Business
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IMF demands hike in GST, cigarette duty hiked by 1%
Government of Pakistan Introduces New Tax Measures to Appease IMF. In an effort to revive its bailout program, the Shehbaz…
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Interbank rupee gains momentum against dollar
The Pakistani rupee gained ground against the US dollar in interbank trading on Tuesday, rising by Rs2.59 to be quoted…
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Possible Rs20 Increase in Petrol Price from Feb 16
Pakistan may experience another significant surge in petrol prices in the upcoming fuel price review on February 15, 2023, with…
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IMF virtual talks prelude: subsidies end, power tariffs hike approves by Cabinet
The Federal Cabinet has approved a new policy that aims to increase power tariffs and eliminate subsidies. This decision comes…
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Govt to Impose Rs 170 Billion In Taxes to Revive Loan Program
Pakistan’s Finance Minister, Ishaq Dar, announced that the country’s recent talks with the International Monetary Fund (IMF) have ended “positively”…
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U.S. Dollar Hits Rs276.58 Record High, Pak Rupee Falls
Pakistan’s currency hit a new historic low as the US dollar closed at Rs276.58 in the interbank market on Friday.…
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Govt dues on incremental units of 7 billion will be paid, Tauseef Farooqui
Karachi: Chairman of National Electric Power Regulatory Authority (NEPRA) Tauseef Farooqui has said that Rs.7 billion of incremental units Govt…
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Is It Volatile to Invest in Cryptocurrencies and Bitcoin?
Bitcoin is a digital money that enables for immediate payments to anybody, anywhere in the globe. It operates without a…
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Gold Price Surpasses Rs200,000 per tola on Friday
Following the rupee’s freefall against the US dollar on Friday, the price of gold topped Rs200,000 per tola (11.66 grammes)…
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Loan Negotiations Resumed After Govt Complies with IMF Demands
An IMF delegation will travel to Pakistan later this month to discuss the ninth review of the nation’s ongoing loan…
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