Business

Policy rate unchanged at 11.5%
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Govt decreases petrol price by Rs1, increases HSD price by Rs3.37 for July 28
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Govt to present recommendations in week to resolve issues of oil tanker association
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SBP keeps policy rate unchanged at 11.5%
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Oil prices drop after US, Iran pause fighting over weekend
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Pakistan Business News

ECC restores Rs7b for MPs’ schemes
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Okays Rs10.2b for submarines, Rs693m for peace talks, clears Rs100b loan guarantee ISLAMABAD: The government on Friday approved over Rs10...

Small traders welcome 1% turnover tax scheme
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Karachi associations praise fixed tax regime for businesses with annual turnover up to Rs200mResearch conducted by Australia’s tax authorities revealed...

Petrochemical complex to save b in imports tribune.com.pk

Petrochemical complex to save $5b in imports
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Experts say integrated chemical value chain could generate 100,000 jobs, $50b industrial outputChina National Petroleum Corporation (CNPC)'s Dalian Petrochemical Corp...

Fuel, food push SPI higher by 14.75% YoY
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KARACHI: Pakistan's short-term inflation, gauged by the Sensitive Price Indicator (SPI), surged 14.75% year-on-year, reflecting the impact of heightened geopolitical...

Inventory gains recovery opposed
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Analysts have estimated a loss of 7 million to 10 million barrels per day of Middle East oil production due...

Govt slashes petrol price by Rs4 per litre
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Petrol price reduced to Rs377.78 per litre; diesel retained at Rs380.78 for next fortnightPeople on their motorbikes wait for their...

PSX loses 700 points in range-bound trading
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KSE-100 slips 0.41% to close around 170,480 as geopolitical concerns weigh on sentiment The Pakistan Stock Exchange (PSX) witnessed a...

Govt announces small trader scheme aiming to raise Rs50b annually
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Small businesses with annual turnover of up to Rs200m to be brought into formal tax net under new initiativeFinance Minister...

Gold prices in Pakistan Today
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KARACHI: Gold prices declined in local bullion markets on Friday after prices fell in the international bullion market. The price...

Oil edges up on US-Iran deal uncertainty, Oman’s Mina al Fahal loading suspension
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Iran renewed attacks on the United Arab Emirates on Tuesday, causing oil loading at the port of Fujairah to be...

FBATI for separate SME tax regime
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Export support, low-markup loans and lower power tariffs proposed for upcoming budget KARACHI: In the upcoming federal budget, a special...

PSX gains 985 points on heavyweights
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KARACHI: Pakistan Stock Exchange (PSX) rebounded on Thursday as the benchmark KSE-100 index closed higher despite volatile intra-day trading and...

SBP’s forex reserves rise m to .19b tribune.com.pk

SBP’s forex reserves rise $43m to $17.19b
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KARACHI: The State Bank of Pakistan's (SBP) liquid foreign exchange reserves rose by $43 million to $17.190 billion compared to...

Govt sets Rs290/$ exchange rate
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ISLAMABAD: The federal government has set the Rs290 to a dollar exchange rate for the new budget, which shows a...

PM Shehbaz directs pilot launch of automated tax system in Islamabad
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Govt to scrap customs duties on cancer medicine raw materials under tariff reformsPrime Minister Shehbaz Sharif chairs a meeting on...

PSX rallies over 700 points in mid-session trade
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Bullish sentiment lifts KSE-100 Index to 170,896.59 as volume crosses 115 million sharesPSX witnessed a strong trend-reversal session as the...

Oil falls as Lebanon and Israel agree on a ceasefire
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