Business

FBR informs Senate budget to hike fines on tax-evading retailers from Rs0.5m to Rs5m, aiming to register 7m via POS.

Gold per tola increased by Rs6,600, while 10-gram gold saw an increase of Rs5,659.

Trip comes as govt, global lender negotiate tax targets, defence spending, and relief for salaried class ahead of new

JCPenney closes 7 stores May 25 amid restructuring after 2020 bankruptcy, impacting locations nationwide.

The Savings Account rate dropped by 100bps to 9.50% from 10.50%, according to Topline Securities.

Six major projects worth Rs227.34b were referred to ECNEC for final approval

Govt authorises Petroleum, Finance Divisions to raise levy up to Rs90 per litre

PAAPAM urges phased implementation of National Tariff Policy 2025–30 to protect local industry, jobs

Bullion records increase of meagre Rs300; rupee down 15 paisa to 281.92/$

Balochistan’s olive oil shines at global contest

Tech talent going abroad as local firms face tax disparity, policy inconsistency

KSE-100 index falls 719 points as investors adopt cautious stance

Mufti Rehman warns time is running out for banks to comply with court's order

Say policy changes will turn Pakistan into import-dependent economy

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Govt receives technical bid for Jamshoro power station, no offers for other projects

Soars to $121.5m, down 23.1% MoM; hits $1.83b in 10MFY25

Health body pushes for high levies on beverages, FED on processed food to curb diseases

Ginning, textile mills may be forced to run below 50% capacity

Prospects of policy easing, circular debt resolution drive index up by 40 points

Govt aims to revive yields to 10m bales by 2025, after yields dropped to a historic low of 4.9m in 2022-23

Ministry clarifies 11 new benchmarks are logical extensions under $7b MEFP

He highlighted SITE Area's decades-long water crisis and called for fairer taxation.

Bullion rallies globally on US rating downgrade; rupee loses 11 paisa to 281.77/$

Commerce minister unveils plans to establish dedicated registry, says 200 products have already been identified

The price per 10 grams rose by Rs3,429

Should pursue strategic trade deals with China and US, invest in high-value sectors

Policy steps remain confined to bridging revenue gaps by raising taxes while neglecting market distortions

Successive govts fail to agree on meaningful steps to reverse large fiscal deficits

$1b IMF tranche a welcome development for strained economy, offering fiscal relief and framework for reform

Public system stabilises wild swings in food prices, but leaving it to market will be politically costly

Govt to roll out fiscal measures from July 1 to cut deficit, tackle rising energy-sector debt.

It emerges as crucial strength of Pakistan that will build strong image globally

Desires to place Pakistan among world's top 20 economies

Benchmark KSE-100 index soars 11.6% — the highest in five years

Routes will connect Central Asia, Europe and Russia via China, Afghanistan and Iran

Conversion of 27,000 tube wells delayed by funding gaps, security concerns

Fall to 43,895 tons primarily due to closure of Iran border

Downgrade comes on concerns over nation's growing debt pile

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Talks focus on strengthening scientific, tech collaboration

Pakistan needs over $19b to bear foreign debt cost, bridge deficit in FY26

With this breakthrough project, Pakistan's real estate industry is poised for growth and modernisation

10MFY25 surplus hits $1.9b after 14 years; April balance falls to $12m

Low base effect fades; short-term inflation rises 1.03% WoW

Economic worries overshadow strong week; KSE-100 dips 313 points

Oppose sweeping powers to local administrations without judicial oversight

Experts call for creating opportunities to increase exports to US

Lender identifies Rs1tr gap in next fiscal year's proposed target of Rs14.3tr

Haroon Akhtar highlighted that the initiative aligned with the prime minister's vision for a Green Pakistan