Business

Business

PSX Crosses 74,000 Mark as Bulls Dominate Market

On Monday, bullish activity propelled the Pakistan Stock Exchange (PSX) past a significant threshold, with the KSE-100 index surpassing the…

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Petrol Prices May Drop by Rs14 After Mid-May

In a move that could relieve the inflation-stricken public, the government is poised to reduce fuel prices, potentially decreasing up…

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Deputy PM Ishaq Dar Leads Strategic Dialogue in Beijing

Deputy Prime Minister Ishaq Dar arrived in Beijing on Monday to co-chair the 5th Pakistan-China Foreign Ministers’ Strategic Dialogue. Upon…

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FBR Slaps Massive 90% Tax on Non-Filers’ Mobile Balances

The Federal Board of Revenue (FBR) has proposed an additional withholding tax on non-filers. The tax rate has drastically increased…

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IMF Highlights Pakistan’s $9.1 Billion Financing Gap and Debt Repayment Challenges

The International Monetary Fund (IMF) reports that Pakistan faces a substantial external financing gap of $9.1 billion over the next…

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Pakistan Launches Five-Year Privatization Program for State-Owned Enterprises

The Privatization Commission has formulated a five-year program to privatise all government-owned commercial entities, which will be presented to the…

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IMF Highlights Delays and Challenges in Pakistan’s Economic Reforms

The International Monetary Fund (IMF) has expressed concerns regarding delays in governmental reforms in Pakistan. On Friday, it highlighted that…

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Telecom Operators Begin Manual SIM Blocking for Tax Non-filers

On Friday, telecom operators agreed to manually block SIMs for non-filers in stages, resolving a week-long tax regulation deadlock. This…

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WHO Recommends 37% Hike in Federal Excise Duty on Cigarettes

The health ministry is considering increasing the Federal Excise Duty (FED) on cigarettes by 20%. In comparison, the World Health…

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