Economy
Pakistani Banks get a big shock from the government
The government has reportedly reached an agreement with the InternationalMonetary Fund (IMF) to implement a windfall tax, potentially reaching up...
Economy
RTI unearths big scandal in pension funds of Pakistan Government
An RTI inquiry has revealed that pensioners, both civil and military,residing abroad are receiving their pensions in foreign currency. TheMinistry...
Economy
Breakthrough development reported between IMF and Pakistan on Arrangement
The International Monetary Fund (IMF) and Pakistan have reached astaff-level agreement on the initial review within Pakistan’s Stand-ByArrangement (SBA), according...
Economy
Pakistani Rupee bounced back against US Dollar
After consecutive increases in the value of the dollar, a slight decreaseis being observed. Today, at the beginning of business,...
Economy
Income Tax Returns Non Filers: FBR takes strong punitive action
The Federal Board of Revenue (FBR) has announced an intensified initiativeagainst non-filers of income tax, notifying the International Monetary Fund(IMF)...
Economy
Increase in petroleum prices in Pakistan
In the upcoming adjustments to petroleum product prices expected in thesecond half of November, a dynamic scenario is anticipated. Predictionssuggest...
Economy
Bahria Town to declare Bankruptcy in a strategic move?
In Islamabad, there are murmurs that Bahria Town, a renowned housingsociety, may be contemplating a strategic move—declaring bankruptcy—toavoid a massive...
Economy
Petroleum prices in Pakistan to be increased
Despite the decline in international petroleum product rates, the price ofpetrol in Pakistan is projected to rise from November 16....
Economy
Gold prices register significant decrease
The price of gold in the United Arab Emirates has reached its lowest levelin a month. Yesterday, there was a...
Economy
Yet another inflation shock for consumers, Electricity price hike approved by ECC
The Economic Coordination Committee (ECC) has approved a Uniform QuarterlyTariff Adjustment for K-Electric consumers, resulting in an increase ofRs1.72 per...