Business News
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SIM cards of 0.5m non-filers to be blocked | The Express Tribune
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[ad_1] The Federal Board of Revenue (FBR) has decided to block the SIM cards of 0.5 million individuals involved in tax evasion, following the approval of the FBR chairman, Express News reported. Sources reveal that the FBR has identified two…
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FinMin Aurangzeb fills in PM Shehbaz on state of economy ahead of IMF talks
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[ad_1] Finance Minister Muhammad Aurangzeb (left) meets Prime Minister Shehbaz Sharif on April 12, 2024. — APP Finance Minister Muhammad Aurangzeb on Friday met Prime Minister Shehbaz Sharif and briefed him about his scheduled meetings with the officials of the…
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Experts for fighting misinformation | The Express Tribune
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[ad_1] KARACHI: IT experts and social activists have presented some useful tips and pieces of advice to control misinformation, disinformation, harmful content, and concocted campaigns on social media. They suggest that the government should formulate rules and implement them strictly…
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Global investors pull back amid inflation concerns | The Express Tribune
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[ad_1] BENGALURU: Global investors dumped equity funds for the second consecutive week in the week ended April 10, amid persistent inflation worries and diminishing expectations for a US Federal Reserve rate cut in June. Economic data released on Wednesday showed…
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Amazon stock hits all time high making Jeff Bezos $3.3bn richer
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[ad_1] Jeff Bezos wealth surges to $210 billion. — The Seattle Times/File For the first time since July 2021, Amazon stock prices hit all time high making billionaire Jeff Bezos $3.3 billion richer, Forbes reported. On Thursday, the e-commerce company’s…
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What is happening to middle class? Report reveals
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[ad_1] UN report reveals Myanmar’s middle class vanishing as poverty soars. (Anti-coup protesters pray in Yangon on March 14. — AFP) The economic situation in Myanmar is dire and the middle class is disappearing amid a surge in poverty, according…
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Pakistan in talks with IMF for potential follow-up bailout package, says Georgieva
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[ad_1] IMF Managing Director Kristalina Georgieva speaking at the International Monetary Fund headquarters on October 8, 2019, in Washington, DC. — AFP International Monetary Fund (IMF) chief Kristalina Georgieva has confirmed that Pakistan is seeking a potential fresh bailout package…
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Energy minister announces reduction in April’s electricity bills
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[ad_1] A representational image of a transmission tower, also known as an electricity pylon. — AFP/File Federal Energy Minister Awais Leghari announced on Thursday that the government provided relief to inflation-stricken nationals by reducing the electricity prices for April’s power…
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‘Political unrest’ a hurdle to economic stability: ADB
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[ad_1] A street vendor sells dried fruits at a market in Karachi. — AFP/File ISLAMABAD: As Pakistan struggles to tackle prevailing dire economic circumstances, the Asian Development Bank (ADB) Thursday underscored political unrest, devastating floods and government failure to adhere…
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Govt announces reduction in electricity tariffs | The Express Tribune
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[ad_1] Federal Minister for Energy, Sardar Awais Khan Leghari, on Thursday announced a significant decrease in electricity bills for the month of April, Express News reported. In a statement, Leghari revealed a reduction of Rs3.82 per unit on electricity bills…
