Economy

US Federal Reserve keeps rates steady but pencils in two cuts by end of 2025
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US Federal Reserve keeps rates steady but pencils in two cuts by end of 2025

Year-end inflation projection higher at 3%, growth lower at 1.4%

Privatization Commission approves new steps for strategic power sector transactions in Pakistan
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Privatization Commission approves new steps for strategic power sector transactions in Pakistan

Board gives green light to appoint financial advisers for key DISCOs and GENCOs' privatization

Pakistan raises PKR 557 billion via bonds as investor demand cuts yields
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Pakistan raises PKR 557 billion via bonds as investor demand cuts yields

Government exceeds auction target, extends debt maturity in fiscal reforms push

Government officials turn extortionists in Pakistan's Karachi
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Government officials turn extortionists in Pakistan's Karachi

Can you guess how much daily extortion is collected in Karachi from pushcarts, vendors, and traders?

'Cheating the FBR': Just 12 Pakistanis declare over PKR 10 billion
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'Cheating the FBR': Just 12 Pakistanis declare over PKR 10 billion

Watch the video to find out more

Pakistan utilizes just 54% of development funds in 11 months of FY25
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Pakistan utilizes just 54% of development funds in 11 months of FY25

Next year’s budget prioritizes infrastructure and unfinished projects

Middle Eastern banks support Pakistan's re-entry into international commercial markets
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Middle Eastern banks support Pakistan's re-entry into international commercial markets

Pakistan secures $1 billion syndicated finance deal with backing from ADB

MG says hybrid SUVs in Pakistan fail cost-effectiveness test
Business

MG says hybrid SUVs in Pakistan fail cost-effectiveness test

MG executive claims price gap makes hybrids financially unviable for most buyers, promotes PHEVs as better urban solution

Fuel prices in Pakistan may rise up to 9% amid global oil surge
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Fuel prices in Pakistan may rise up to 9% amid global oil surge

Officials say no increase in levy, impact to be passed to consumers

US added over 1,000 new millionaires a day last year, UBS report says
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US added over 1,000 new millionaires a day last year, UBS report says

The United States accounted for almost 40% of global millionaires in 2024

Careem to halt Pakistan ride-hailing operations from July 18
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Careem to halt Pakistan ride-hailing operations from July 18

Market observers were of the opinion that the closure might be due to stiff competition from Yango and Indrive

Foreign investment in Pakistan declines 36.5% in May
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Foreign investment in Pakistan declines 36.5% in May

For the first 11 months of the fiscal year, total FDI fell 7.6% to $1.97 billion, compared with $2.14 billion the previous year

Driving a tempered car? It may just be headed for the scrapyard
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Driving a tempered car? It may just be headed for the scrapyard

Nukta breaks down the Pakistan government's proposed move

Pakistan proposes tax exemptions for 111 institutions, including Fauji Foundation
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Pakistan proposes tax exemptions for 111 institutions, including Fauji Foundation

Pakistan's budget for the upcoming fiscal year has divided many. Now, there's a new contention: income tax exemptions

Pakistan PM curbs FBR arrest powers in tax fraud cases after investor pushback
Business

Pakistan PM curbs FBR arrest powers in tax fraud cases after investor pushback

Tax fraud suspects must now face a review board before any arrest; CEOs protected under revised Finance Bill 2025

Pakistan’s IT exports dip 1% in May, breaking 19-month growth streak
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Pakistan’s IT exports dip 1% in May, breaking 19-month growth streak

Despite minor monthly decline, May’s exports surpass 12-month average

Senators slam Pakistan government institutions for hoarding billions in profits
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Senators slam Pakistan government institutions for hoarding billions in profits

NADRA among institutions holding funds outside national treasury; lawmakers demand full disclosure and accountability

Pakistan to pass on full global oil price hike to consumers
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Pakistan to pass on full global oil price hike to consumers

Finance minister says government won’t delay tough calls

Key takeaways from Pakistan central bank's monetary policy meeting
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Key takeaways from Pakistan central bank's monetary policy meeting

SBP maintains the status quo at 11% amid fragile recovery, eyes external risks

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