By Staff Reporter
KARACHI: Pakistan reported two new polio cases in the southern Sindh province on Tuesday, highlighting the challenges facing the country’s vaccination drive.
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Security forces kill six militants in Balochistan operation
By Staff Reporter
ISLAMABAD: Pakistani security forces killed six militants from the Baloch Liberation Army (BLA) in an operation in the southwestern province of Balochistan, state media reported on Wednesday.
Pakistan’s forex reserves rebound to 2-month import cover
By Staff Reporter
KARACHI: Pakistan’s foreign exchange reserves surged to $10 billion, sufficient to cover two months of imports, after receiving the first $1.03 billion tranche of the International Monetary Fund’s $7 billion Extended Fund Facility.
Trade gap widens to $5.4 billion on import surge
By Staff Reporter
ISLAMABAD: The trade deficit expanded 4.2 percent to $5.44 billion in the first quarter of the fiscal year 2024-25, driven by a 10 percent jump in imports, official data showed on Wednesday.
Sept inflation slows to 6.9pc y/y, lowest since Jan 2021
By Staff Reporter
ISLAMABAD: The consumer price inflation slowed to 6.9 percent in September from 9.6 percent in August, its lowest level since January 2021, as easing food and fuel rates helped tame price pressures, official data showed on Tuesday.
Fuel prices drop for fourth time since July
By Staff Reporter
ISLAMABAD: Pakistan cut fuel prices by 0.8-2.2 percent on Monday, the fourth consecutive cut since July 30, as global petroleum prices continue to fluctuate.
Pakistan revises up FY2023-24 GDP growth to 2.52 percent
By Staff Reporter
ISLAMABAD: Pakistan’s GDP growth surged to 3.07 percent year-on-year in Q4 FY2023-24, exceeding forecasts, with the National Accounts Committee (NAC) revising its full-year estimate to 2.52 percent from 2.38 percent on stronger agricultural and services growth.
FBR extends tax return deadline to Oct 14
By Staff Reporter
ISLAMABAD: The Federal Board of Revenue (FBR) has pushed back the deadline for filing income tax returns by two weeks to Oct. 14, as it struggles to meet its tax collection targets, already facing a shortfall of Rs87 billion in the first quarter.
Tax return filers surge 100pc to 3.2 million – FM Aurangzeb
By Staff Reporter
ISLAMABAD: Pakistan’s tax return filers have surged by over 100 percent to 3.2 million, Finance Minister Muhammad Aurangzeb said Sunday, as the government steps up efforts to widen the country’s narrow tax base and shore up its fragile economy.
Seven labourers slain in troubled Balochistan province
By Staff Reporter
QUETTA: Seven labourers were killed and one injured when armed men stormed an under-construction house in Panjgur town of the southwestern province of Balochistan, late Saturday, police said.