Currency Analyst fears further rupee decline in coming days Experts have warned that the Pakistani rupee is expected to depreciate in the coming days, unless confidence returns... Updated 04 Feb, 2023 09:55pm
Foreign portfolio investors in India to pay higher tax on debt securities NEW DELHI: Foreign portfolio investors will lose a preferential tax rate on interest from Indian government... Published 04 Feb, 2023 03:52pm
General News China's mega-rich move their wealth, and partying, to Singapore SINGAPORE: Singapore is seeing an influx of ultra-wealthy families from China looking to protect their wealth from a... Updated 04 Feb, 2023 03:54pm
South Asia Adani Enterprises shelves $122mn bond plan Adani Enterprises Ltd has shelved a plan to raise as much as 10 billion Indian rupees ($121.65 million), Bloomberg... Published 04 Feb, 2023 03:11pm
Companies Tesla raises Model Y prices by $1,000 after US relaxes tax credit terms Tesla Inc raised prices in the United States of its best-selling vehicle, the Model Y, by $1,000 after the... Published 04 Feb, 2023 02:34pm
Japan to restrict chip manufacturing machine exports to China TOKYO: Japan’s government will begin restricting exports of advanced semiconductor manufacturing equipment to China... Published 04 Feb, 2023 02:31pm
Business & Economy Dar hits out at Imran Khan’s ‘irresponsible tweet’ about current govt Federal Minister for Finance and Revenue Ishaq Dar slammed former prime minister Imran Khan over his statement... Updated 04 Feb, 2023 09:47pm
SECP revises date for IFRS 9 applicability ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has revised the effective date for ... Updated 04 Feb, 2023 10:18am
Taxes ‘Tax liability on estimations’: FTO asks FBR to revisit its order ISLAMABAD: While disposing of a complaint, the Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue... Updated 04 Feb, 2023 10:18am
Taxes ‘No private consultancy, tax practice’: FBR employees asked to submit undertakings ISLAMABAD: All Inland Revenue officials/ officers would submit undertakings/ declarations to the Federal Board of... Published 04 Feb, 2023 06:47am
Taxes Avoidance of double taxation: Draft convention signed with Afghanistan ISLAMABAD: Pakistan and Afghanistan Friday signed draft Convention for Avoidance of Double Taxation. The ... Updated 04 Feb, 2023 10:17am
Companies Likely output dip in Feb, Mar: Indus Motor offering full refund with interest to customers KARACHI: Amid the current economic crisis, Indus Motor Company (IMC) is offering a full refund with interest to its... Updated 04 Feb, 2023 10:17am
Energy Kati’s request: Rs7bn of incremental units owed by govt to be paid: Nepra KARACHI: Chairman of National Electric Power Regulatory Authority (Nepra), Tauseef Farooqui has said that Rs7 ... Updated 04 Feb, 2023 10:17am
EU reaches deal on Russian fuel price caps BRUSSELS: European Union member states on Friday reached agreement on price caps for Russian petroleum products,... Updated 04 Feb, 2023 10:16am
Indian refiners pay traders in dirhams for Russian oil NEW DELHI: Indian refiners have begun paying for most of their Russian oil purchased via Dubai-based traders in... Updated 04 Feb, 2023 10:15am
Industry Jan cement despatches increase 1.15pc YoY LAHORE: The cement sector after six-month continuous decline has shown some recovery in January 2023 when its... Published 04 Feb, 2023 06:08am
SPI inflation up 2.82pc WoW ISLAMABAD: The Sensitive Price Indicator (SPI) based inflation for the week ended February 2, 2023, recorded an... Updated 04 Feb, 2023 10:14am
Indonesian CG for further boosting trade ties KARACHI: Consul General of Indonesia Dr June Kuncoro Hadiningrat has stressed the need to further strengthen the... Published 04 Feb, 2023 06:08am
Industry Two-day ‘Pakistan Chemical Expo 2023’ to begin on 7th LAHORE: Chemical industry is the 3rd fastest growing industry in the world. According to a thoughtful estimate, more... Published 04 Feb, 2023 06:08am
Industry Turkish ambassador visits LCCI LAHORE: Ambassador of Turkiye, Dr Mehmet Pacaci has said that both the countries would have to increase relations in... Published 04 Feb, 2023 06:08am
Energy Energy sector played major role in sinking economy: PBIF chief KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and... Published 04 Feb, 2023 06:08am