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FBR ‘categorically denies’ tax free import of bulletproof vehicles

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The Federal Board of Revenue (FBR) on Saturday "categorically denied" issuance of any Statutory Regulatory Order (SRO) that allows ex-military officers to import duty and...

Apple to raise App Store prices in some countries in Europe, Asia

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Apple Inc (AAPL.O) said on Tuesday it will raise prices of apps and in-app purchases on its App Store from next month in all...

Rate hikes – a double-edged sword for central banks

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Central banks worldwide are using aggressive interest rate hikes to lasso galloping inflation, at the risk of pulling down the global economy with it. The...

Downward slide of rupee continues, nears all-time low level against dollar

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The Pakistani rupee slid for the 13th straight session against the US dollar on Tuesday, as despite assurances from the government, the market's perception...

Lahore Chamber unhappy with PM Shehbaz’s performance

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The Lahore Chamber of Commerce & Industry (LCCI) on Monday termed Prime Minister Shahbaz Sharif’s performance unsatisfactory and urged him to deliver fast to...

Banks using credit cards to send dollars abroad

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Amid the daily dollar rate appreciation, banks have doubled their buying of the US currency and are sending it abroad via credit cards while...

Rupee inching towards all-time low once again

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Pakistani currency has come close to an all-time low in freefall on the eleventh successive working day, as it freshly dropped 0.41% (Rs0.96) to...
Petrol-stocks-hit-historic-high-The-Correspondent

Revision of petroleum prices delayed as ‘PM is out of country’

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Despite tall claims by the PML-N led coalition government to curb inflation, it has failed to announce reduction in prices of petroleum products, as...
Rupee-drops-to-two-week-low-at-Rs172.93-gold-rises-The-Correspondent

Pak rupee fails to stabilise, falls for 10th consecutive session

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The Pakistani rupee fell by Rs1.56 against the US dollar in the interbank market on Thursday and closed at Rs235.88 after depreciating 0.66 percent. On...

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