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Here’s the story of a man in China who’s been making waves: After his girlfriend broke up with him, citing his financial struggles as the reason, he decided to channel all his energy into growing his business. Instead of being crushed by the breakup, he used it as motivation to push himself harder, learning the…
Islamabad: The International Monetary Fund (IMF) has predicted a continuous decrease in inflation in Pakistan. In a report, the IMF has estimated the average inflation in Pakistan to be in single digits for 5 consecutive years. The IMF has predicted that inflation will remain lower than the government’s target this fiscal year. The IMF expects…
Pakistan Stock Exchange Hits Record High of 86,513 Points Amid SCO Summit in Islamabad Islamabad: As the Shanghai Cooperation Organization (SCO) summit takes place in Islamabad, the Pakistan Stock Exchange (PSX) reached a historic peak. The PSX 100 Index surged to an all-time high of 86,513 points, marking a gain of 603 points from the…
The Federal Board of Revenue (FBR) has received 942,000 new tax filers from July 1 to October 8, 2024. According to FBR officials, more than 4 million 78 thousand people have submitted income tax returns till October 8. In the same period last year, the authorities had collected 20 lakh 67 thousand returns, while this…
Pakistan plans to borrow $3.2 billion in one-year foreign debt, including a Saudi oil facility. Pakistan promised a $1.2 billion oil facility to Saudi Arabia, a $1 billion commercial loan to Dubai Islamic Bank, a $600 million loan to SCB and a $430 million loan to Islamic Development Bank’s ITSC. Conveniently obtained. The borrowing plan…