Food inflation in India has been stubbornly high, hovering around 8% year-on-year since November 2023, driven primarily by supply-side factors such as adverse weather conditions […]
Category: Business
Competition Commission of Pakistan Approves Luxembourg Firm’s Entry into Pakistani Solar Market
The CCP’s approval of the acquisition of Acts Holding by General Atlantic Partners LP represents a significant milestone in the development of Pakistan’s solar power market. This strategic investment not only enhances the capabilities of the solar energy sector but also signals Pakistan’s readiness to embrace sustainable infrastructure solutions.
Expected Decrease in Petroleum Prices from June 16
This reduction is poised to benefit various sectors of the economy, from transportation and agriculture to household budgets and inflation control. The government’s role in ensuring
Government to propose sales tax increase on basic necessities.
The government is set to propose an increase in sales tax on most basic necessities, including sugar and ghee. The prices of ghee and sugar […]
Pakistan livestock sector flourishes: donkey population surges to 5.9 million.
The latest Pakistan Economic Survey (PES) for the fiscal year 2023-24, presented by Finance Minister Muhammad Aurangzeb, revealed a notable increase in the population of […]
Federal budget 2024-25: focus on defence, development, and innovation.
The National Assembly Prepares for Fiscal Planning Today, the National Assembly gears up for a pivotal moment as Federal Finance Minister Muhammad Aurangzeb is set […]
Government expected to announce wage hike and tax relief in new budget.
Amid the persistent impact of inflation, the government is anticipated to propose a 10 to 15 percent wage increase in the upcoming fiscal year’s budget, […]
Oil prices slip for third consecutive week despite OPEC+ reassurances.
Oil prices experienced a slight dip on Friday, marking their third consecutive weekly decline as investors deliberated between OPEC+ assurances and the latest US jobs […]
Indian government maintains fiscal discipline amid coalition pressures.
Despite speculation surrounding the need for increased spending to appease coalition partners, the Indian government, led by Prime Minister Narendra Modi, remains firm on its […]