Finance Minister Assures Support to Traders, Rules Out Tax Withdrawal
ISLAMABAD: Finance Minister Muhammad Aurangzeb has firmly rejected traders' calls for tax withdrawal, stating that every sector of Pakistan must contribute to taxes.
"We will...
Chinese Researchers Develop Building Cooling Material to Reduce Carbon Emissions
BEIJING: In a world that is warming up quickly, efficiently cooling our houses in the summer with less energy use and fewer greenhouse gas...
Agri Growth: Pakistan Witnesses 103% Rise in Tractor Sales
ISLAMABAD: In a remarkable turn of events, Pakistan's agricultural landscape is experiencing a robust transformation as tractor sales soar, registering an impressive 103% increase...
PSX Snaps Losing Streak After a Strong Comeback Buoyed by Moody’s Rating
KARACHI: Brimming with confidence after latest upgrade in Pakistan’s credit rating by international rating agency Moody’s, the Pakistan Stock Exchange (PSX) witnessed a positive...
Google Fuels Innovation at Think Apps 2024, Empowering Pakistan’s Booming App Industry with AI
Pakistan recorded a compound annual growth rate (CAGR) of 32% in global downloads of locally-made apps from 2018 to 2023.
In 2023, apps...
Moody’s Upgrades Pakistan’s Rating to Caa2; Changes Outlook to Positive
WASHINGTON: Global rating agency Moody’s on Wednesday upgraded Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa2 from Caa3.
The international...
Third Oil and Gas Reservoir Discovered in a Month
ISLAMABAD: A third oil and gas reservoir has been discovered in the Razgir-I Formation of the Kohat Tal Block, marking the third such find...
Firewall Issue Causes $300 Million Loss to Country’s IT industry
ISLAMABAD: The country’s IT industry has been hit hard by poor internet service as it has suffered a loss of $300 million so far.
Underscoring...
Premier Dissatisfied With Work of Stefan Dercon; Assigns Task to Ishaq Dar
ISLAMABAD: Prime Minister Shehbaz Sharif, dissatisfied with the work of UK-based economist Stefan Dercon, has assigned the responsibility of developing the "home-grown economic development...
MSCI Adds 7 Pakistani Companies to Global Indices
NEW YORK: Pakistan has attained another in Pakistani stock market's crown and gains a new economic scenario as Morgan & Stanley Capital International (MSCI)...
