Business News
-
Indus Motor shuts plant for six days | The Express Tribune
.
[ad_1] KARACHI: Indus Motor Company (IMC) has announced a six-day shutdown of its production plant owing to the shortage of auto parts and components. In a notice sent to the Pakistan Stock Exchange (PSX) on Wednesday, the automaker said that production would remain suspended from March 6 to 11. “Based on the current low level…
-
Bitcoin’s value can ‘shoot past $355K’?
.
[ad_1] Tone Vays gestures for a photo with the logo of the Bitcoin. — Tone Vays/File Tone Vays, a finance expert YouTuber, says that Bitcoin (BTC) is set to top people’s expectations during this market cycle, according to The Daily Hodl. He predicted in the March of 2023, that Bitcoin would increase to $200,000 next…
-
PM directs hiring of foreign consultant for FBR | The Express Tribune
.
[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif, on Tuesday, directed the hiring of a foreign consultant to modernise the Federal Board of Revenue (FBR), indicating a departure from the previously approved restructuring plan. This decision emerged during the PM’s first comprehensive meeting on the administrative affairs of the FBR. The PM stressed the urgent need to…
-
Expenses shoot up 50% in 7 months | The Express Tribune
.
[ad_1] ISLAMABAD: Expenditures of the federal government shot up 50% to Rs7.5 trillion during the first seven months of the current fiscal year, a challenge that the political leadership is planning to tackle through a technocratic-bureaucratic setup in the finance ministry. As against expenses of Rs5 trillion during July-January of the last fiscal year, the…
-
Authorities on alert as LPG prices soar | The Express Tribune
.
[ad_1] ISLAMABAD: As liquefied petroleum gas (LPG) hoarders and profiteers increase prices by Rs20 per kg just before Ramazan, the Oil and Gas Regulatory Authority (OGRA) and LPG Distributors Association are convening today (Wednesday) to develop a joint strategy against this illegal hike. Chairman OGRA and officials will meet with Chairman of the LPG Distributors…
-
‘PM to pick Muhammad Aurangzeb as finance minister’
.
[ad_1] Renowned banker Muhammad Aurangzeb. — HBL ISLAMABAD: Distinguished banker Muhammad Aurangzeb is poised to assume the role of Pakistan’s next finance minister, sources said, as Prime Minister Shehbaz Sharif is all set to form his federal cabinet in the coming days. The sources added that Ishaq Dar, a former finance minister and a close…
-
Jeff Bezos is world’s richest man. But what’s rank of Mukesh Ambani?
.
[ad_1] Mukesh Ambani and Jeff Bezos gesture during separate gatherings. — VCG/File Amazon founder Jeff Bezos has surpassed Tesla founder Elon Musk in wealth, however, Mukesh Ambani is another influential wealthy man whose rank is not talked about much Amazon founder Jeff Bezos has become the richest person in the world after increasing his wealth…
-
Mukesh Ambani succession plan: Isha, Akash, Anant, who’s going to get what?
.
[ad_1] Mukesh Ambani and Nita Ambani pose with their children Akash Ambani, Anant Ambani, and Isha Ambani as they arrive for Reliance Industries’ 40th AGM in Mumbai on July 21, 2017. — AFP India’s richest man and the 11th richest man Mukesh Ambani, has a net worth of $116 billion. Mukesh is… [ad_2] Source link
-
PSX soars on PM’s election | The Express Tribune
.
[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Monday extended its upward trajectory from the previous week as investors took cue from the election of a new prime minister and upbeat economic data. In the morning, trading began on a robust note, supported by the shrinking of trade deficit by 30.2% year-on-year (YoY) to $14.87 billion…
-
Two Sessions fosters stronger Pak-China ties | The Express Tribune
.
[ad_1] PHOTO: REUTERS BEIJING: Pakistani experts have lauded the significance of the “Two Sessions” in fostering global economic stability in the context of jointly building the Belt and Road Initiative, particularly China-Pakistan Economic Corridor (CPEC) initiatives. They believe that the foreign policies and incentives for foreigners in China during these sessions are pivotal in enhancing…
