BUSINESS
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Cabinet apprves closure of Pakistan Steel Mills
The federal government has decided to shut down Pakistan Steel Mills (PSM), a state-owned enterprise that has been incurring heavy...
Today’s gold rates in Pakistan Rs241,500 per tola
Gold prices in Pakistan remained unchanged in Pakistan on Tuesday. According to All Sindh Saraf Jewellers Association data, gold rates...
Headline inflation up at 12.6% year-on-year in June, says PBS
Picking up the pace at the outset of the new fiscal year, headline inflation came in at 12.6% year-on-year (YoY)...
IMF says budget approval ‘not enough’, demands Pakistan to ‘Do more’
The International Monetary Fund (IMF) on Saturday termed budget 2024-25 approval as not enough and demanded Pakistan to do more....
Tax-heavy budget moves to National Assembly ahead of IMF talks
Unleashing a tsunami of taxes, the Finance Bill 2024 cruised through the National Assembly on Thursday ahead of talks with...
IMF rejects govt move to cut tax rates, grant concessions
The International Monetary Fund (IMF) has refused to grant concessions on the majority of items proposed in the Finance Bill...
PM authorises JVs to relocate Chinese industries to Pakistan
Prime Minister Shehbaz Sharif on Wednesday permitted joint ventures (JVs) between the two nations to relocate Chinese industries to Pakistan,...
Aligning budget with IMF conditions was crucial, PM Shehbaz
Prime Minister Shehbaz Sharif said that aligning the budget for fiscal year 2024-25 with the requirements put forth by the...
Govt decides to cut PSDP budget by Rs 250bn to ‘overcome’ shortfall
Federal Minister for Planning Ahsan Iqbal said that the government would cut Rs 250 billion from the proposed budget for...
Senate recommends Rs 45,000 minimum wage
The Senate of Pakistan approved recommendations for the federal budget 2024-25, asking the government to fix the minimum monthly wage...
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