Business

ISLAMABAD: Federal Minister for Information Technology and Telecommunication (ITT), Syed Aminul Haque, spearheaded significant discussions during meetings of the Universal Service Fund (USF) Policy Committee and the Ignite Policy Committee.…

SHANGHAI: The Shanghai Academy of Agricultural Sciences (SAAS) and the University of Agriculture, Faisalabad (UAF) have signed a Letter of Intent (LoI) on China-Pakistan agricultural science and technology collaboration. This milestone…

ISLAMABAD: German tech firm SAP has pressed the government to immediately address the challenges arising from the restrictions on opening Letters of Credit (LCs) as they have hurt its business in Pakistan. Interacting with the media, SAP…

ISLAMABAD: The government may unveil a fiscally expansionary budget of around Rs14.6 trillion – an unprecedented 50% increase over this’s year’s approved budget – mainly on account of a record high interest payments. Sources told Daily…

ISLAMABAD: The parliamentary Public Accounts Committee (PAC) was informed on Wednesday that circular debt in the gas sector increased during the current year but efforts were afoot to bring it down. The committee which met with its…

KARACHI: Bad news is aplenty. Pakistan is yet to clinch IMF’s nod to complete the ninth review. Political temperature is not dropping despite assurances to the Supreme Court. Country is in the midst of economic meltdown tick by tick as a…

KARACHI: Imagine a highly skilled individual who has been forced into unemployment and is now grappling with the burden of supporting his family. He faces mounting bills, educational expenses, and other financial pressures, yet there is…

ISLAMABAD: There has always been a problem in Pakistan’s energy sector. Earlier, there were load-shedding issues due to generation capacity limitations. Now, there is capacity surplus causing circular debt. There is also higher fuel prices…

ISLAMABAD: Pakistan is widely recognised as one of the country’s most vulnerable to the impacts of climate change. The nation is actively working to mitigate the effects of climate change on its food and water supply, healthcare system,…

ISLAMABAD: The federal government has planned to fix the new tax target at Rs9.2 trillion amid disclosure by the Reforms and Revenue Mobilisation Commission (RRMC) that the Federal Board of Revenue (FBR) collected three-fourths of income…