The Auditor General of Pakistan (AGP) has recommended that the Capital Development Authority (CDA) conduct an inquiry into the non-transparent process related to the auction […]
Category: Business
Global Agriculture, Forestry, and Fishing Value Added Increases by 89% by 2022
ISLAMABAD: The global value added by agriculture, forestry, and fishing experienced significant growth of 89% in real terms from 2000 to 2022, reaching $3.8 trillion […]
PSX Shrugs Off Security, Political Concerns as Week Ends at Record High
Introduction The Pakistan Stock Exchange (PSX) showcased remarkable resilience and bullish momentum, closing the week at an unprecedented high despite escalating security concerns and political […]
Centre Approves Dedicated Road and Rail Access to Karachi Port: A Critical Step for Economic Growth
Introduction In a significant development aimed at addressing the critical congestion issues plaguing Pakistan’s major port city, the federal government has approved plans to provide […]
IMF Gas Reforms Ignite Dispute: Ministries Blame Each Other Amid Looming Deadline Threatening Industries
Introduction In Islamabad, a significant dispute has arisen between the Finance Ministry and the Petroleum Division regarding the implementation of a critical International Monetary Fund […]
Bulls Continue to Charge Ahead: KSE-100 Index Surpasses 99,000 in Intraday Trade
The Pakistan Stock Exchange (PSX) witnessed a spectacular surge on Friday, as the benchmark KSE-100 Index soared past the 98,000 mark and eventually surpassed the […]
FBR Introduces SOP for Reactivating SIMs After Income Tax Return Filing
The Federal Board of Revenue (FBR) has taken a significant step in ensuring compliance with tax laws by introducing a new Standard Operating Procedure (SOP) […]
Pakistan’s Foreign Exchange Reserves See Significant Increase, Reaching $11.29 Billion
Foreign Exchange Reserves Surge by $29 Million in a Week As of November 15, 2024, Pakistan’s foreign exchange reserves held by the State Bank of […]
Banks Boost Lending to Avoid Incremental Tax: Strategies and Implications
Introduction In a significant move, banks have ramped up their lending activities to avoid a hefty 15% incremental tax slated to be imposed at the […]
Production and Export of Petroleum Products Surge in FY25
Introduction In the first four months of the fiscal year 2025 (FY25), Pakistan has witnessed a significant boost in its petroleum sector. This growth is […]