Business
Business
KSE-100 Index Peaks at a 24-month High: Signs of Robust Economic Recovery in Pakistan
The Pakistan Stock Exchange (PSX) crossed the 48,000 mark on Monday, following a peak unseen in the past 24 months,…
FRB Raises WHT on Credit or Debit Card Payments to Non-Residents by 400%
The Federal Board of Revenue (FBR) has dramatically increased 400% withholding tax (WHT) on payments made by non-resident individuals via…
Pakistan’s Forex Reserves Soar to $14B, Dar Told Senate
The foreign exchange reserves of Pakistan have seen a significant uptick from eight billion dollars to roughly 14 billion dollars,…
Ryanair Pilot Strike in Belgium Disrupts Summer Trave
Ryanair, the Irish budget airline, is currently grappling with a strike by its pilots based in Belgium as part of…
Pakistan’s Oil Industry Requests Hike in Diesel Price Amid Rising Import Costs
The Oil Companies Advisory Council (OCAC) has penned a letter to the Oil and Gas Regulatory Authority (OGRA), advocating for…
China’s EXIM Bank Extends $2.4 Billion Loan Rollover to Pakistan
Finance Minister Ishaq Dar revealed on Thursday that China had provided Pakistan with a financial boost by extending a loan…
SBP Lifts Restrictions on Dollar Imports
The State Bank of Pakistan (SBP) has changed foreign exchange policies and allowed the exchange companies to import U.S. dollars…
UBS Faces Fines $387m Due to Credit Suisse’s Misconduct
The Federal Reserve of the United States shack down the Swiss banking giant UBS with hefty fines of $387 million.…
Pakistan’s Gold Prices Soar Rs. 2,000 / Tola
The gold prices in Pakistan experienced a significant rise, increasing by more than Rs2,000 per tola. The price hike occurred…