Closure of KGS service at Gwadar port irks Senate body
ISLAMABAD:Â The Senate's Standing Committee on Finance, Revenue and Economic Affairs on Monday expressed serious reservations over the closure of Karachi-Gwadar Shipping (KGS)...
Bears return as KSE-100 takes 829-point plunge
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) witnessed a turbulent start to the week, as the indices kept trading in the red...
Food imports dip 19pc in July
ISLAMABAD:Â The food group imports into the country dipped by 19.20pc in the first month of the current financial year (July-FY20) as compared...
Market Weekly: PSX accumulates 2,585 points, PKR gains Rs1.5 against dollar
Pakistan Stock Exchange (PSX) witnessed a bullish trend in the outgoing week with the KSE-100 Index gaining 2,585 points, closing at 31,350...
Putin orders review of Russian coal mining tax
MOSCOW: Russian President Vladimir Putin has asked the government to review a mineral extraction tax for the Russian coal industry by Oct...
FBR criticised for ‘only targeting Karachi businesses’
KARACHI:Â The government's decision to increase the tax rate is not the right solution for revenue enhancement, as it would only discourage the...
Weekly inflation dips 0.08pc
ISLAMABAD:Â The Sensitive Price Indicator (SPI)-based weekly inflation (as on Aug 22) decreased by 0.08pc for the combined income group, as compared to...
China warns US to stop ‘wrong’ trade actions or face consequences
BEIJING: China said on Saturday it strongly opposes Washington’s decision to levy additional tariffs on $550 billion worth of Chinese goods and warned...
Trump says he wouldn’t stop Fed Chair Powell from resigning
WASHINGTON: US President Donald Trump sharply criticized Federal Reserve Chairman Jerome Powell on Friday and said he wouldn’t try to stop the chief...
Company registrations with SECP surge 41pc in July
ISLAMABAD:Â The Securities and Exchange Commission of Pakistan (SECP) had registered 1,525 new companies in the month of July 2019.
As compared to the...
Pakistan becomes world’s 4th fastest-growing freelance market
ISLAMABAD: Pakistan has been ranked as the 4th fastest growing freelance market with 47pc growth in freelance earnings during the second quarter...
India Inc grows impatient as economy dips and Modi is distracted
When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, Indian stock markets jumped to all-time highs as investors...
FBR seeks Pakistanis’ Iqama details from UAE
Tax authorities have sought details from the United Arab Emirates (UAE) of Pakistanis who have obtained Iqama (work permit) from the Arab...
NAB not to pursue income, sales tax cases against business community
National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal has announced that the bureau will not pursue cases pertaining to income tax...
China to levy new tariffs on $75bn worth of US imports
BEIJING:Â China announced Friday it will hit US imports worth $75 billion with new tariffs as retaliation for Washington's planned tariff hikes, further...