Business
Business
Reserves at $17.49bn
Karachi: The country’s total liquid foreign exchange reserves stood at $17.494 billion during the week ending May 22 compared to…
Exim Bank to push up US exports
Karachi: Pakistan is becoming more attractive for the United States as a trade partner and an investment destination, said Raymond…
Stocks stage 332-point rally
Karachi: Stocks staged a robust rally on Wednesday with the KSE-100 index closing with gain of 332.24 points (1.02 per…
Govt relying on LNG, CPEC for higher growth
Islamabad: The government is banking on smooth imports of liquefied natural gas (LNG) and completion of some ‘early harvest projects’…
Flattened by erratic rain, Pakistani farmers ditch crop farming
Islamabad: In late April, after 28 hours of heavy rain, Noor Hussain and his two brothers surveyed his three-hectare wheat…
Rs180bn tax exemptions to be withdrawn next year
Islamabad: A high-powered committee has decided to withdraw tax exemptions worth Rs180 billion, or 0.5 per cent of gross domestic…
Zero-rating status for key exportables proposed
Islamabad: The commerce ministry has proposed zero-rating for major exportable products in the next budget. The major exportable items are…
Govt. mulls over War Tax option for high income individuals
In an effort to raise funds for the war against terror, the government is likely to levy an income tax…
Govt plans to spend Rs1.4tr on development
Islamabad: The Annual Plan Coordination Committee (APCC) meets today to finalise around Rs1.4 trillion development programme, aimed at achieving 5.5…