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Index extends overnight losses
Karachi: Shares could not shrug off jitters over budget uncertainties and drifted down by 156.51 points (0.48 per cent) on…
All incomes should be taxed: FPCCI
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to present a people and…
Current account deficit falls
Karachi: Pakistan’s current account deficit stood at $1.364 billion during the first 10 months of this fiscal year, a considerably…
FDI declines to $824m in July-April
Karachi: Foreign direct investment (FDI) into Pakistan fell by eight per cent to $824 million during the first 10 months…
Farm, industry pull growth down
Islamabad: The government accepted on Monday it had missed economic growth target for this fiscal year because of the underperformance…
LNG sale, billing hit by legal, financial complications
Islamabad: Serious legal and financial complications continue to confront marketing, sales and billing of imported liquefied natural gas (LNG), although…
Rupee weakens against dollar
The rupee displayed all-round weakness against both the dollar and the euro last week, despite the positive end of the…
Revisiting the zero-rated tax regime
As the budget time approaches, with the government mulling clamping import duty on certain dairy items, the Pakistan Dairy Association…
Budget 2015-16: hunger for growth
It is difficult for the cash-strapped government, burdened with high debts and a not-so-easily manageable fiscal deficit, to present a…