Stay updated with our latest news and events.
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.
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
KARACHI: The Pakistan Stock Exchange (PSX) remained under consistent pressure throughout the week as investors maintained a cautious approach ahead of the upcoming federal budget. Concerns over potential tax measures weighed heavily on market sentiment, contributing to a continued downward trend. The benchmark KSE-100 Index dropped by 546.47 points, or
KARACHI: The Pakistani rupee continued its downward trend against the US dollar, slipping by 0.03% in the inter-bank market on Thursday to reach a 17-month low. By the end of the trading session, the local currency had depreciated by Re0.09, closing at 282.06 against the greenback. A day earlier, it
