Browsing Category
BUSINESS
Pakistan’s Food Export Grew by Whooping 22%
Pakistan’s food export sector saw a significant 22% growth in the first four months of the fiscal year, reaching $2.36 billion.
FBR restricts functions of customs Intelligence
The role and functions of Directorate General of Intelligence and Investigation (Customs) was curtailed to intelligence gathering, collection of information regarding evasion of duties or taxes and exercise powers of Anti Money Laundering…
Cryptocurrency Market Value Hits $3 Trillion
Singapore: The value of the global cryptocurrency market has surpassed $3 trillion as speculation that more lenient US regulations may lead to a new boom for the asset class as a whole increased after Donald Trump was elected president.…
IMF Discussions Wrap Up with Assurances from Pakistan
Islamabad: The five-day talks between Pakistan and the International Monetary Fund (IMF) reportedly ended with the primary directive to the province to ensure that all the arrangements needed to implement the agricultural income tax within…
CDWP Approves Rs. 58.857 Billion for Energy Projects
Islamabad: The Central Development Working Party (CDWP) has authorized three significant energy-related development projects in a meeting presided over by Ahsan Iqbal, Minister for Planning, Development, and Special Initiatives (PDSI) and…
Punjab transfers Rs200 billion to Federation to achieve surplus budget target
ISLAMABAD: In compliance of the International Monetary Fund (IMF), Chief Minister Maryam Nawaz led Punjab govt has transferred Rs200 billion to the Federal Government to show surplus of Rs40 billion to secure the IMF loan program worth $7…
Privatization Minister Invites Spanish Investors for B2B
Privatization Minister Invites Spanish Investors for B2B. Spain and Pakistan can enhance bilateral cooperation including in engineering, highways, overheads and bridges.
Oil Prices Dip Amid Oversupply Concerns and Stronger Dollar
ISLAMABAD, November 15, 2024 – Oil prices fell slightly on Friday as concerns about oversupply and weakening demand, fueled by a stronger U.S. dollar, outweighed a sharp decline in U.S. fuel stocks.
By 0105 GMT, Brent crude futures had…
IMF shows concerns over provinces’ fiscal performance, sources
ISLAMABAD: The International Monetary Fund (IMF) has expressed serious concerns over the provincial governments for not giving desired surplus budget to the federal government during the first quarter of the current fiscal year, well…
Intraday Market Surge: Bulls Boost PSX by 800 Points
Karachi: On Thursday, bulls took back control of the Pakistan Stock Exchange (PSX), as intraday shares increased by over 800 points, a move analysts credited to improving macroeconomic stability.
A day ago, the PSX recovered just 131…