Business
Bringing you the latest from the business sector
-
FBR surpasses seven-month tax target by Rs17b
ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed its seven-month (July-Jan) collection target by Rs17 billion as it collected…
Read More » -
US dollar sold at Rs160.8 in Pakistan on January 29
KARACHI: The buying rate of the US dollar was Rs160, while its selling rate was Rs160.8 on Friday, January 29…
Read More » -
Gold sold at Rs112,950 per tola in Pakistan on January 29
KARACHI: A single tola of 24-karat gold in Pakistan was sold for Rs112,950 on Friday, January 29, at the opening…
Read More » -
SBP foreign reserves fall $15mn to $12.9bn
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $15 million compared with $13,013…
Read More » -
Oil prices edge lower as Covid-19 lockdown concerns overshadow demand prospects
Oil prices slipped for a second straight session on Monday as renewed Covid-19 lockdowns raised fresh concerns about global fuel…
Read More » -
Rupee weakens against US dollar
ISLAMABAD: The rupee weakened against the US dollar at Rs160.52 in the inter-bank market on Monday compared with Friday’s close…
Read More » -
Foreign investment drops by 30pc in first half of FY21
KARACHI: Foreign direct investment (FDI) fell by 30 per cent in the first half of the current fiscal year, reflecting…
Read More » -
NEPRA approves tariff hike of Rs1.06 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Monday approved a power tariff hike of Rs1.06 per unit on…
Read More » -
July-Dec tax receipts surpass Rs2.205bn
ISLAMABAD: Prime Minister Imran Khan was informed on Sunday that tax receipts had surpassed Rs2,205 billion during the first six…
Read More » -
New Price Monitoring Mechanism Approved
ISLAMABAD: Prime Minister Imran Khan on Friday approved a Decision Support System for Inflation (DSSI) to record and monitor prices…
Read More »