
Business
Pakistan’s CPI Increases 11.1% Year-on-Year in July
Pakistan's consumer price index (CPI) for July recorded an 11.1% year-on-year increase, according to data from the Pakistan Bureau of…
Petrol Prices Slashed: Rs6.17 Per Litre Cut Announced
Prime Minister Shehbaz Sharif approved a diesel price cut of Rs10.86 per litre starting August 1, 2024. This adjustment aligns…
All Pakistan Wholesale Grocers Association Calls for Strike Over New Tax
The All Pakistan Wholesale Grocers Association has initiated a three-day nationwide strike to protest the recent imposition of withholding tax,…
Pakistani Rice Exports Surge to $4 Billion Amid Global Demand
The surging global demand for Pakistani rice, exceeding $4 billion in exports, heralds new trade prospects for Pakistan. However, concerns…
FBR Chairman Amjad Zubair Tiwana Opts Early Retirement
Amjad Zubair Tiwana, Chairman of the Federal Board of Revenue (FBR), has opted for early retirement and tendered his resignation…
McDonald’s Reports First Quarterly Profit Decline in Two Years
American fast food giant McDonald’s has reported its first quarterly profit decline in two years, attributing the decrease to shifts…
Pakistan’s Pharmaceutical Exports Rise in FY23-24
In the fiscal year 2023-24, Pakistan's pharmaceutical goods exports rose to $341.023 million, a 3.90 per cent increase over the…
Foreign Profit Repatriation from Pakistan Reaches Six-Year High in 2024
Foreign profit repatriation from Pakistan has surged to a six-year high. In the current fiscal year, foreign companies operating in…
State Bank of Pakistan Cuts Key Interest Rate to 19.5%
The State Bank of Pakistan (SBP) reduced the key interest rate by 100 basis points (bps) on Monday, lowering it…