Business News
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Rupee edges up against US dollar in interbank market
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[ad_1] A file image showing a currency dealer counting $100 notes — AFP KARACHI: In view of loan tranche expectations from the International Monetary Fund (IMF), the Pakistani rupee on Tuesday continued to recover against the US dollar in the interbank market. As per the latest statistics issued by the State Bank of Pakistan (SBP),…
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PM to discuss CPEC in maiden visit to China today | The Express Tribune
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[ad_1] Prime Minister Shehbaz Sharif on Monday said that he will discuss the revitalisation of the China-Pakistan Economic Corridor (CPEC) in his talks with President Xi Jinping and Premier Li Keqiang during his two-day official visit to China. The premier left for Beijing today and is among the first few leaders to visit the neighbouring…
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ECC okays Russia wheat imports | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan on Monday approved to sign a government-to-government deal worth $112 million with a Russian state corporation for the import of 300,000 metric tons of wheat – the first state-level import deal in the past two years with Moscow. However, the government remained unable to resolve the long outstanding issue of opening a…
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Fly Jinnah airline begins flight operations | The Express Tribune
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[ad_1] KARACHI: Pakistan’s low-cost carrier, Fly Jinnah, has started flight operations as the fourth domestic airline. The inaugural flight departed from Karachi to Islamabad on Monday afternoon. A cake was cut in the lounge of Jinnah Terminal at the flight’s departure and a water salute was presented by the Civil Aviation Authority (CAA) as it…
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Govt extends income tax returns filing date till Nov 30
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[ad_1] A representational image of the Federal Board of Revenue house in Islamabad.— APP ISLAMABAD: Federal Minister for Finance and Revenue Ishaq Dar Monday announced the government’s decision to extend the income tax returns filing date till November 30. Addressing a press conference, Dar revealed that the decision has been taken keeping in view the…
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Govt keeps petrol price unchanged at Rs224.80 per litre
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[ad_1] Federal Minister for Finance and Revenue Ishaq Dar speaking during a televised address on October 31, 2022. — YouTube Screengrab via PTV News ISLAMABAD: The Government of Pakistan Monday kept the price of petrol unchanged at Rs224.80 per litre ahead of the International Monetary Fund (IMF) review scheduled in November. Federal Minister for Finance…
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POL prices to remain unchanged, tax returns filing date extended | The Express Tribune
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[ad_1] The federal government on Monday announced that prices of petroleum products would remain unchanged for the next fortnight – till November 15. “The government has decided to keep prices of petrol, diesel, light diesel oil and kerosene oil unchanged. The current prices will be maintained for the next 15 days,” Finance Minister Ishaq Dar…
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Rupee rises against dollar after Dar’s meetings with SBP officials
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[ad_1] A person counting 5,000 rupee notes. — AFP/File KARACHI: The Pakistani rupee opened the week on a positive note, recovering against the US dollar on Monday. Finance Minister Ishaq Dar’s meetings with the State Bank of Pakistan (SBP) officials and currency dealers produced good results as the local currency gained Rs1.59 or 0.72% against…
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July-Sept inflation stands at 25.1%: finance ministry
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[ad_1] In its report, the finance ministry says that climate-induced flooding across Pakistan has destroyed agriculture. — AFP/File ISLAMABAD: Inflation was recorded at 25.1% during the first quarter of the fiscal year 2022-23 compared to 8.6% in the same period of the preceding year, says the Minister of Finance in its economic report. The Ministry…
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Why are we under the shadow of smog again? | The Express Tribune
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[ad_1] ISLAMABAD: Once again, the plains of Pakistan are under a thick layer of smog, and yet again we are to face the consequences. Although smog is a regular phenomenon that paralyses life in Punjab every year, we will start afresh every time with the government proposing new solutions and formulating a brand-new strategy for…
