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Web Desk
May 11, 2024

Government assures IMF of PIA privatisation “by June” this year

Reports indicate that the government plans to sell 51 per cent of PIA’s shares as part of the privatisation process.

Business

DW
May 11, 2024

Japanese angst as India set to overtake as 4th largest economy

The timing of India’s surge into fourth place in the world comes one year earlier than the IMF’s last estimate, due in large part to the weakness of the Japanese yen.

Business

Web Desk
May 10, 2024

FBR provides details of 5,000 non-filers to telecom operators for blocking SIMs

The FBR says its collaboration with telecommunication operators reflects its commitment to enforce tax laws

Business

Web Desk
May 10, 2024

IMF commends Pakistan’s tight monetary policy for controlling inflation

WEB DESK: The International Monetary Fund (IMF) has commended Pakistan for maintaining its current monetary policy, which involves keeping interest rates steady.

Business

Web Desk
May 10, 2024

Pakistan to issue green Sukuk bonds by end of 2024

Pakistan aims to introduce domestic green Sukuk bonds by December 2024, according to Senator Muhammad Aurangzeb.

Business

Web Desk
May 10, 2024

PSX closes week above 73,000 mark

The Pakistan Stock Exchange (PSX) continued its bullish trend on Friday, with the benchmark KSE-100 index surging above the 73,000 mark.

Business

Web Desk
May 10, 2024

Pakistan’s remittances dip by 4.8 per cent in April

Workers’ remittances into Pakistan increased by 27.9 per cent year-over-year (YoY) in April 2024, reaching $2.81 billion, according to SBP.

Business

Web Desk
May 10, 2024

Weekly inflation in Pakistan decreases to 22.32 per cent

According to a report released by the Pakistan Bureau of Statistics, the weekly inflation rate, measured by the Sensitive Price Index, experienced a decrease of 1.39 per cent

Business

Web Desk
May 10, 2024

Govt considers sales tax on tractors in upcoming budget

The government is considering imposing a sales tax on tractors, potentially leading to price hikes for this essential agricultural product.

Business

Web Desk
May 10, 2024

Solar panel prices continue to decline

The dealers said that installation of a 5kW solar power system now costs cheaper by Rs215,000 while the price of a 5kW system has decreased by Rs430,000.