Countries repatriating gold in wake of sanctions against Russia, study finds

An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia,...

 91 illegal farm housing schemes uncovered in Lahore

LAHORE: The authorities in Lahore have uncovered a staggering 91 illegal farm housing schemes within the city. The discovery has raised concerns...

FBR set to auction properties of iconic Bio Amla manufacturer to recover taxes

The investigation first began in 2017 with accusations of under-invoicing and tax evasion.
Medicines

Exclusive: Indian firm used toxic industrial-grade ingredient in syrup – sources

The Indian manufacturer of cough syrups that Uzbekistan said last year had poisoned 19 children used a toxic industrial-grade ingredient rather than...

Market Daily: Ongoing rally sees KSE-100 rake in 2,130 points 

The Pakistan Stock Exchange (PSX) continued its winning streak as the equity market stretched Wednesday’s rally, gaining 898 points (2.19 per cent) to close the day at 41,796.
China's economy

China’s April data show economic recovery losing steam, testing policymakers

China's April industrial output and retail sales growth undershot forecasts, suggesting the economy lost momentum at the beginning of the second quarter...

Public debt: How did the PDM govt do?

Measuring public debt is a complicated business. Profit looks at the different measures by which we can measure it in Pakistan. 

Foreign assistance, ongoing projects featured in Sindh’s agriculture development budget

The Sindh government plans to allocate Rs6.9 billion from its estimated Rs 700 billion development expenditure budget for FY24 to the agriculture...

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. 

APTMA sends budget proposals to finance minister

KARACHI: In its budget proposals, the All Pakistan Textile Mills Association (APTMA) has said that the availability of electricity at regionally competitive prices is of...

Freelancers suffer with broadband outage

Oxford Internet Institute (OII) report ranks Pakistan 4th in the global digital gig marketplace

New Vodafone boss takes aim at costs with 11,000 global job cuts

New Vodafone (VOD.L) boss Margherita Della Valle said she would cut 11,000 jobs globally over three years to help the telecoms group regain...

US on track for June 1 default without debt ceiling hike, Treasury says

The U.S. Treasury Department reiterated Monday it expects to be able to pay the U.S. government's bills only through June 1 without...

Pakistan facing obstacles to achieving self-reliance

Writing for Dawn, author Mansoor Hassan Khan discusses Pakistan's external debt and its reliance on multilateral financial institutions (MFIs) and aid agencies...

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...