S&P Global Lifts Pakistan’s Rating to “B-”, Stable Outlook on IMF Support & Recovery
Pakistan’s economy received a positive signal from S&P Global, which upgraded the country’s sovereign credit rating to “B-” from “CCC+” and assigned a…
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Business
Updates on Pakistan’s economy, trade, markets, finance, entrepreneurship, and global business trends
Army, FIA Crack Down on Illegal Dollar Dealers as Rupee Faces New Pressure
In a bid to stabilize the rupee, the Pakistan Army has launched a fresh crackdown on the dollar black market, with security agencies targeting illegal currency…
FBR Pushes June 2025 Sales Tax & Excise Return Filing Date to August 4
In a major relief for taxpayers, the Federal Board of Revenue (FBR) has extended the filing deadline for Sales Tax and Federal Excise Returns for June 2025.…
Golden City Housing Scheme Sealed as RDA Expands Crackdown on Illegal Developments
In a major enforcement move, the Rawalpindi Development Authority (RDA) sealed the head office of Golden City Housing Scheme along with 10 other illegal…
Investors Book Profits as PSX Drops 562 Points Amid Rollover Week Caution
The Pakistan Stock Exchange (PSX) turned bearish on Thursday as profit-taking and rollover week pressure dragged the benchmark KSE-100 index down by 562 points,…
Gold Rate in Pakistan Soars to Record Rs. 364,900 Per Tola After Sharp Weekly Spike
The gold market in Pakistan has witnessed another sharp rise, pushing prices to their highest level in history.
As per the All Pakistan Sarafa Gems and…
High-Level Pakistan Delegation in Washington to Finalize Crucial Trade Agreement with US
Pakistan has stepped up efforts to seal a comprehensive trade deal with the United States, sending its top officials to Washington for pivotal discussions,…
Rs455 Billion Extra Tax from Retail Sector Sparks Debate Over FBR Data
ISLAMABAD – The Federal Board of Revenue (FBR) claims the retail sector contributed an additional Rs455 billion in income tax during FY 2024-25, but the…
Beware! RDA Seals Capital Smart City Phase-III Office Over Illegal Bookings
RAWALPINDI: The Rawalpindi Development Authority (RDA) has sealed the marketing office of Capital Smart City Phase-III and an ATM of a private bank, warning…
Record-Breaking Rally: PSX Soars on Military Backing, IMF Boost, and Rate Cut Hopes
A powerful rebound hit the Pakistan Stock Exchange (PSX) on Tuesday as the benchmark KSE-100 Index closed at a record 139,419.61 points, climbing 1,202 points…