Business

Business

Power consumers to pay Rs117bn due to new taxes

Each electricity unit has become costlier by Rs1.30 as the federal government started charging two recently introduced taxes in fresh…

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Rs73bn shortfall in revenue collection

ISLAMABAD: The Federal Board of Revenue (FBR) witnessed a shortfall of Rs73 billion in revenue collection during the first five…

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Repatriation of $405m in profits on foreign investments

KARACHI: The first four months of this fiscal year saw repatriation of $405 million in profits and dividends on foreign…

3 Min Read

Index sheds 72 points on political uncertainty

KARACHI: Stocks fell by 72.12 points to close at 31,197.98 on Friday. Investors’ sentiments were held hostage to worries over…

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Russian bank offers $1bn credit line to Pakistan

ISLAMABAD: Pakistan and Russia on Friday expressed their determination to remove all impediments in the way of finalising plans and…

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8th CEO summit held in Karachi

Pakistan offers a slew of opportunities to businesses, and if its people are properly guided they have the potential to…

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Grocery consumers yet to benefit from diesel price cut

Consumers have yet to witness any drop in the prices of grocery items despite a steep reduction of Rs6 per…

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Muted cotton trade

Cotton prices were stable  at overnight level amid moderate business activity, but the underlying sentiment and outlook for the near…

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Exports of non-textile goods declines by 14pc

Pakistan’s export of non-textile products witnessed a negative growth of 13.59 per cent during the first four months of the…

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