Business
Business
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…
Fitch Upgrades Pakistan’s Foreign-Currency Rating to CCC+
Fitch Ratings has recently upgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) from 'CCC' to 'CCC+.' This upgrade is attributed…
Bitcoin Soars Above $69,000 Amid Market Recovery
Today, Bitcoin's price surged past $69,000 on global exchanges, with a notable increase of 3.16% in the last 24 hours,…
High Electricity Costs Prompt Industrialists to Shut Down Factories in Lahore
Rising inflation has severely impacted the public and caused significant distress within the business community. Lahore's industrialists and traders have…
Rising Inflation in Pakistan Leaves Public Struggling with Soaring Prices
Pakistan is currently struggling with inflation, leaving the public severely distressed and unable to find relief. The cost of living…
Toyota Advances Lexus EV Production with New Battery Plant
Toyota has revealed its strategy for using Lexus electric vehicles. According to a report in Nikkei on Friday, Japan's Toyota…
LinkedIn’s Co-Founder Reid Hoffman Forecasts the End of 9-to-5 Jobs by 2034
LinkedIn co-founder Reid Hoffman has sparked widespread discussion with his prediction that traditional 9-to-5 jobs will disappear by 2034, as…
FBR Establishes Tax Fraud Investigation Wing to Combat Evasion
The Federal Board of Revenue (FBR) has announced amendments to the Sales Tax Act 1990, establishing a dedicated Tax Fraud…
IMF Warns Pakistan of Mini-Budget Due to Unsatisfactory Tax Collections
The International Monetary Fund (IMF) has labelled Pakistan's tax collections unsatisfactory and warned that a mini-budget might be necessary if…