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Web Desk
Jun 12, 2024

Gold prices move up in Pakistan by Rs 600 per tola

The 10-gram gold was sold at Rs207,390 after it registered an increase of Rs514, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Business

Web Desk
Jun 12, 2024

Budget 2024-25: Which items are likely to become more expensive?

Imported items such as old cars, mobile phones, food items, chocolates, milk, yogurt, clothes, soap, shampoo, hair color, makeup, perfumes, and lotions are anticipated to become more expensive.

Business

Web Desk
Jun 12, 2024

Chinese company acquires Lahore Citi hospital for Rs 700 million

Wang Yanfei, CEO Jiu Zhou, mentioned that the Henan business delegation was visiting Pakistan in March 2024. “During our trip, we explored several cities in Pakistan and carefully assessed investment opportunities.

Business

Web Desk
Jun 12, 2024

Stock market continues to falter on annual budget expectations

The federal government is slated to announce federal budget for fiscal year 2024-25 today, after which the index is expected to stabilise after initial response, which might or might not be positive.

Business

Web Desk
Jun 12, 2024

Govt and IMF to finalise tax proposals for next fiscal year

The tax target for the next fiscal year is expected to be set at Rs12,900 billion, a significant increase from the current fiscal year’s target of Rs9,400 billion.

Business

Web Desk
Jun 11, 2024

Passenger car sales in Pakistan jump 115.7 per cent

Auto sales in Pakistan saw a significant year-on-year increase of 100.4 per cent in May 2024, reaching 10,949 units.

Business

Shahzad Paracha Web Desk
Jun 11, 2024

Pakistan’s tax exemptions cost exchequer Rs3.879 trillion

Government’s provision of tax exemptions include Rs476 billion in income tax, Rs2.858 trillion in sales tax and Rs543 billion in customs duty

Business

Web Desk
Jun 11, 2024

Pakistan Railways slashes fares by 25 per cent for Eidul Azha

Pakistan Railways has unveiled a generous Eidul Azha gift for commuters, announcing a 25 per cent reduction in fares across all train types and classes.

Business

Web Desk
Jun 11, 2024

Pakistan Economic Survey FY24 highlights agriculture as key growth driver

The recently released economic survey of Pakistan Economic Survey FY24 sheds light on the significant role played by the agricultural sector in driving economic growth.

Business

Web Desk
Jun 11, 2024

Pakistan’s economy rebounds with 2.38 per cent growth in FY2023-24

Pakistan’s economic landscape has witnessed a notable turnaround, with the real Gross Domestic Product (GDP) recording a growth of 2.38 per cent in the fiscal year 2023-24.