Business
Business
ADB Urges Pakistan to Implement Structural Reforms and Targeted Subsidies for Sustainable Economic Growth
Stressing the need for structural reforms, the Asian Development Bank (ADB) advised Pakistan to provide targeted subsidies to mitigate inflationary…
Customers Hope for Lower Vehicle Prices After Regulatory Duty Abolition
All Pakistan Motors Dealer Association (APMDA) Chairman Haji Mohammad Shehzad said Saturday that the abolition of regulatory duty would significantly…
Record Weekly Inflation in Pakistan: Food Prices Drive 48.35% YoY Increase
The official data for weekly inflation in Pakistan has hit a record high of 48.35% year-on-year (YoY) for the week…
FRB’s Tax Officers Seek to Leave Amid Protests Over Low Wages and Discrimination
Amid a critical period, Federal Board of Revenue (FBR) tax officers are seeking a two-month leave to protest low wages…
Federal Reserve Hikes Interest Rates, Hints at Potential Pause
The Federal Reserve implemented a quarter-point interest rate hike, increasing the overnight rate to 5.00%-5.25%, marking the tenth consecutive rise…
IMF Boosts Asia’s Economic Outlook Amid China’s Recovery, Cautions About Risks
The International Monetary Fund (IMF) increased its outlook for Asia's economy, crediting China's economic rebound for boosting growth. The IMF…
Rs620 Billion in Supplementary Grants Issued by Federal Government, Raising Concerns Over IMF Commitments
In the first ten months of the current fiscal year, the federal government granted nearly Rs620 billion in supplementary funding,…
Historic Heidi Horten Jewelry Collection Set for Record-Breaking Auction at Christie’s
Christie's auction house is preparing for a landmark sale of 700 jewels that once belonged to the late Austrian billionaire…
Pakistan’s Headline Inflation Expected to Remain Elevated, Finance Ministry Warns
The Ministry of Finance has warned that headline inflation is anticipated to remain heightened in the upcoming months, further exacerbating…