Business
Report warns Pakistan trapped in vicious debt cycle
Pakistan’s debt burden has reached alarming levels, with every citizen now owing Rs 318,252, according to latest estimates by the Economic Policy & Business Development Think…
Business
Business
Pakistan Offers Subsidy to Boost Electric Scooter Sales
The government has rolled out incentives under the Pakistan Accelerated Vehicle Electrification scheme, offering citizens easy access to electric scooters through subsidised and interest-free instalment plans.…
Business
Islamabad Under Pressure as IMF Questions Tax Targets
Pakistan entered the second round of economic review talks with the International Monetary Fund, presenting data on tax collection, fiscal performance, and widening revenue shortfalls. The…
Business
Fauji Cement boosts sales, explores new export markets
Fauji Cement Company Limited (FCCL) has reported a 5.7% year-on-year growth in cement sales during FY25. It outlines expansion in exports, energy efficiency, and dividend payouts…
Business
PSX Hits Historic High as Bullish Rally Strengthens
The Pakistan Stock Exchange recorded a historic milestone on Friday, with the KSE-100 Index crossing 160,000 points during early trade amid strong buying activity. At 10:15am,…
Business
FBR Revises Tax Form, Adds Asset Value Details
The Federal Board of Revenue has revised its IRIS tax return form only days before the September 30 filing deadline, sparking concern among taxpayers. The revised…
Business
Topline Raises HBL Earnings Forecasts for 2025-26
Topline has revised our earnings estimates for Habib Bank Limited (HBL) upward by 24% and 19% for 2025 and 2026 to Rs46.2/sh and Rs46.3/sh, respectively. This…
Business
Debt Deal and Banks Lift Market Sentiment
The Pakistan Stock Exchange (PSX) continued its positive momentum on Thursday morning, with the KSE-100 Index rising over 500 points in early trading. At 10:05am, the…
Business
Govt Clears Rs 3.5B Subsidy for Raast Merchants
The government has cleared Rs 3.5 billion in subsidies for Raast Merchants in a bid to bring 2 million merchants under the QR code system under…
Business
IIC Declares Withholding Tax Un-Islamic
The Islamic Ideology Council (IIC) has declared the withholding tax on bank withdrawals un-Islamic, describing it as an undue financial burden on citizens. Chairman Allama Dr.…
