ISLAMABAD The government unveiled the “Meri Gari Scheme” on Friday, according to ARY News, in an effort to help the general public. 2.Important Scheme Reduced Taxes: The government has made reductions on sales tax from 17% down to 12%. 5% on small cars. This therefore will imply that the total cost of these cars will […]
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KARACHI: Finance Minister Shaukat Tarin has said that 9 per cent growth in the large scale manufacturing (LSM) along with robust services sector performance enabled the country post 3.94 per cent GDP growth in the first nine months of the current fiscal year. Unveiling the Pakistan Economic Survey 2020/21 on Thursday, Tarin said that the […]
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Pakistan stock market (PSX) 100-index at the closing time of the first day of the trading week gained 90 points as share prices rose to new highs 48,302 which is highest in the last four years and two months. The total trading business at the closing time of the PSX was Rs930 million shares worth […]
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The State Bank of Pakistan (SBP) has released on Sunday a clarification on the media debate over GDP growth estimations being cited by the National Accounts Committee (NAC) noting underway strong economic recovery already highlighted in its quarterly reports.In a set of tweets published by the central bank via its official handle say that the […]
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Bitcoin fell 13% on Sunday after the world’s biggest and best-known cryptocurrency suffered another sell-off that left it down nearly 50% from the year’s high.Bitcoin fell to $32,601 at 1800 GMT (2 p.m. ET), losing $4,899.54 from its previous close. It hit a high for the year of $64,895.22 on April 14.Ether, the coin linked […]
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Two British chemists who developed a super-fast DNA sequencing technique that paved the way for revolutionary healthcare advances were on Tuesday awarded Finland’s version of the Nobel science prizes.Cambridge University professors Shankar Balasubramanian and David Klenerman took home the 1 million euro ($1.22 million) Millennium Technology Prize for their work over 27 years creating ever […]
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KARACHI: After the suspension of two years, the Pakistan International Airlines (PIA) has resumed flight operation for Balochistan’s Zhob district. As per details, the PIA has resumed flight operation for Zhob and after two years, an ATR plane PK-528 landed at Zhob airport from Karachi, while PK-529 departed for Karachi from Zhob.The passengers can now […]
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The United States Dollar Friday further weakened against the Pakistani rupee and fell at the lowest value in the last 22 months. According to the financial reports, the Pakistan Rupee gained 20paisa against the US dollar in the inter-bank market. At the Inter-bank Foreign Exchange (IFEX), the dollar fell from RS152.60 to RS152.28. Pertinent to […]
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Adviser to Prime Minister of Pakistan for Commerce and Investment has confirmed that international retailer company and world’s top ecommerce website Amazon will be adding Pakistan in its Sellers’ List within a few days. In a tweet uploaded on Thursday, Razak Dawood said, “We have been engaged with Amazon since last year and now it’s […]
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Pakistan’s exports to Japan have jumped by 40 percent in the first quarter (January-March) of 2021 compared to the last quarter of 2020 (October– December). The increase is more than 47 percent when compared to the same period last year January– March 2020. These trade figures have been released recently by Japan’s Ministry of Finance. […]
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