Govt slashes petrol, high-speed diesel prices by Rs2
The federal government on Wednesday slashed the prices of petrol and high-speed diesel (HSD) by Rs2 per litre for the next fortnight. The new prices…
Business
Pak-India tensions drag PSX down over 3,500 points
The bourse saw a sharp decline on Wednesday as geopolitical tensions escalated following a late-night warning from the federal government that India may launch a…
Gold prices drop in Pakistan as global rates fall
The price of gold in Pakistan continues to drop, in line with the rates world over. According to the All Pakistan Sarafa Gems and Jewellers…
China denies trade talks with US despite Trump’s claim
China repeated Saturday that it had held no talks with the United States on trade issues, despite President Donald Trump’s claim that he had taken…
ADB announces additional assistance package of $330m for Pakistan
Asian Development Bank (ADB) has announced an additional $330 million in financial assistance for Pakistan’s social protection programme, aiming to benefit around 9.3 million people…
Gold prices hit new record high
Gold prices in Pakistan surged to an all-time high on Tuesday, tracking a sharp rise in international rates. According to the All-Pakistan Gems and Jewellers…
World Bank slams Pakistan’s tax system highly ‘unfair and absurd’
The World Bank has termed Pakistan’s tax system as “extremely unfair and absurd” and emphasized that property must be effectively brought into the tax net…
Pakistan Conditions Salaried Tax Relief on IMF Consent
Pakistan has ‘linked’ tax relief for the salaried class with the consent of the International Monetary Fund (IMF) in the upcoming FY2025-26 budget.As per details,…
Fitch upgrades Pakistan’s credit rating to ‘B-’ from ‘CCC+’
Global ratings agency Fitch on Tuesday upgraded Pakistan’s foreign currency credit rating to ‘B-’ from ‘CCC+’, citing increased confidence in the country’s progress on narrowing…
Pakistan becomes leading importer of solar panels
Despite no sweeping law, no global investment blitz, no prime minister announcing a green revolution, Pakistan still imported more solar panels than almost any other…