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Business
FBR Launches Simplified Electronic Income Tax Return for 2025
The Federal Board of Revenue (FBR) has introduced a simplified electronic income tax return form for the fiscal year 2025,…
Chinese IPPs Reject LPS Waiver in Pakistan’s Circular Debt Plan
Chinese Independent Power Producers (IPPs) under the China-Pakistan Economic Corridor (CPEC) declined to waive Late Payment Surcharges (LPS) as part…
PSX KSE-100 Index Surges Past 149,000 Points in Record Rally
On Tuesday, August 19, 2025, the Pakistan Stock Exchange (PSX) continued its record-breaking rally, with the KSE-100 index crossing the…
Fitch Forecasts Pakistan GDP Growth at 3.5% by 2027
Fitch Ratings has projected Pakistan’s real GDP growth to reach 3.5% by 2027, up from 2.5% in 2024, signalling a…
Pakistan Stock Exchange Hits Record High on Strong Earnings and Reforms
The Pakistan Stock Exchange (PSX) reached a historic peak on Monday, August 18, 2025, as the KSE-100 Index surged to…
Gold Prices Drop in Pakistan as Rupee Gains for Fourth Week
On August 16, 2025, gold prices continued their downward trend, with the international bullion market decreasing by $9 per ounce…
Pakistan Opens LCs for 85,000 Tons of Sugar Imports to Stabilize Prices
On August 16, 2025, the Government of Pakistan issued Letters of Credit (LCs) to import 85,000 metric tons of sugar…
KSE-100 Stays Steady Amid Earnings and Economic Optimism
On August 15, 2025, the Pakistan Stock Exchange’s (PSX) KSE-100 Index experienced relatively stable trading, reaching an intraday high of…
UK Pound Surges as Strong GDP Growth Boosts Market Confidence
On August 14, 2025, the British pound strengthened against major currencies due to stronger-than-expected UK GDP growth, as reported by Bloomberg.…