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Dawn Business |
PESHAWAR: The Khyber Pakhtunkhwa government on Friday presented Rs1.36 trillion budget with a surplus of Rs96.3 billion for the ongoing financial...
ISLAMABAD: The telecom operators on Friday agreed to initiate the manual blocking process in small batches of non-filers, ending the week-long...
ISLAMABAD: Deputy Prime Minister Ishaq Dar said on Friday that the government would limit its business only to strategic and essential state-owned...
KARACHI: The steep fall estimated in the main inflation in May could pose a challenge for the State Bank of Pakistan (SBP) to maintain the record...
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), eased to 22.32 per cent in the week ending May 9, official data...
KARACHI: The robust growth in remittances and foreign exchange reserves, along with other stimulants, especially deceleration in short-term...
ISLAMABAD: The Federal Board of Revenue (FBR) held a meeting on Friday to discuss ways to implement steps for digitalisation of the tax system. An...
ISLAMABAD: Deputy Prime Minister Ishaq Dar said on Friday that the government would limit its business only to strategic and essential state-owned...
ISLAMABAD: The country’s development programme continues to struggle, as total spending in the first 10 months of FY24 amounted to just 37.5 per...
ISLAMABAD: While the health ministry has proposed that the Federal Excise Duty on cigarettes be increased by 20 per cent, the World Health...
ISLAMABAD: The telecom operators on Friday agreed to initiate the manual blocking process in small batches of non-filers, ending the week-long...
ISLAMABAD: Pakistan is engaging the Chinese leadership for the revival of more than 1800-megawatt of hydropower projects (HPPs) and investment from...
Bulls maintained their position at the Pakistan Stock Exchange (PSX) on Friday as shares gained over 700 points in intraday trade. The KSE-100...
ISLAMABAD: The international survey agency has blamed the Federal Board of Revenue (FBR) for overburdening the taxpaying sectors due to its failure...
KARACHI: The book-building process of International Packaging Films Ltd’s (IPAK) initial public offering has concluded with an oversubscription of...
ISLAMABAD: While hearing K-Electric’s request for up to Rs18.6 per unit additional fuel cost recovery from its consumers for the past nine months,...
KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves reached a two-year high, crossing the $9 billion mark after inflows from...
KARACHI: Amid lacklustre auto sales overall, the Korean assembler’s record Rs1.5 million price cut has worked, as the company earned billions in...
KARACHI: The stock market snapped a three-day losing streak on Thursday as selective value-hunting helped the benchmark KSE 100-share index close...
ISLAMABAD: The attorney general’s office has written a letter to the Federal Board of Revenue (FBR) chairman over the poor performance of the tax...
ISLAMABAD: The international body representing telecom operators has expressed concerns over the Federal Board of Revenue’s (FBR) decision to...
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday received a message from his Qatari counterpart underscoring potential avenues for reinforcing...
Downside risks for the economy remain exceptionally high, the International Monetary Fund (IMF) said on Friday in its staff report ahead of the...
Bulls continued their stampede at the Pakistan Stock Exchange (PSX) on Friday as shares gained 427 points to reach a new milestone of 73,000 points...
ISLAMABAD: World Bank Vice-President for South Asia Martin Raiser concluded his three-day visit to Pakistan on Wednesday and reaffirmed the...
KARACHI: Shell Pakistan Ltd (SPL) posted a profit after tax (PAT) of Rs314 million during first quarter of 2024 against a loss of Rs4.762 billion...
ISLAMABAD: The extended and massive rainy spell in April, higher-than-usual temperatures and anticipated normal monsoon rainfall have improved...
ISLAMABAD: The Petroleum Division has requested the Cabinet Committee on Energy (CCoE) to extend the deadline for signing upgrade agreements with...
Pakistan State Oil (PSO) said it is in talks with the government on a plan to acquire stakes in public sector energy companies and offset mounting...
KARACHI: The stock market was on a losing streak for the third consecutive day as investors indulged in profit-taking on pre-budget uncertainty....
KARACHI: Industrialists and analysts express growing concerns as political protests and wheat farmer demonstrations escalate, casting shadows over...
ISLAMABAD: The Federal Board of Revenue (FBR) has agreed in principle to suspend another senior taxman, who sought adjournment in a case involving...
The National Electric Power Regulatory Authority (Nepra) on Wednesday authorised ex-Wapda distribution companies (XWDiscos) to levy a Rs2.83 per...
KARACHI: Battery energy storage systems (BESS), in combination with solar and wind power, can bring down electricity prices to as low as 6-8 cents...
ISLAMABAD: Pakistan’s trade deficit with the Middle East narrowed 28.18 per cent to $9.521 billion in the first nine months of the current fiscal...
KARACHI: Pakistan’s largest conglomerate, Engro Corp, is looking to expand into new markets, including the Middle East, Central Asia and Africa,...
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Tuesday approved 400,000 tonnes of additional wheat procurement by the...
QUETTA: As the wheat import scandal refuses to die down, former caretaker prime minister Anwarul Haq Kakar has said he never blamed the provinces...
• Dar terms talks with Saudi investors’ delegation ‘elaborate’ • FM explains did not sanction wheat import as ECC head, reiterates Islamabad...
QUETTA: Balochistan Economic Forum President Sardar Shoukat Aziz Popalzai has said that the province has a wider scope of socioeconomic...
KARACHI: Urea sales hit a three-year low, plunging 49 per cent month-on-month to 328,000 tonnes in April and 33pc year-on-year. Sherman Research...
KARACHI: Citi Pharma Ltd (CPL) has entered into a joint venture with Hangzhou Newsea Technology Co Ltd, a renowned player in the Chinese...
KARACHI: Dubai Islamic Bank Pakistan Ltd (DIBPL) has signed an issuing bank agreement with the International Finance Corporation (IFC) to support...
KARACHI: Amid consolidation of overnight gains, the stock market on Tuesday turned in a subdued performance as the KSE-100 index inched lower in...
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday ordered stern action against the Federal Board of Revenue (FBR) officials, including its...
Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday said the country could not be dictated and would consider only its own interests in...
KARACHI: The boards of Dawood Hercules Corporation Ltd (DH Corp) and Engro Corporation Ltd (Engro Corp) have, in principle, approved a proposal to...
ISLAMABAD: The Power Division has sought immediate disbursement of about Rs130 billion on account of subsidy payments against K-Electric and Azad...
ISLAMABAD: Services exports grew for the second consecutive month, posting a rise of 6.77 per cent year-on-year in March after contraction for the...
KARACHI: Growing optimism about likely major business deals during the visit of a high-powered Saudi trade delegation lifted the benchmark KSE 100-...
ISLAMABAD: The Competition Commission of Pakistan (CCP) has observed that the takeover of Telenor Pakistan by the Pakistan Telecommunication...
ISLAMABAD: Just days after publicly opposing the government’s plan for privatising loss-making public enterprises, PPP Chairman Bilawal...
KARACHI: As Pakistan pursues various options to attract investment, especially foreign direct investment (FDI), the Pakistan Business Council (PBC)...
GILGIT: For the first time, the Gilgit-Baltistan Finance Department collected a record Rs3 billion in the July-March period of the current fiscal...
ISLAMABAD: The telecom companies have collectively forwarded their concerns to the Ministry of IT that the Federal Board of Revenue (FBR) decision...
Sheikh Ahmed bin Saeed Al Maktoum, president of the Dubai Civil Aviation Authority and CEO of flag carrier Emirates, has kicked off the mega travel...