BUSINESS
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PM hints of more inflation after agreement with IMF
Prime Minister Shehbaz Sharif on Wednesday admitted that there will be more inflation as a result of the possible agreement...
Govt imposes FED on first, business-class international flights
Following the implementation of demands of the International Monetary Fund (IMF), the government has imposed Federal Excise Duty (FED) on...
Cabinet approves regulatory duty on luxury goods
The federal cabinet has approved extension of regulatory duty on luxury goods, including vehicles and mobile phones. The cabinet approved...
US expresses concern about debt owed by Pakistan to China
The United States has expressed concern about the debt owed by Pakistan to China, said US State Department Derek Chollet;...
Government increases GST on all packaged items up to 18%
The government of Pakistan on Wednesday along with increasing tax on cigarettes also increased the General Sales Tax (GST) on...
Cabinet approves Rs7 per unit raise in power tariff
The federal government has decided to immediately implement the conditions set for the restoration of the IMF program. The federal...
World Bank’s new report lists solutions to distortions, economic growth
WEB DESK The World Bank (WB) on Friday said that Pakistan’s economy can grow sustainably only if the country introduces...
Foreign exchange reserves fall to nine-year low
WEB DESK In an alarming sign for the national economy, the country’s foreign exchange reserves have fallen to a nine-year-low....
Price of gold falls Rs2,000 per tola
WEB DESK The price of gold fell below the psychological barrier of Rs200,000 for the first time in 23 days...
Oil marketing firms sound alarm over availability of petroleum products
WEB DESK Oil marketing firms in the country have sounded alarm over the availability of petroleum products with the sudden...
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