According to analysts, two out of every five cigarettes sold in Pakistan are sold through tax…
Category: Economy
Pkr Gains Rs. 4.83 Against US Dollar, Now Reached Rs. 268.5
On Thursday, the Pakistani rupee extended its gains against the dollar by Rs4.83 in the interbank…
Honda Pakistan Increases Car Prices Again by Upto Rs. 550,000
After Toyota, Suzuki, and KIA, Honda Atlas has increased prices across its entire line-up, with the…
State Bank reserves plummet to nine-year low of $3.1bn
The central bank’s foreign exchange reserves have hit a nine-year low of $3.1 billion as of…
IMF rejects circular debt management plan
The visiting IMF review mission has rejected the revised Circular Debt Management Plan (CDMP) and asked…
Automakers suspended their productions
Faced with a demand slump and raw material shortages amid unfavourable economic conditions, Indus Motor Company…
Govt sees spike in inflationary pressures
Highlighting ‘immense pressures’ on fiscal account owing to revenue collection challenges, heavy interest payments and rehabilitation…
Subsidies, security costs ‘on chopping block’ to placate IMF
The government may have to withdraw energy subsidies to big export industries, besides cutting non-salary, non-essential…
Pakistani Ruppee on fall, Reached Rs. 228.34 against US Dollar in Interbank
The Pakistani currency continued to fall against the US dollar in the interbank market recently. As…
With flour price relief yet to reach masses, pulse crisis emerges
Just when the prices of wheat flour are soon going to ease, following a merciless upward…