Business

Business

Govt avoiding the ‘broadening of the tax base’

The government wants to generate more revenue, but it avoids widening tax base that is said to barely cover 0.30…

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PTI, PAT accused of weakening country’s economy

Qaumi Watan Party (QWP) and Pakistan Muslim League-Nawaz (PML-N) have asked Imran Khan and Tahirul Qadri to end sit-ins in…

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Stocks in free fall due to political uncertainty

Stocks were severely battered on the first trading day of the week with the KSE-100 index sinking by 352.41 points…

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Industry grows by 3.9pc in FY14

Large-scale manufacturing (LSM) posted a growth of 3.95 per cent in the outgoing fiscal year 2013-14 from a year ago.…

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India’s top investigators to close coal scam case against billionaire Birla

India's Central Bureau of Investigation (CBI) said it would drop a coal scam case against billionaire Kumar Mangalam Birla and…

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Dollar hits six-month high against rupee

The US dollar rose 63 paisas in the inter-bank market on Monday after which it touched the Rs103.30 mark. Experts…

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With commissioners’ retirement, trouble looming for SECP

With the retirement of Imtiaz Haider as commissioner and another set to retire next month, the Securities and Exchange Commission…

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South Africa initiates probe over alleged cement dumping from Pakistan

Pakistan’s exports of cement to South Africa may face serious problems as the International Trade Administration Commission of South Africa…

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Current account deficit increases to $454m in July

The current account deficit rose in the first month of this fiscal year, both as compared to July last year…

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