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Category: Business

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IMF pressures Pakistan for electricity tariff hike amid cost of living crisis.
  • Business

IMF pressures Pakistan for electricity tariff hike amid cost of living crisis.

  • Ibtehaj Tahir
  • May 14, 2024
  • 0

Amidst Pakistan’s grappling with a severe cost of living crisis affecting a significant portion of its population, the International Monetary Fund (IMF) is pushing for […]

IMF Warns Pakistan of Economic Challenges Amid Policy Adjustments
  • Business

IMF Warns Pakistan of Economic Challenges Amid Policy Adjustments

  • Usama Mudassar
  • May 13, 2024
  • 0

while Pakistan has made progress in implementing policy adjustments and stabilizing its economy, the road ahead remains challenging. Continued cooperation with international lenders, along with sustained efforts to address structural weaknesses and promote fiscal discipline

Proposed Tax Reforms in Pakistan’s Next Fiscal Year Budget
  • Business

Proposed Tax Reforms in Pakistan’s Next Fiscal Year Budget

  • Usama Mudassar
  • May 13, 2024
  • 0

The proposed tax reforms outlined in the upcoming budget signal a shift towards a more progressive and sustainable tax system in Pakistan. By implementing these reforms effectively,

Country garden repays onshore bond coupons after missed payments.
  • Business

Country garden repays onshore bond coupons after missed payments.

  • Ibtehaj Tahir
  • May 11, 2024
  • 0

Chinese property developer Country Garden, facing financial challenges, announced on Saturday that it had repaid two onshore bond coupons before the expiration of a five-day […]

Japan’s economy expected to contract in Q1 2024, hampering bank of japan’s rate hike efforts.
  • Business

Japan’s economy expected to contract in Q1 2024, hampering bank of japan’s rate hike efforts.

  • Ibtehaj Tahir
  • May 11, 2024
  • 0

According to a Reuters poll of 17 economists, Japan’s economy is anticipated to have contracted at an annualized rate of 1.5% in the January-March quarter, […]

Pakistan stock exchange (PSX) witnesses bullish trend, KSE-100 index surges.
  • Business

Pakistan stock exchange (PSX) witnesses bullish trend, KSE-100 index surges.

  • Ibtehaj Tahir
  • May 10, 2024
  • 0

Positive momentum swept through the Pakistan Stock Exchange (PSX) on Friday, buoyed by optimistic indicators that kept investors engaged in high-stakes trading. The KSE-100 index […]

Biden administration plans new china tariffs, focused on key sectors like electric vehicles.
  • Business

Biden administration plans new china tariffs, focused on key sectors like electric vehicles.

  • Ibtehaj Tahir
  • May 10, 2024
  • 0

President Joe Biden is poised to unveil a new set of tariffs targeting strategic sectors in China, including electric vehicles, in an announcement expected as […]

Overseas Pakistanis Remit $2.8 Billion in April, Marking 28% Increase from Last Year
  • Business

Overseas Pakistanis Remit $2.8 Billion in April, Marking 28% Increase from Last Year

  • Usama Mudassar
  • May 10, 2024
  • 0

The surge in remittances from overseas Pakistanis in April reflects their unwavering commitment to supporting their families and contributing to the economic resilience of Pakistan.

Indian prime minister modi unveils targets to boost farmer incomes.
  • Business

Indian prime minister modi unveils targets to boost farmer incomes.

  • Ibtehaj Tahir
  • May 8, 2024
  • 0

Indian Prime Minister Narendra Modi has unveiled ambitious targets to bolster farmer incomes as part of his ongoing efforts to reform India’s agricultural sector and […]

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