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Pakistan and Tajikistan Assess Bilateral Cooperation

DUSHANBE: Prime Minister Shehbaz Sharif and Tajik President Emomali Rahmon on Thursday reviewed bilateral cooperation across various sectors, including politics, trade, economy, energy, defence, security, and regional connectivity. In their meeting, both leaders agreed to explore new areas of collaboration, with particular emphasis on promoting investment opportunities, expanding educational ties,

PKR Minor Decline

KARACHI: The Pakistani rupee saw a marginal decline against the US dollar in the inter-bank market on Monday, slipping by 0.03%. By the close of trading, the local currency stood at 282.06, marking a decrease of 9 paisas compared to the previous session. Over the past week, the rupee weakened

Expected FED decrease on beverages

ISLAMABAD: The government is actively considering a reduction in the federal excise duty (FED) on aerated beverages in the upcoming 2025-26 budget to attract greater foreign investment in the sector. Sources informed Business Recorder on Monday that budget planners are finalizing proposals aimed at providing tax relief for the industry.

Rupee Depreciated Against the US Dollar

KARACHI: The Pakistani rupee weakened against the US dollar over the past week, slipping by Re0.31 or 0.11% in the inter-bank market. According to the State Bank of Pakistan (SBP), the local currency closed at 281.97 against the greenback, compared to 281.66 at the end of the previous week. Analysts

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