World Business NewsHeavy fines loom for Big Tech under Australian law
“This isn’t about punishing success; it’s about fostering fair competition,” Assistant Treasurer of Australia
Dec 2, 2024
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World Business News
World Business NewsJSW to launch in-house EV brand in India
Hurdles in entering the Indian market have led Chinese automanufacturers to shift their focus to Pakistan
Dec 2, 2024
HeadlinesCDWP gives conditional approval to Rs59bn power projects for Discos
ADB-funded projects for LESCO, MEPCO, SEPCO hinge on feasibility study, cost rationalization
Dec 2, 2024
HeadlinesBanks inject record Rs1 trillion into NBFIs to meet ADR targets
Infusion is 130% higher than the total stock of NBFI credits
Dec 2, 2024
HeadlinesMalaysia agrees to revise tariffs on Pakistani rice, aligning rates with other imports
PM Shehbaz, Malaysian premier resolve trade issues in bilateral talks
Dec 2, 2024
HeadlinesGovt mulls lowering retirement age to 55 as part of pension reforms
Proposal aims to address rising pension bill, save Rs50 billion annually
Dec 2, 2024
HeadlinesFBR imposes approval condition on overseas Pakistanis for property tax exemptions
New rule requires Commissioner Inland Revenue's verification for non-resident status
Dec 2, 2024
HeadlinesUS Black Friday online sales soar to $10.8 billion, marking a record surge
E-commerce giants like Amazon and Walmart reap rewards as online spending jumps 10.2%, driven by high demand for toys, beauty products, and appliances.
Dec 1, 2024
HeadlinesSBP Governor calls on banks to embrace technology and strengthen support for agriculture, SMEs
At the Pakistan Banking Awards 2024, Jameel Ahmad urged the financial sector to focus on innovation, inclusivity, and partnerships for a future-ready ecosystem.
Dec 1, 2024
HeadlinesTrump threatens 100% tariff on BRICS nations over de-dollarization plans
US President-elect vows economic retaliation if BRICS pursues alternative currencies, declaring the dollar "irreplaceable" in global trade.
Dec 1, 2024
HeadlinesPIA eyes European and UK routes after EASA lifts suspension
The ban, imposed in 2020, followed a devastating PIA plane crash in Karachi that killed nearly 100 people and exposed a scandal involving fake pilot licenses
Dec 1, 2024
World Business NewsInflation and sluggish manufacturing lead to slower economic growth in India
India's GDP grows 5.4% in Q3, down from 6.7% last quarter, missing the 6.5% forecast
Dec 1, 2024