PKR Achieves New Record Against Dollar
Meanwhile, the Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 250th consecutive day on Tuesday.
Tag: Business
PTA Eyes Stricter Rules for Leading Telcos
Telecom operators with more than 25 percent of revenues in a relevant market may be presumed to have Significant Market Power (SMP) under amendments…
Gold Again Gets Cheaper in Pakistan
Gold rates in Pakistan fell on Tuesday after international rates declined.
UAE Oil Rises Above $120
UAE crude has crossed the $120 per barrel mark as renewed reservations over Middle East oil supplies push regional crude costs higher.
Islamabad Cracks Down on Cow Owners
Meanwhile, the district administration has banned the establishment and operation of cattle pens for cows and buffaloes in residential areas of Islamabad over reservations…
Govt Budget and Expenses Don’t Match
For context, the International Monetary Fund (IMF) has sought an explanation for the documented Rs.
IMF Wants More Tax on Farmers
For context, the International Monetary Fund (IMF) is not happy with Pakistan's subdued revenue collection from farmers despite 3x higher income tax rates.
SECP Proposes to Raise Micro, SME Loans Limit
Notably, the Securities and Exchange Commission of Pakistan has proposed raising the loan limit for microenterprises and housing loans to Rs.
Cement Prices in Northern Region Rise Sharply
Cement rates in Pakistan's North region have climbed by Rs.
AI Giants Need $6 Trillion Revenue to Justify Data Centers
Notably, the global artificial intelligence industry will need to generate regarding $6 trillion in annual revenue by 2031 to justify the capital being invested…