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Gold prices see the biggest rise of the year

Photo: AFP Gold prices in the country have been hitting a new high almost every day for the last few days. They saw their biggest jump of the year on Wednesday when a tola became Rs1,000 more expensive in one day. The precious metal is now trading at Rs69,600 per ...

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FBR seeks income tax proposals for new budget

The Federal Board of Revenue (FBR) has started preparations for the formulation of proposals for the 2019 finance bill and has asked all relevant stakeholders to submit income tax proposals. “To benefit from the collective wisdom of all the stakeholders for the improvement of tax policy, proposals are invited for ...

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India launches trade war on Pakistan over Pulwama attack

Photo: AFP New Delhi has raised duties on major Pakistani products as a protest against last week’s terrorist attack on its paramilitary soldiers for which it blames Islamabad. Around 300 trucks carrying cement, one of Pakistan’s major exports to India, were stuck at the Wagah border after duties were suddenly ...

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Saudi company to invest $4b in Pakistan’s energy sector

Photo: Asad Umar/Twitter A Saudi power company, ACWA Power, has expressed its willingness to invest $4 billion in Pakistan’s renewable energy sector. A delegation of Saudi investors, headed by ACWA Power Chairperson Mohammad A Abunayyan, met with a Pakistan delegation headed by Finance Minister Asad Umar. Just completed meeting with ...

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