IMF team reaches Pakistan, FBR reports Rs2.6tr tax revenue in Q1
FBR says in 4-month period from July to October, there was shortfall of Rs190bn in meeting overall tax target
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FBR says in 4-month period from July to October, there was shortfall of Rs190bn in meeting overall tax target
Food prices, which make up nearly half of inflation basket, likely increased at faster pace last month
Visiting IMF mission will also be briefed on arrangements for bridging $2.5bn financing gap
Spot gold drops 0.5% to $2,669.22 per ounce; US gold futures fall 0.7% to $2,675.90
Trading session opens with robust gains, pushing the KSE-100 Index up by 408 points early on
POL products remain largest source of customs duty collection, contributing 29.1% of total duties
Looking at next 3 months, public-sector employers expect new settlements to raise pay by median 5%
Brent crude futures dropped 31 cents, or 0.4%
Smaller cryptocurrency Ether rises above $3,200 for the first time in over three months
Pakistan strengthens economic ties through strategic partnerships; 34 MoUs signed
Company says these reductions are designed to stimulate sales and clear out existing stock ahead of upcoming models
DGIP spox urges citizens to ignore the unfounded rumours
Silver prices in local market trading at Rs3,300 per tola
Beijing doubles down on stimulus to support sputtering economy
Electric automaker's shares jumped 8.2% to $321.22
Power Division announces electricity relief package
Silver prices in the local market remain stable at Rs3,300 per tola
Inflows represent increase of 7% compared to previous month, 24% higher than same month last year
Economists say market’s growth is linked to Pakistan's improved economic rating
For the week, Brent is set to gain 3.1% while WTI is set to rise 4.1%
Though labour market is easing, wage pressures are not showing significant cooling
Over 86,000 power thieves arrested in nationwide crackdown since September 2023
Billion-dollar hydrocracker unit investment planned to convert furnace oil into premium fuels
Pakistan partners with Australia to enhance food and milk poduction with SIFC collaboration
Saudi Riyal remains stable, showing no change against Pakistani Rupee in open market
Committee also okays establishment of industrial estate on Pakistan Steel Mills land
ISPs, telecom companies, PTA will be legally bound to share customer information on request
Agency also improved country’s economic outlook from 'positive' to 'stable'
PIA’s routes to Europe and the UK have reopened, attracting major bidders for its privatisation
Retail price drop follows decline in prices paid to farmers after harvest of 2025 crop