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Category: Business

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Government expected to announce wage hike and tax relief in new budget.
  • Business

Government expected to announce wage hike and tax relief in new budget.

  • Ibtehaj Tahir
  • June 12, 2024
  • 0

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.
  • Business

Oil prices slip for third consecutive week despite OPEC+ reassurances.

  • Ibtehaj Tahir
  • June 11, 2024
  • 0

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.
  • Business

Indian government maintains fiscal discipline amid coalition pressures.

  • Ibtehaj Tahir
  • June 11, 2024
  • 0

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 […]

Finance minister aurangzeb to present pakistan economic survey 2023-24 amid fiscal challenges.
  • Business

Finance minister aurangzeb to present pakistan economic survey 2023-24 amid fiscal challenges.

  • Ibtehaj Tahir
  • June 11, 2024
  • 0

The Economic Survey will outline key socioeconomic accomplishments from the outgoing fiscal year, despite the government’s failure to meet several crucial targets. Among these, the […]

State bank of pakistan cuts policy rate amidst economic moderation.
  • Business

State bank of pakistan cuts policy rate amidst economic moderation.

  • Ibtehaj Tahir
  • June 10, 2024
  • 0

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced a significant 150 basis points reduction in the policy rate to 20.5 […]

Pakistan’s ambitious fiscal targets for 2024-25 budget amid IMF talks.
  • Business

Pakistan’s ambitious fiscal targets for 2024-25 budget amid IMF talks.

  • Ibtehaj Tahir
  • June 10, 2024
  • 0

Pakistan’s coalition government is gearing up to unveil ambitious fiscal targets in the upcoming 2024-25 budget, aiming to bolster its case for a new bailout […]

Pakistan’s ambitious fiscal targets aim to secure IMF bailout deal.
  • Business

Pakistan’s ambitious fiscal targets aim to secure IMF bailout deal.

  • Ibtehaj Tahir
  • June 10, 2024
  • 0

Pakistan’s coalition government is poised to unveil ambitious fiscal targets in the 2024-25 budget, scheduled for Wednesday, in a bid to secure a new bailout […]

National economic council convenes to review budget 2024-25 plans.
  • Business

National economic council convenes to review budget 2024-25 plans.

  • Ibtehaj Tahir
  • June 10, 2024
  • 0

As the government prepares to present the Budget 2024-25 to the National Assembly, the National Economic Council (NEC) is meeting today, chaired by Prime Minister […]

Pakistan stock market experiences significant decline amid tax concerns.
  • Business

Pakistan stock market experiences significant decline amid tax concerns.

  • Ibtehaj Tahir
  • June 7, 2024
  • 0

The Pakistan Stock Market (PSX) saw a significant downturn on Friday morning as the benchmark KSE-100 Index experienced its largest fall in months, dropping over […]

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