Goldman to lay off a few hundred employees in annual review
Investment bank reinstates performance-related job cuts in 2022 after halting for two years due to pandemic
Money
FBR faces Rs113 billion shortfall in August tax collection
Board hopeful revenue collection will increase on final day of August, help reduce overall shortfall
Pakistan's agricultural exports surge 45% in early FY 2024-25
SIFC support boosts food exports while imports decline by 18%
Pakistan’s economic outlook: Inflation hits 32-month low
Current Account Deficit falls by 78% in July
Uncertain gold prices in Pakistan leave consumers confused
Lack of updates has caused uncertainty for buyers and sellers
OGDCL strikes oil and gas in Sanghar district
Well starts production of 6.8 million standard cubic feet of gas per day
Pakistan's national debt stands at Rs71 trillion of June 2024
Federal govt unveils dep repayment schedule till 2040
Pakistan's economy shows signs of recovery in fiscal year 2024
Exports rise to $30.645 billion, foreign exchange reserves reach $14.7 billion
Govt, SIFC launch strategy to combat grey market
New measures aim to boost GDP growth and stabilize currency exchange rates
Zindigi introduces Pakistan’s most inclusive contactless payment solution, “Zindigi Pay”
Your phone becomes POS machine for everyone
ECC greenlights key CPEC projects, revises remittance incentive schemes
Under new scheme, flat reimbursement rate of SAR 30 per eligible transaction will be divided into fixed and variable components
Karachi wholesale market to shut down on Saturday over tax dispute
Shutdown is expected to have a significant impact on the supply chain
Finance ministry clarifies pension rules for overseas retirees
Finance ministry issues clarification on pension rules for overseas retirees
Gold price per tola in Pakistan sees major drop
Decline follows a record high reached in the previous session.
Karachi consumers face potential hike in power tariff
Consumers demand an end to disparity in fuel prices
Fintech industry leaders meet NADRA Chairman
Discussion on challenges and exploring avenues of mutual collaboration
US dollar halts Pakistani Rupee advance, thrashes local unit
The depreciation of the US dollar in the exchange market has stopped.
Incentives for overseas Pakistanis as Pakistan targets $60b remittance goal by 2034
For the current financial year, the target for remittances is set at $30.27 billion
Govt accelerates IT Park development with SIFC support
Govt aims to boost IT exports to $25bn
Saudi Riyal to PKR latest exchange rate today
Steady trend reflects current financial landscape, providing sense of assurance to those closely following currency dynamic
Pakistanis have forgotten Rs97 billion in dormant bank accounts
Amount spread across 10.4 million temporarily closed accounts in various banks across country
Moody’s upgrades Pakistan’s rating from Caa3 to Caa2
Moody's says govt could achieve better fiscal position than agency expected
Islamic banks in Pakistan charge 25-30% interest rate: Mandviwala
Committee chairman action from State Bank of Pakistan
Govt agrees to amend Tajir Dost Scheme following protests call
FBR says notification for amendment of SRO will be issued soon
Bank account deposit protection limit increased to Rs500,000
Deposit protection schemes are designed to deal with failure of a bank on standalone basis and
FINANCE
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Gold prices in Pakistan witness historic increase
Silver market remained stable, with price of silver holding at Rs3,050 per tola
PM Shehbaz proposes common currency for SCO member states
Sharif highlights potential for SCO to evolve into Interbank Union to tackle banking challenges
Gold prices in Pakistan see major decline
Silver market remained stable, with price of silver holding at Rs3,050 per tola
FBR once again extends income tax return filing deadline
Decision made under Section 214A of Income Tax Ordinance 2001, providing taxpayers more time to file returns
Gold prices in Pakistan continue to increase
Silver market remained stable, with price of silver holding at Rs3,050 per tola
AUTO
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Pakistan's gas supply to ease, gets second LNG cargo from Azerbaijan
Cargo expected to be delivered in February, enhancing energy cooperation between both countries
Power tariff likely to be increased by Rs5.62 per unit
If approved, increase will pile on a staggering burden of over Rs49 billion on consumers
Significant progress in improving diesel pricing mechanism
Ministry of Energy instructed OGRA to develop consensus framework for diesel imports
Years-long dispute ends, govt, K-Electric to sign four pending deals
Agreements also address 18-year-old concerns of Saudi stakeholders involved in K-Electric
Lahore’s electricity shortfall soars: 1000 MW deficit spurs 6-hour load shedding
City’s daily power demand surges to 2600 MW during cold spells
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