• 17 May, 2024

Articles By This Author

Economy

PITB and Sweden-Based Nutty Ventures Sign MoU for Promotion of Local Startups

Punjab Information Technology Board (PITB) and Sweden based Nutty Ventures AB have signed an MoU, committing to providing increased exposure to Pakistani startups in Sweden, creating tailor-based coaching opportunities for Pakistani startups, strengthe…

Economy

ICCI Fears New Wave of Inflation After Mini Budget

The Islamabad Chamber of Commerce and Industry (ICCI) has shown serious concern over the Finance (Supplementary) Bill 2021 tabled in the national assembly on Thursday.A media release issued by the chamber said that the approval of the bill would hit th…

Economy

Rupee Ends 2021 With One of Its Biggest Gains Against US Dollar Following SBP Bill

The Pakistani Rupee (PKR) has bid farewell to 2021 by posting big gains against the US Dollar (USD) in the interbank market today. It appreciated Rs. 1 against the greenback after hitting an intra-day high of Rs. 176.45 against the latter during today’…

Economy

SPI-Based Weekly Inflation Marginally Decreases

The Sensitive Price Indicator (SPI) for the week ended December 30, 2021, recorded a decrease of 0.50 percent, says the Pakistan Bureau of Statistics (PBS).The decline in SPI was due to a decrease in the prices of tomatoes (30.92 percent), potatoes (7….

Economy

Govt Decides Against Privatizing Mari Petroleum Company

The cabinet committee on privatization (CCoP) has decided to remove Mari Petroleum Company Limited from the list of privatization after a detailed deliberation on a proposal seeking divestment of the government’s shares in the firm.Federal Minister for…

Economy

Chairman FBR Slams Media Reports for Twisting Tax Issues

Chairman Federal Board of Revenue (FBR), Dr. Muhammad Ashfaq Ahmed, said on Friday that certain media reports misinterpreted various tax issues as many taxes which were reportedly imposed were in fact not levied.Addressing a press conference, the Chair…