Business

Business

VAT Rroad Fuel Scale Charges Rise for UK Drivers

His Majesty's Revenue and Customs (HMRC) has introduced new VAT road fuel scale charges for petrol and diesel drivers across the…

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FBR Tax Shortfall Hits Rs684bn in July-April

The Federal Board of Revenue recorded an FBR tax shortfall of Rs684 billion in the first 10 months of the…

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Mortgage Rates Rise as 30 Year Fixed Reaches 6.3%

Mortgage rates rose this week, pushing the average 30-year fixed mortgage to 6.3%, as escalating U.S.-Iran tensions lifted oil prices…

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Brent Crude Price Surge Hits $126 on US-Iran Tensions

April 30 A Brent crude price surge pushed the global benchmark above $126 per barrel on Thursday, its highest level…

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Crude Oil Prices Hit $122.53 on Iran Supply Fears

Crude oil prices surged Thursday, with Brent jumping 6% overnight to a four-year high of USD 122.53 a barrel. This…

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Fed Interest Rates Held in Divided 8-4 Vote

The Federal Reserve held Fed interest rates steady at 3.50%-3.75% on Wednesday in its most divided policy decision since 1992.…

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SpaceX Musk Pay Package Tied to Mars Colony Goal

SpaceX approved an Elon Musk pay package that could award him 200 million super-voting shares if the company reaches a…

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Used Vehicles Import Cleared for Re-Export Pilot

The Economic Coordination Committee approved the temporary import of used vehicles and auto parts for repair, refurbishment and re-export under…

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SBP Policy Rate Raised 100bps to 11.50%

The State Bank of Pakistan raised the SBP policy rate by 100 basis points to 11.50%, citing emerging economic challenges…

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