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Category: Business

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Pakistan Stock Market Soars 256 Points as Hundred Index Hits New High; USD Faces Fresh Decline
  • Business

Pakistan Stock Market Soars 256 Points as Hundred Index Hits New High; USD Faces Fresh Decline

  • Usama Mudassar
  • October 31, 2024
  • 0

The stock market’s early gain of 256 points on Thursday, along with the continued depreciation of the US dollar, are positive indicators for Pakistan’s economy. While challenges remain

FBR Issues New Official Property Rates to Enhance Tax Revenue, Effective November 1
  • Business

FBR Issues New Official Property Rates to Enhance Tax Revenue, Effective November 1

  • Usama Mudassar
  • October 30, 2024
  • 0

The FBR’s decision to revise property rates is a pivotal move toward fostering a more transparent and efficient property tax system in Pakistan. Effective from November 1, these rates aim to increase tax revenue

Rising Food Prices in Pakistan: Essential Commodities Beyond Reach for Many Citizens
  • Business

Rising Food Prices in Pakistan: Essential Commodities Beyond Reach for Many Citizens

  • Usama Mudassar
  • October 29, 2024
  • 0

The current trend of rising food prices has placed a significant strain on Pakistan’s citizens, and without intervention, the situation may worsen. Essential items that were once affordable

Global Crude Oil and Gas Prices Decline: What It Means for the Economy
  • Business

Global Crude Oil and Gas Prices Decline: What It Means for the Economy

  • Usama Mudassar
  • October 28, 2024
  • 0

The decline in both crude oil and gas prices carries significant implications for the global economy. For consumers, lower energy prices can provide relief at the pump and reduce household energy costs.

Pakistan’s Textile Exports Surge by 13% Amid Global Shifts and Local Growth Initiatives
  • Business

Pakistan’s Textile Exports Surge by 13% Amid Global Shifts and Local Growth Initiatives

  • Usama Mudassar
  • October 26, 2024
  • 0

The recent increase in textile exports is a positive indicator of Pakistan’s growth potential. As the textile industry continues to expand, supported by government initiatives and strategic planning

State Bank of Pakistan Infuses 4,255 Billion Rupees into Banking Sector for Short-Term Stability
  • Business

State Bank of Pakistan Infuses 4,255 Billion Rupees into Banking Sector for Short-Term Stability

  • Usama Mudassar
  • October 25, 2024
  • 0

The State Bank of Pakistan’s injection of 4,255 billion rupees into the banking sector serves as a timely intervention aimed at stabilizing liquidity within the financial system.

Warren buffett denies endorsing Investment products or political candidates.
  • Business

Warren buffett denies endorsing Investment products or political candidates.

  • Ibtehaj Tahir
  • October 24, 2024
  • 0

Warren Buffett will not endorse any investment products or political candidates, according to a statement on Berkshire Hathaway’s website, aimed at preventing fraudulent claims exploiting […]

Finance minister aurangzeb departs for U.S. to attend IMF and world bank annual meetings.
  • Business

Finance minister aurangzeb departs for U.S. to attend IMF and world bank annual meetings.

  • Ibtehaj Tahir
  • October 23, 2024
  • 0

Federal Minister of Finance and Revenue, Senator Muhammad Aurangzeb, left for the United States on Sunday to participate in the annual meetings of the International […]

Global finance chiefs convene in washington amid economic uncertainties.
  • Business

Global finance chiefs convene in washington amid economic uncertainties.

  • Ibtehaj Tahir
  • October 22, 2024
  • 0

Finance ministers and central bank leaders from around the world are gathering in Washington this week for the annual meetings of the International Monetary Fund […]

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