Business News
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Bears tighten grip amid political chaos | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) remained in the grip of bears for most of the outgoing week as political chaos did not allow investors to take fresh positions and crushed their confidence. The rapidly changing political scenario, coupled…
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FBR urged to extend return filing date | The Express Tribune
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[ad_1] LAHORE: Businessmen have demanded that the Federal Board of Revenue (FBR) extend the date for filing income tax returns till December 31, 2022. In a statement on Saturday, Lahore Chamber of Commerce and Industry President Kashif Anwar, Senior Vice…
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Gold falls by Rs600 per tola in Pakistan
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[ad_1] A representational image of gold bars. — AFP/File KARACHI: The mounting political turmoil and uncertainty caused by the PTI’s long march on Islamabad hit gold prices as the precious commodity witnessed a decline Saturday. The precious metal, however, secured…
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NEPRA imposes Rs10m fine on CPPA-G | The Express Tribune
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[ad_1] ISLAMABAD: Nepra has imposed a fine of Rs10 million on the Central Power Purchasing Agency – Guarantee Ltd (CPPA-G) for failing to satisfy the authority in the matter of revising the minimum loading limits of the Lalpir and Pakgen…
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Exports to China grow just 2% in Jan-Sept | The Express Tribune
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[ad_1] BEIJING: crossed $2.57 billion in the first nine months of current calendar year, up 2% yearon-year, showed data of the General Administration of Customs of People’s Republic of China (GACC). Pakistan Embassy Commercial Counsellor Ghulam Qadir told China Economic…
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IT projects worth Rs1.06 billion approved | The Express Tribune
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[ad_1] ISLAMABAD: The Federal Minister for IT and Telecommunication (ITT) Syed Aminul Haque said that as directed by the government, broadband, optical fibre cable (OFC) and other connectivity projects were continuously being rolled out in the rural and urban areas…
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Electricity prices drive Pakistan’s weekly inflation over 4%
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[ad_1] A vendor gestures to a customer at a local market in Lahore on August 29, 2022, amid a big hike in prices of food items in the wake of massive floods in Pakistan. — AFP/File KARACHI: Sensitive price index-based…
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Gold continues to rise as political uncertainty grips country
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[ad_1] A representational image of gold bars. — AFP/File KARACHI: Gold continued to shine in the domestic market for the fourth consecutive day on Tuesday amid political uncertainty and the PTI’s ongoing long march on Islamabad. Data released by the…
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$16bn needed for recovery as flood losses top $30bn
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[ad_1] Stranded people wade through a flooded area after heavy monsoon rainfall in Rajanpur district of Punjab province on August 25, 2022. — AFP/File ISLAMABAD: The Post-Disaster Needs Assessment (PDNA) report, released by the planning ministry on Friday, showed final…
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Rupee’s downward spiral continues for third straight session
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[ad_1] The picture shows Rs5,000 notes. — Twitter/File KARACHI: The Pakistani rupee continued to decline for the third consecutive session against the US dollar on Friday, as the country continues to face political unrest amid the PTI’s long march. According…
