Business
Business
As tax exemptions end: ‘Sacred cows’ yet to be touched
The federal government has shown a blueprint for withdrawing roughly Rs80 billion worth of tax exemptions in the next budget. However…
Pak Suzuki announces a staggering 207% increase in profit
Pak Suzuki Motor Company (PSMC), the country’s largest carmaker in terms of market share, ( keeping in mind that there…
Universities on western route of CPEC to commence sessions later this year
The 'Planning, Development and Reform Minister' Ahsan Iqbal said that, "universities in Fata, Zhob, Gwadar and those located on the…
MCB Bank sale: IHC issues notices to finance ministry, PC
The Islamabad High Court (IHC) issued formal notices to the finance ministry and the Privatisation Commission (PC) on March 15…
NEPRA favouring private power producers claims water Ministry
The Ministry of Water and Power has complained to the prime minister Mian Nawaz Sharif that the National Electric Power Regulatory Authority…
Trade deficit widens around 4.22% and surges to $15.1 billion
Pakistan’s trade deficit worsened to $15.1 billion in the first eight months of the ongoing fiscal year. This is partly…
Oil prices surge as IEA sees possible price ‘bottom’
Oil prices rebounded earlier yesterday after the International Energy Agency said that after the market’s prolonged freefall, there were signs prices may…
OGRA against increase in margins of OMCs, dealers
The Oil and Gas Regulatory Authority (Ogra) has out rightly opposed any kind of increase in margins of oil marketing…
July-Feb: Remittances amount to $12.7 billion
Karachi: Overseas Pakistanis sent remittances amounting to $12.7 billion in July-February, which translates into a year-on-year (YoY) increase of 6%, according…