PFRDA chief puts India’s retirement-income replacement rate at 35–40% versus 60% global…
PFRDA chief puts India's retirement-income replacement rate at 35-40% versus 60% global level Ramann notes Indians need to invest more for retirement as PFRDA…
Tag: Business
11 Saudi, Turkish and Pakistani Investors Want to Buy GEPCO
In practice, the privatization of Gujranwala Electric Power Firm (GEPCO) has attracted robust interest from domestic and international investors, with 11 prospective investors submitting…
PTA Confirms Tax on Old and New Phones is Still the Same
While the Federal Board of Revenue (FBR) is responsible for determining and collecting mobile phone taxes, the Senate Standing Committee on Cabinet Division was…
Pakistan Seeks More Chinese Investment in 3 Sectors
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met a delegation of the Silk Road Fund (SRF) led by its Chairperson Zhu Jun…
Engro Holdings’ First Half Profit Down by 41%
Engro Holdings Limited documented a 41 percent year-on-year (YoY) decline in consolidated profit after tax to Rs.
Pound, Euro, Canadian Dollar Trash PKR Again to End Week
For context, the Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 224th consecutive day on Friday.
Dealers’ margin on petrol, diesel boosted by Rs 1.34
Attention has turned to dealers' margin on petrol, diesel boosted by Rs 1.34, a development that is being followed closely by readers who track…
Govt Renews Mari Energies’ Ghotki Lease Till 2065
Mari Energies Limited (PSX: MARI) has received administration approval for the renewal of its Mari Development and Production Lease in District Ghotki, Sindh, allowing…
Gold prices surge for second straight day in Pakistan
Notably, the international cost of gold climbed by $52 per ounce, reaching $4, 547 per ounce.
IFC Approves $10 Million Loan for Women and Small Businesses in Pakistan
Meanwhile, the International Finance Corporation (IFC), a member of the World Bank Group, has provided a $10 million loan to ASA Microfinance Bank (Pakistan)…