Business News
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Biden commits ‘historic’ $4bn to World Bank fund supporting poorest nations
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[ad_1] US President Joe Biden attends the first day of the G20 Summit in Rio de Janeiro, Brazil, on November 18, 2024. — Reuters US President Joe Biden announced a “historic” $4 billion pledge for a World Bank fund that…
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PSX scales new peak, crosses 95,600 mark in day’s trade
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[ad_1] A stock broker monitors the market on the electronic board at the Pakistan Stock Exchange, in Karachi, Pakistan July 3, 2023. — Reuters Stocks sustained their record-setting pace on Tuesday, climbing to a new peak above the 95,600 mark,…
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Tesla shares soar on report of Trump’s self-driving policy push
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[ad_1] Tesla Motors CEO Elon Musk speaks next to the company’s newest Model S during the Model S Beta Event held at the Tesla factory in Fremont, California October 1, 2011. — Reuters Tesla’s stock surged nearly 5% on Monday…
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Tax evaders, abettors will be brought to justice, vows PM Shehbaz
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[ad_1] Prime Minister Shehbaz Sharif chairs a meeting to review overall economic situation of country on Nobember 18, 2024. — Radio Pakistan Underscoring the need for enhancing tax revenue, Prime Minister Shehbaz Sharif on Monday said that tax evaders and…
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Govt set to hold another round of bidding for PIA: minister
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[ad_1] View of a Pakistan International Airlines (PIA) passenger plane, taken through a glass panel, at the Allama Iqbal International Airpor in Lahore. — Reuters/File ISLAMABAD: The government is “poised to restart the bidding process for the privatisation of Pakistan…
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Every sector bound to contribute to boost revenue, says FinMin in post-IMF visit presser
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[ad_1] Finance Minister Muhammad Aurangzeb addresses the press conference in Islamabad, Novemeber 17, 2024. — Screengrab via YouTube/Geo News ISLAMABAD: After the International Monetary Fund (IMF) mission — led by Nathan Porter — concluded its visit to Pakistan, Finance Minister…
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ADB launches ‘Glaciers to Farms’ initiative to address food security
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[ad_1] A representational image showing ADB logo. — AFP/File ISLAMABAD: The Asian Development Bank (ADB) on Sunday launched “Glaciers to Farms” — a new regional initiative aimed at promoting sustainable water use and food security in Central Asia, the South Caucasus, and Pakistan….
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Ayla Majid becomes first Pakistani to be elected ACCA president
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[ad_1] Ayla Majid poses for a photo. — Linkedin/ACCA Pakistan ISLAMABAD: In a major achievement, Pakistan’s Ayla Majid made history this week after becoming the first South Asian and Muslim to be elected as president of the Association of Chartered…
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No mini-budget on cards, says FinMin Aurangzeb after IMF talks conclude
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[ad_1] Finance Minister Muhammad Aurangzeb speaks during an interview at his office in Islamabad on July 19, 2024. — Reuters ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb has categorically ruled out the possibility of the government introducing a mini-budget after constructive…
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IMF urges Pakistan to harness untapped tax sources to boost revenue
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[ad_1] The seal for the International Monetary Fund is seen near the World Bank headquarters (R) in Washington, DC on January 10, 2022. — AFP The International Monetary Fund (IMF) has called on Pakistan to widen its tax base by…
