Category: Newsfeed
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KSE-100 Index Hits Record High Amid Profit-Taking and IMF Talks
KARACHI: The stock market continued its upward trajectory, with the KSE-100 index surpassing the 94,000 mark during intraday trading for the first time on Monday. However, profit-taking in the latter part of the session trimmed some of the early gains as discussions commenced with a visiting International Monetary Fund (IMF) team regarding economic performance, particularly…
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Bilawal Bhutto-Zardari Quips ‘Move to Karachi’ as Smog Chokes Punjab and KP
Mocking the governments of Punjab and Khyber Pakhtunkhwa, which are grappling with a severe smog crisis, Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari has advised people to move to Karachi for better air quality. The PPP has ruled Sindh for about 15 years. Bilawal shared real-time AQI rankings of Pakistan’s cities recorded on November 10…
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Pakistan Devises Alternative Plan to Address Tax Shortfall
ISLAMABAD: Pakistan has devised an alternative plan to address its growing tax shortfall without resorting to a mini-budget, according to sources from the Federal Board of Revenue (FBR). The decision comes after Prime Minister Shehbaz Sharif rejected proposals to raise taxes on the salaried class. FBR Chairman Rashid Langrial is leading efforts to implement this…