An International Monetary Fund (IMF) delegation is scheduled to visit Pakistan for talks regarding the initial assessment of the country’s $3 billion standby arrangement (SBA) on...
ISLAMABAD: The Federal Tax Ombudsman (FTO) has revealed the Federal Board of Revenue’s (FBR) failure to devise a standardised property valuation mechanism that aligns with the...
ISLAMABAD: The government has approved a hike of up to half a dollar per MMBTU or 3.8% in the prices of re-gasified liquefied natural gas (RLNG)...
BUSINESS Tuesday, October 24, 2023 Mehtab Haider Govt drops gas bomb as tariff hiked up to 193% ISLAMABAD: The government on Monday finally okayed a massive...
ISLAMABAD: The Economic Coordination Committee (ECC) will meet today (Monday) to green-light the plan to hike the gas tariff, a key part of the International Monetary...
ISLAMABAD: The Special Investment Facilitation Council (SIFC) has decided to only finance extremely important development projects in the provinces with 50% of funds allocated by the...
KARACHI: Pakistan’s current account deficit narrowed to $8 million in September, a 98% drop from last year, as remittances from overseas Pakistanis and lower imports boosted...
ISLAMABAD: The recent two-day decline in the price of rupee against the dollar, which has now reversed, was allegedly due to manipulation by certain banks, reported The...
KARACHI: Honda Atlas Cars and Pak Suzuki Motor Company (PSMC), the two major auto manufacturers in the country, have announced a temporary shutdown of production plants...
The local currency has started depreciating against the US dollar as Pakistan received low dollar inflows in the shape of loans during the consecutive second month...