Business

Drone tech firm set to secure $1m investment from US venture capitalist

Withdraws condition of filing affidavit with sales tax return by company CFOs

Oil industry warns Ogra of losses due to restrictive fuel pricing and urges for price formula revision.

Warns of agricultural slowdown, global energy price risks

Punjab Finance Minister stresses reforms in retail sector, calling for formalisation to boost economy and tax fairness

Says deviation from set formula causes loss of millions of rupees

Weekly update shows increase of $215m in forex deposits

Pakistan’s Ambassador to UAE, Faisal Niaz hailed event as significant platform for Pakistan’s growing IT sector

A day earlier gold per tola saw a sharper rise of Rs2,200.

Index peaked at 86,520.29 before a sell-off drove it down, closing at 85,585.43

Total liquid foreign reserves in the country stand at $16.11 billion with commercial banks holding $5.09 billion

KCCI, PTEA press FBR to ease sales tax filing rules, cite supply chain gaps

Pakistani rupee stays stable, with the US dollar selling at Rs278.25

See huge potential for bilateral trade that has not yet been realised

KSE-100 index jumps 365.32 points, settles at 86,205.66

Meets Kyrgyz minister to finalise transit trade agreement, MoUs for agriculture, trade

Seeks independence from govt control; refinery to double output with upgrade

Point out opportunities in multilateral cooperation, regional security, economic development

Project development will generate lots of job opportunities, high-scale investment

IEA predicts fossil fuel demand to peak by 2030, boosting green energy investment despite global uncertainties.

Says new tax rates for late filers cannot be applied to old property transactions

Oil prices remain near a two-week low due to weaker demand forecasts and reduced Middle East supply disruption fears.

Despite losses, London has rebounded to 615,000 workers, expanding in sectors like insurance, data analysis

Gold prices surged globally and locally, with rates 24-carat gold per tola rising by Rs2,200, reaching Rs277,200.

Pakistani rupee saw a slight dip, with the US dollar selling at Rs278.15.

PSX surges 609 points, pushing the KSE-100 index past the 86,000-point mark.

FBR Chairman Rashid Mahmood Langrial says that 90% of people in Pakistan do not pay taxes.

Livelihood of small-scale farmers at risk as high input costs become unbearable

Additional tax is due to heavy lending to govt; institutions seek exemption

Stresses Pakistan should aim to have 5th largest economy, IT industry

Shabbir says Islamabad successfully hosting SCO is gamechanger for CPEC, regional cooperation

Despite hefty foreign selling, KSE-100 index soars 578.96 points at 85,840.34

Files to raise up to $25b via stock, debt offerings; enters $10b credit agreement

Nine-month loss hits Rs15.3 billion as costs, financial pressures mount

Envoy focuses on enhancing relations with US in security, trade, people-to-people connections

China may issue 6 trillion yuan in bonds to boost its economy, but unclear details are dampening investor sentiment.

Says heavy-handed measures are hurting businesses, calls for immediate end to harassment

HSD will rise from Rs246.29 to Rs251.29 per litre while price of petrol will remain steady at Rs247.03 per litre

PKR marginally declines against USD, depreciating 0.03% to close at 277.74 in the inter-bank market

Rupee rises to Rs278.10 against the USD but falls to Rs302.98 for the euro.

Mini-budget looms as Q1FY2024-25 target missed despite taking advances

Chinese firm Modern Ceramics to invest Rs8 billion in Punjab for a premium sanitary products facility.

Independent bank will help reduce reliance on Western currencies, promote trade

Prices fall 2% as report projects world oil demand will rise by 1.93 million barrels per day

Fan will lead consultation for new partnership strategy to lift growth, boost competitiveness

Ignite sponsors 10 innovative startups at Dubai tech exhibition

KSE-100 index drops 222 points as political noise, foreign outflows weigh

Funds will help execute 'SAFER' initiative over course of 3.5 years

Study highlights importance of connectivity in regional prosperity

PKR remains relatively stable, inching down against USD in the interbank market to close at Rs277.66