Stories from Salman Siddiqui
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Rupee weakens to 162.16 ahead of IMF board meeting
Speculation comes true as rupee enters 160-165 range against dollar
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UK to fund projects worth 1b pounds in Pakistan
Britain will provide direct lending for schemes like infrastructure, roads, hospitals, and schools
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Gold touches another historic high at Rs80,500 per tola
Increase attributed to surge in world market due to escalating US-Iran tensions
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Cigarette manufacturer backs FED of Rs300 per kg
Insists the levy will assist in documentation of the industry
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Gold price touches fresh peak at Rs78,100 per tola
Metal becomes expensive following rise in world market that hit six-year high
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FBR working aggressively to broaden tax net
Will launch crackdown against people who have undeclared assets on July 1
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Govt to float Rs200b Sukuk next week for slashing circular debt
It will be second such issue, help pay partial dues of power producers
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K-P increases tax on people earning over Rs20,000
Also imposes tax on educational institutions, hospitals and fitness centres
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Current account deficit shrinks 29% to $12.68b
Decline comes on back of reduction in imports, growth in remittance inflows
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FDI drops to half at $1.6b in July-May FY19
PBC CEO says drop comes in wake of unwelcome environment for investors