Saturday , 18 January 2025

Business

Business

Govt to Raise Petrol and Diesel Freight Margin by Rs. 2.5/Liter

The federal government will temporarily increase the inland freight equalization margin (IFEM) by Rs. 2.5 per liter on petrol, diesel, and other fuels...

Business

Pakistan Stock Exchange Weekly Report: Record Gains Observed

The Pakistan Stock Exchange (PSX) witnessed a historic positive trend during the trading week. The KSE-100 Index surged by a record 3,559 points...

BusinessWorld

Bitcoin Hits Record High, Breaches $94,000

Bitcoin has reached a historic milestone, surpassing the $94,000 mark for the first time ever. Early Wednesday morning (PKT), the cryptocurrency peaked at...

BusinessPakistan

Pakistan’s Debt Hits Record Rs. 85,836 Billion, Rising by Rs. 7,417 Billion in a Year

Pakistan’s debt and liabilities have reached a historic high of Rs. 85,836 billion, marking an increase of Rs. 7,417 billion in just one...

BusinessPakistan

Economy Stabilizing, Inflation Drops from 38% to 7%: Federal Finance Minister

Federal Finance Minister Muhammad Aurangzeb announced during a press conference that government measures have led to a significant decline in inflation and interest...

Business

PKR Gains Against British Pound, Holds Steady Against USD

The Pakistani rupee (PKR) strengthened against the British Pound and other major currencies in the interbank market today. However, against the US Dollar,...

Business

FBR Launches ePayment 2.0 for Easy Online Tax Payments

The Federal Board of Revenue (FBR) has rolled out ePayment 2.0 on the IRIS 2.0 portal, streamlining tax payments across Pakistan. This system...

BusinessPakistan

Govt Proposes Tax Breaks, Lower Import Duties for New Energy Vehicles

The government is drafting the New Energy Vehicle (NEV) Policy 2025-30 to cut carbon emissions and boost local NEV manufacturing. Proposed incentives include...

Business

Rupee Nears 278 Against US Dollar After Consecutive Declines

The Pakistani rupee weakened for the second day against the US dollar, opening at 278 in the interbank market and closing slightly lower...

Business

Gold Prices in Pakistan See Major Drop, Falling by Rs. 7,000 per Tola

Gold prices in Pakistan witnessed a significant drop, decreasing by Rs. 7,000 per tola to Rs. 270,500, while 10 grams fell by Rs....