Business
Business
The second Shipment of Discounted Russian Crude Oil Arrives in Karachi
On Tuesday, a second shipment of 55,000 tonnes of discounted Russian crude oil arrived at Karachi port. The ship's docking,…
Pakistan Government Introduces New Taxation Measures in Finance Act 2023
The Pakistani government has launched new taxation measures via the Finance Act 2023 to reinvigorate the International Monetary Fund programme.…
Finance Bill 2023-2024 Gets Final Approval from Acting President Sadiq Sanjrani
Acting President Sadiq Sanjrani ratified the Finance Bill 2023-2024 on Monday, paving the way for it to take effect on…
Pakistan Stock Exchange Soars Amid Anticipation of IMF Deal
The financial tides seem to be turning favorably for Pakistan as the country's premier trading platform, the Pakistan Stock Exchange…
Pakistan Rupee Outlook Amid Removal of Import Restrictions and IMF Negotiations
The Pakistani rupee is predicted to remain stable, fluctuating based on importers' demand for the dollar. This follows the State…
Pakistan’s Inflation Rises to 34.05% Annually, Weekly Increase of 0.33%
According to the Pakistan Bureau of Statistics, inflation in Pakistan remained high, reaching 34.05% annually. On a weekly basis, inflation…
Indus Motor Company Halts Production Due to Insufficient Inventory
The Indus Motor Company (IMC), Toyota's manufacturing arm in Pakistan, has decided to shut down its plant for two days…
Pakistan State Oil Raises Concern Over Growing LNG-Related Circular Debt
Pakistan State Oil (PSO) has expressed concerns that the circular debt tied to the liquefied natural gas (LNG) supply chain,…
State Bank of Pakistan Removes All Import Restrictions in IMF Compliance Move
In a significant turn of events, the State Bank of Pakistan (SBP) announced on Friday that it had removed all…