HeadlinesFBR’s new Reward & Rating System faces backlash, legal challenges: report
Officers criticise discriminatory practices, with one customs officer rejecting reward over integrity concerns
May 7, 2025
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Headlines
HeadlinesIndia targets dam near Neelum-Jhelum Hydropower Project in unprovoked attack, says DG ISPR
Targeting water reservoirs is not only illegal under international laws but also poses a humanitarian risk, states Lt General Ahmed Sharif Chaudhry
May 7, 2025
HeadlinesNational Grid Company begins restructuring under new framework
NGC establishes Restructuring Committee, legal and operational steps underway to implement Cabinet's directive
May 7, 2025
HeadlinesForeign investors hesitant to fund Pakistan's refinery upgrades amid unresolved issues: report
Delays in Brownfield Refineries Policy 2023 and unresolved sales tax exemption on petroleum supplies threaten multibillion-dollar refinery projects
May 7, 2025
HeadlinesGovt to phase out tax-free status for Special Economic Zones over next decade
Existing tax-free status for SEZs to be reduced to nine years from July 2025; no new fiscal incentives will be granted to either new or existing SEZs
May 7, 2025
HeadlinesGovt plans to double excise duty on fertilisers to 10%, 5% tax on pesticides in next budget
Other proposed measures include income tax on farmers, reduction in super tax rate, and new taxes to meet Rs14.3 trillion revenue target for FY2025-26
May 7, 2025
World Business NewsQatar Airways nears major deal for 100 Boeing widebody jets ahead of U.S. president's Middle East visit
Potential purchase, with option for 100 more, expected to be announced during Trump’s regional tour
May 7, 2025
HeadlinesPM orders expressway-level upgrade of Karachi-Chaman highway to accelerate Balochistan's development
Shehbaz Sharif redirects petroleum savings to fund 790-km N-25 revamp; project to cut travel time by two-thirds and complete in two years
May 6, 2025
HeadlinesCabinet committee finalizes 63 regulatory reforms to improve business procedures
Reforms to be implemented within 15 to 90 days; focus on simplification, automation, and removal of redundant requirements
May 6, 2025
HeadlinesGas price hike likely as supply woes persist, Senate panel told
SSGC and SNGPL cite heavy reliance on imported LNG and surging consumer complaints; Reko Diq expected to yield $70 billion over 37 years
May 6, 2025
TechMusk’s xAI joins forces with Palantir, TWG in financial AI push
The collaboration integrates xAI’s Grok models and Colossus supercomputer into business operations to boost AI use in finance and insurance
May 6, 2025
World Business NewsUber to acquire 85% of Turkey's Trendyol Go for $700 million
Trendyol Go operates across Turkey and offers deliveries from over 90,000 restaurants and markets, utilizing a fleet of 19,000 couriers
May 6, 2025