Steel industry cries foul against unregulated manufacturers in former FATA/PATA

Earlier, an industry association had claimed that steel manufacturers in the erstwhile  tribal regions have evaded taxes worth more than Rs 150bn. 

From fast food to autos, India’s digitally connected users lure investors

Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees ($364) a month...

Oil prices slide on uncertainty over global economic outlook, rate hikes

Oil prices slipped on Monday as concerns about rising interest rates, the global economy and the outlook for fuel demand outweighed support...

Pakistan’s salaried class: Overburdened, underpaid, and neglected

Writing for The Express Tribune, author Syed Ali Sajjad highlights that the salaried class is an integral part of a growing economy,...

Local cement prices increase by Rs 10 per bag

According to AKD Research, cement prices in the northern region have increased by Rs 10 per bag. Previously, cement prices had largely remained...

Lost chance for prosperity: Govt’s inaction hampers Pakistan’s oil refining sector

Writing for The Express Tribune, author Sarfaraz Khan portrays the potential advantages that could have been realized through the development of the...

Country’s direct investment dips by 2.8pc to $1.382bn in July-Dec 2017

KARACHI: The country’s Direct Investment (DI) has dipped again by 2.8 per cent to $ 1.382 billion during the first half of...

Financial sector remains resilient despite tightening of macro-financial conditions: report

State Bank of Pakistan’s (SBP) annual publication Financial Stability Review (FSR) suggests that the level of overall risks to financial stability, as measured by Financial Vulnerability Index, has bottomed out in the calendar year 2017.

Will AI be an economic blessing or curse? History offers clues

If medieval advances in the plough didn't lift Europe's peasants out of poverty, it was largely because their rulers took the wealth...

US Congress averts historic default, approves debt-limit suspension

The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting...

Efforts needed to restore confidence, encourage legal remittance channels

Writing for Dawn, author Nasir Jamal explains that the potential for remittances sent by overseas Pakistani workers and the diaspora to increase...

For nth time, Dar claims staff-level agreement right around the corner 

The finance minister’s promises seem to have stopped giving confidence to the markets which continued to show negative trends. 

What is driving crypto payment adoption?

Many view crypto as a hedge against currency depreciation

Why don’t people pay taxes?

Writing for The Express Tribune, author Hamid Ateeq Sarwar explains that the issue of low tax collection in Pakistan has been a...

21.74pc growth of food group exports in eight months

ISLAMABAD: Food group exports from the country during the first eight months of the current financial year grew by 21.74 per cent as...