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Web Desk Karachi
Feb 17, 2025

IMF, government to discuss reforms on energy subsidies, green mobility

These Reform Measures (RMs) are part of the Resilience and Sustainability Facility (RSE) for Pakistan and the Finance Ministry has asked the concerned Ministries/ Divisions and provincial representatives and Governor State Bank of Pakistan to attend the meeting.

Business

Web Desk Karachi
Feb 17, 2025

Pakistan, Saudi Arabia vow to enhance economic cooperation at AlUla Conference

The meeting highlighted potential for enhancing bilateral trade, investments, and financial collaboration, with both ministers affirming their dedication to harnessing the full potential of their countries’ strategic alliance.

Business

Web Desk Karachi
Feb 17, 2025

Real estate sector stuck in limbo as decision on tax incentives deferred

The proposal, which includes reducing property transaction taxes and abolishing the federal excise duty, has been met with mixed reactions from stakeholders.

Business

AFP
Feb 16, 2025

Cryptocurrency promoted by Argentine President crashes

Hours later, Milei deleted the message, saying: “I did not know the details of the project and after learning about it, I decided not to continue promoting it.”

Business

Reuters
Feb 15, 2025

Baku Steel, Jindal frontrunners to buy Italy’s Ilva

Acciaierie d’Italia has been under state administration after struggling to maintain production amid rising energy costs and weak demand.

Business

Reuters
Feb 15, 2025

ECB’s Panetta sees little inflation impact from higher US tariffs

Fabio Panetta calls for policy decisions to be “supported by communication focused on the medium-term outlook for the real economy and inflation”.

Business

Web Desk
Feb 15, 2025

Gold prices drop sharply across Pakistan

The gold prices in Pakistan dropped sharply on Saturday by Rs 4700 per tola after a rising trend was witnessed in the past few days.

Business

AFP
Feb 15, 2025

OpenAI board rejects Elon Musk-led buyout offer

“OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition,” chairman of the board Bret Taylor said in a statement posted by the company on Musk-owned X, formerly Twitter.