Business

K-P finance adviser says federation unhappy with 42.5% share in tax pool

Company executives arrive to assess security protocols, procurement strategies

Two-part policy aims to force industries to stay on grid or face higher fixed charges

ECB says gold accounted for 27% of global reserve assets at end-2025, compared with 22% for US Treasuries

Brent futures gain $2.3, or 2.4%, to $98.30 a barrel

'India fails to impose and effectively enforce forced labour import prohibition,' office says in report

Benchmark index slips to 170,647 as investors turn cautious

Trade agency says it will impose additional duties of 12.5% on remaining 45 countries it investigates

Registers increase of Rs4,600 per tola; rupee inches up

Allegtaion that Inland Revenue officials recovered large amount under coercive circumstances without lawful assessment

Exports decline 36%, local sales drop 17% while north-based mills see 22% fall in total despatches

13.5km Babusar Tunnel to be part of four-lane project reducing travel distance by 120km

KSE-100 index gains 421.57 points in cautious trading ahead of budget

Pak-China cooperation enters tech, industrialisation phase

Demand for Pakistani nuts surges in China on consumer interest in healthy snacks

OICCI survey finds 70-80% of firms postponing investments amid inflation, policy uncertainty and supply chain disrupt

Fuel supply delays, high costs impact power sector; ministry claims 20 paisa relief in June

Petrol, diesel volumes fall 11.9%, 32.3% as Iran-US war drives prices up 59%

Market participants remained cautious amid lack of strong domestic trigger, uncertainty regarding US-Iran negotiations

APCC sets 8.2% inflation goal as imports may cross $70b amid external pressures

Brent crude futures lost 75 cents, or 0.79%, to $94.23 a barrel

Business delegation secures export refinance rate at 4.5% until 2027, PRAL head office moved to Karachi

Port utilisation increases to 30% with hopes for further growth amid ME tensions

Pakistan lags behind Bangladesh as 37% tax suppresses adoption, slows 5G

Stronger dollar drags safe haven; rupee inches up vs dollar

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Recovers, allocates 230 acres via open tenders for business ventures

PASMIDA secures cooperation pledge as five-year agreement with JISMA paves way for local exhibition next year

Geopolitical tensions, budget jitters also fuel heavy stock selling

Half of capital will go to SoftBank data centres; Macron aims to make France AI leader

The price of 10 grams of gold also decreased by Rs3,773 to Rs404,459

Absence of positive signals from Strait of Hormuz and budgetary concern weigh on market sentiment

US crude futures up $2.88 to $90.24 a barrel as of 12:01pm PST, Brent futures rose $2.78 to $93.9 a barrel

Energy has become a weapon, supply chains are being redrawn and vulnerable economies like Pakistan stand exposed

Tax potential is Rs30tr if informal economy, real estate & others are documented

Digital inclusion not technical problem; it's design problem that can be fixed

A mid-level and high-earner now pay same top rate; ambition being taxed out of formal economy

Young freelancers built bridge to global economy; that bridge is now burning

GDP declines 0.1% as trade uncertainty, tariffs and falling investment pressure economy

KSE-100 index adds 6,119 points on US-Iran ceasefire extension

Pilot salary payments, healthcare disbursements using e-CNY; incentivises banks to boost usage

P@SHA calls for clear distinction between freelancers, remote workers

Trade agency said that the two sides will continue to advance their discussions on June 16-17 in Washington, DC

Tax collectors need Rs91.6b per day in June to salvage the year

Policymakers take steps to rein in prices; political pressure erodes trust

Current policy focuses on structural reforms, greater utilisation of local resources, less reliance on external chains

Chinese brands lead as nine full EVs, 11 plug-in hybrids prepare for launch

The price of gold rises by Rs1,300 per tola in Pakistan

Musharaka contracts at 11.5% dominate as banks manage short-term liquidity

KSE-100 index surges 2,238 points; FFC leads rally after signing $1.1b China deal