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Category: Business

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U.K. inflation hits eight-month high, reducing chances of rate cuts by bank of England.
  • Business

U.K. inflation hits eight-month high, reducing chances of rate cuts by bank of England.

  • Ibtehaj Tahir
  • December 19, 2024
  • 0

Inflation in the U.K. surged to its highest level in eight months in November, according to official data released on Wednesday. This rise has solidified […]

Major Tax Law Amendment Bill 2024-25: Key Changes for Filers and Non-Filers in Pakistan
  • Business

Major Tax Law Amendment Bill 2024-25: Key Changes for Filers and Non-Filers in Pakistan

  • Usama Mudassar
  • December 18, 2024
  • 0

The Tax Law Amendment Bill 2024-25, presented in the National Assembly, introduces significant changes that will impact the financial landscape of Pakistan.

OGRA approves gas price hike for fiscal year.
  • Business

OGRA approves gas price hike for fiscal year.

  • Ibtehaj Tahir
  • December 18, 2024
  • 0

The Oil and Gas Regulatory Authority (OGRA) approved an increase in gas prices for the current fiscal year on Tuesday. As per the OGRA statement, […]

OGRA Approves Significant Gas Price Hike: 8.71% for Sui Northern and 25.78% for Sui Southern
  • Business

OGRA Approves Significant Gas Price Hike: 8.71% for Sui Northern and 25.78% for Sui Southern

  • Usama Mudassar
  • December 17, 2024
  • 0

In a major development, the Oil and Gas Regulatory Authority (OGRA) has approved an increase in gas prices for Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC)

Stock market soars as state bank slashes interest rates again.
  • Business

Stock market soars as state bank slashes interest rates again.

  • Ibtehaj Tahir
  • December 17, 2024
  • 0

A day after the State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) announced a 200-basis-point reduction, bringing the policy rate down to 13% on […]

Gold prices drop by Rs800 per tola in Pakistan; rupee continues slight depreciation
  • Business

Gold prices drop by Rs800 per tola in Pakistan; rupee continues slight depreciation

  • Ibtehaj Tahir
  • December 16, 2024
  • 0

The price of 24-karat gold per tola fell by Rs800, reaching Rs277,000 on Monday, down from Rs277,800 on the previous trading day, according to the […]

US Dollar Gains Value Against Pakistani Rupee: Exchange Rates Rise Slightly
  • Business

US Dollar Gains Value Against Pakistani Rupee: Exchange Rates Rise Slightly

  • Usama Mudassar
  • December 16, 2024
  • 0

The value of the US dollar has once again increased against the Pakistani rupee, marking a minor but notable rise in exchange rates. According to the State Bank of Pakistan (SBP),

Power Division Denies Reports of Terminating Contracts with Six IPPs
  • Business

Power Division Denies Reports of Terminating Contracts with Six IPPs

  • Usama Mudassar
  • December 15, 2024
  • 0

The Power Division has officially dismissed recent reports suggesting that the government plans to terminate contracts with six more Independent Power Producers (IPPs).

Pakistan economy shows strength as PSX hits record highs.
  • Business

Pakistan economy shows strength as PSX hits record highs.

  • Ibtehaj Tahir
  • December 13, 2024
  • 0

Pakistan’s economy continues to show signs of improvement, driven by a series of government measures over the past few months. This economic ‘turnaround’ has bolstered […]

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