Business News
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Business community demands govt’s focus on marble sector | The Express Tribune
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[ad_1] ISLAMABAD: In order to optimise the tax collection and broaden the tax base, the government should re-introduce the fixed tax regime for the marble industry on the pattern of the tier-II retailers who pay sales tax through electricity bills,…
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Pak-China cooperation in sorghum can boost local economy | The Express Tribune
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[ad_1] BEIJING: Sorghum is an excellent source of food and feed and plenty of products can be made from it therefore, there are ample opportunities for the sorghum industry in Pakistan and help of China would definitely improve the local…
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Current account gap grows to $1b | The Express Tribune
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[ad_1] KARACHI: Pakistan’s current account deficit (CAD) – the gap between country’s higher foreign expenditures and low income – has once again widened to $1 billion in March despite the fact that inflows on accounts of export earnings and workers’…
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High stakes at Wall Street next week | The Express Tribune
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[ad_1] NEW YORK: Investors are hoping a flood of US quarterly reports next week, including those from megacap growth titans, will confirm a solid profit outlook for corporate America and bolster the case for stocks after a rocky start to…
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Yellen to consider lowering US tariffs on Chinese goods | The Express Tribune
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[ad_1] WASHINGTON: US Treasury Secretary Janet Yellen on Friday said it was worth considering taking steps to lower US tariffs on Chinese goods given the “desirable effects” such a move could have on lowering US inflation, which has hit 40-year…
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Lagarde sees strong chance of rate hike this year | The Express Tribune
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[ad_1] WASHINGTON: The European Central Bank is likely to end its bond purchase scheme in early third quarter and raise rates before the end of the year, European Central Bank President Christine Lagarde told CNBC on Friday, outlining the bank’s…
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Bears take centre stage at PSX | The Express Tribune
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[ad_1] KARACHI: Bears held complete dominance at the Pakistan Stock Exchange in the outgoing week as the market recorded declines in all five trading days owing to ambiguity over the resumption of the $6 billion International Monetary Fund (IMF) loan…
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Miftah Ismail agrees with IMF to curtail subsidies on petroleum products
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[ad_1] Finance Minister Miftah Ismail. — Atlantic Council Twitter WASHINGTON: While renegotiating the $6 billion Extended Fund Facility programme with the International Monetary Fund (IMF), the newly appointed Finance Minister Miftah Ismail on Friday agreed with the lender’s recommendations regarding…
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SPI decreases 1.28% | The Express Tribune
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[ad_1] The Sensitive Price Indicator (SPI) for the week ended April 21, 2022 registered a decrease of 1.28% for the combined income group, going down from 173.27 points during the week ended April 14, 2022 to 171.05 points in the…
