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Business
PSX seeks rational tax policies in budget
KARACHI: Pakistan Stock Exchange (PSX) has suggested that the government should work on developing the capital market through…
Big businesses oppose super tax
ISLAMABAD: Pakistan’s 100 largest businesses have opposed the continuation of the super tax and voiced their concerns about the…
IT minister approves Rs4.37b for USF
ISLAMABAD: Federal Minister for Information Technology and Telecommunication (ITT), Syed Aminul Haque, spearheaded significant…
Rupee sinks to new low at 308 in open market
KARACHI: Pakistani currency on Tuesday sank to a new record low at Rs308 against the US dollar in the open market, down 1%, or…
Asia to drive oil demand growth
DUBAI: Asia will lead oil demand growth of around 2 million barrels per day (bpd) in the second half of the year, a senior…
Textile exports plummet by 14% to $13.7 billion
KARACHI: Pakistan’s textile exports have experienced a significant decline of approximately 14% during the 10-month period of…
China, Pakistan enhance agricultural collaboration
SHANGHAI: The Shanghai Academy of Agricultural Sciences (SAAS) and the University of Agriculture, Faisalabad (UAF) have signed a…
Corporates in trouble as financial crisis persists
ISLAMABAD: German tech firm SAP has pressed the government to immediately address the challenges arising from the restrictions on…
Debt servicing to take lion’s share in budget
ISLAMABAD: The government may unveil a fiscally expansionary budget of around Rs14.6 trillion – an unprecedented 50% increase over…
Policy adjustments proposed to revitalise economy
KARACHI: Prominent businessmen and industry leaders have presented a series of essential policy adjustments to revitalise…