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Personal portfolio management options
KARACHI:
Investment is an integral part of individual financial management. A certain portion of the amount of money we earn must be saved and invested for reaping benefits in future.
If we continue to spend whatever we earn, there…
New government but old economic crisis
KARACHI:
The economy is trapped in a vicious cycle as the balance of payments crisis emerges after every few years.
Even though the government has changed, the economic challenges remain the same. The volatility in the currency…
Elon Musk willing to invest up to $15b of own money to buy…
Elon Musk is willing to invest between $10 billion and $15 billion of his own money to take Twitter private, the New York Post reported on Tuesday, citing two sources familiar with the matter.
The billionaire, who is Twitter’s…
IMF keeps Pakistan’s GDP forecast unchanged, but warns…
The International Monetary Fund (IMF) has kept its GDP growth forecast for Pakistan unchanged at 4% for fiscal year 2022.
However, the Fund warned that rising inflation and external environment had increased near-term risks and sharply…
ICCI hails PM for inaugurating Islamabad Metro Bus Service for…
Our Correspondent
ISLAMABAD: Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Industry (ICCI) hailed the initiative of Prime Minister Shahbaz Sharif for inaugurating the Islamabad Metro Bus service from Peshawar…
Gold shines, price rises by Rs800 per tola in Pakistan
Business Reporter
KARACHI: Gold price in Pakistan rose on Monday, boosted by concerns regarding economic conditions which have once again sparked a flight from risky commodities towards safer ones.
Gold prices in the local bullion…
IMF ready to work with new govt to assist Pakistan towards…
The International Monetary Fund (IMF) is ready to assist Pakistan in its efforts to head off a looming balance of payment crisis and suggest roadmaps towards economic sustainability along with the new government,
Speaking, IMF’s Resident…
Telecom group seeks withholding tax reduction
ISLAMABAD:
The Pakistan Telecommunication Company Limited (PTCL) group has urged the newly established government to cut withholding tax (WHT) in the upcoming budget.
In a statement on Wednesday, PTCL Chief Financial Officer (CFO)…
Diesel set to rise above Rs200
ISLAMABAD: The price of diesel is set to cross Rs200 per litre for the first time in history on the back of soaring crude oil prices in the global market and sharp depreciation of the rupee against the
US dollar.
In the second…
PTA renews mobile operator licence for $486m
ISLAMABAD:
Pakistan Telecommunication Authority (PTA) has renewed the licence of a mobile network operator that committed the highest-ever investment in the telecom sector.
According to a statement, Pakistan Mobile Communication Limited…