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Category: Business

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FBR Surpasses IMF Tax-to-GDP Ratio Target Despite Revenue Shortfall
  • Business

FBR Surpasses IMF Tax-to-GDP Ratio Target Despite Revenue Shortfall

  • Usama Mudassar
  • January 2, 2025
  • 0

The Federal Board of Revenue (FBR) has achieved a significant milestone by surpassing the tax-to-GDP ratio target set by the International Monetary Fund (IMF) for the fiscal year 2024-25

Global markets struggle at 2025 start amid policy uncertainty and weak Chinese data.
  • Business

Global markets struggle at 2025 start amid policy uncertainty and weak Chinese data.

  • Ibtehaj Tahir
  • January 2, 2025
  • 0

World markets grappled with uncertainty on Thursday, kicking off 2025 on a cautious note. Equities faced challenges as concerns over U.S. President-elect Donald Trump’s impending […]

Wall street ends 2024 on a mixed note as indexes reflect milestone year.
  • Business

Wall street ends 2024 on a mixed note as indexes reflect milestone year.

  • Ibtehaj Tahir
  • January 2, 2025
  • 0

U.S. stock indexes closed mostly lower on Tuesday, wrapping up a record-breaking year for Wall Street with a subdued finish. The S&P 500, after an […]

UK manufacturing activity slumps in December amid tax hikes and weak demand.
  • Business

UK manufacturing activity slumps in December amid tax hikes and weak demand.

  • Ibtehaj Tahir
  • January 2, 2025
  • 0

British factory activity contracted in December at its fastest pace in 11 months, with manufacturers cutting staffing levels in response to higher taxes and sluggish […]

Geely auto sets ambitious 2025 sales target; zeekr aims high for 2024.
  • Business

Geely auto sets ambitious 2025 sales target; zeekr aims high for 2024.

  • Ibtehaj Tahir
  • January 2, 2025
  • 0

China’s Geely Auto has announced an ambitious annual sales target of 2.71 million units by 2025, CEO Gan Jiaoyue revealed during an online investor conference. […]

Pakistan Stock Exchange Hits Record High on First Day of the New Year
  • Business

Pakistan Stock Exchange Hits Record High on First Day of the New Year

  • Usama Mudassar
  • January 1, 2025
  • 0

The Pakistan Stock Exchange (PSX) kicked off the new year with a remarkable performance, as the 100 Index soared to a new all-time high. Although the day began on a negative note

Pakistan Stock Exchange Soars in 2024: 84% Growth Marks a Historic Year
  • Business

Pakistan Stock Exchange Soars in 2024: 84% Growth Marks a Historic Year

  • Usama Mudassar
  • December 31, 2024
  • 0

The year 2024 marked an extraordinary chapter for the Pakistan Stock Exchange (PSX), with the 100 Index recording an unprecedented growth of 84%. The year witnessed

Smart Meter Delays Impact Electricity Sales and Consumer Access in Pakistan
  • Business

Smart Meter Delays Impact Electricity Sales and Consumer Access in Pakistan

  • Usama Mudassar
  • December 30, 2024
  • 0

The Prime Minister has directed the Power Division to expedite the installation of smart meters across Pakistan, yet the distribution companies (DISCOs) have struggled to meet this mandate.

Pakistan Stock Market Surges Past 112,000 Points: A Positive Start to the Week
  • Business

Pakistan Stock Market Surges Past 112,000 Points: A Positive Start to the Week

  • Usama Mudassar
  • December 30, 2024
  • 0

The Pakistan Stock Market kicked off the new business week with a remarkable performance, signaling renewed investor confidence and economic optimism. The stock exchange witnessed a significant surge,

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