UNDP Reports Pakistan’s Poverty Rate Exceeds That of India and Bangladesh
ISLAMABAD: The United Nations Development Programme (UNDP) has revealed that Pakistan’s poverty rate is currently higher than that of its South Asian neighbors, India...
Business
World Bank Reports Pakistan’s Rising Poverty Amid Economic Challenges
ISLAMABAD: The World Bank projects Pakistan’s economic growth at 3.8% for the current fiscal year, highlighting that the country is home to nearly half...
FBR Introduces Late Tax Return Filing Without Surcharge for Individuals
ISLAMABAD: The Federal Board of Revenue (FBR) has announced new regulations that will permit individuals to file their income tax returns after the due...
FBR Rolls Out AI-Driven Rules for Electronic Tax Scrutiny
ISLAMABAD: The Federal Board of Revenue (FBR) has introduced draft rules to deploy artificial intelligence for the electronic scrutiny of income tax returns, creating...
Pakistan Stock Exchange Surges 2,593 Points as Oil Prices Decline
KARACHI: The Pakistan Stock Exchange (PSX) experienced a significant rebound on Tuesday, with the benchmark KSE-100 Index soaring by 2,592.79 points, or 1.56%, as...
Anthropic CEO Dario Amodei Earns $18 Million in 2022, IPO Filing Reveals
SAN FRANCISCO: Dario Amodei, the CEO of Anthropic, reported earnings of $18 million for the year 2022, according to the company’s recent IPO filing....
Crude Oil Prices Fall Below $100 as Middle East Supply Improves
ISLAMABAD: Crude oil prices have dropped below $100 per barrel, driven by improved supply from the Middle East. This decline comes as global markets...
PSO Reports 28% Profit Decline Despite Increased Gross Earnings in FY2026
ISLAMABAD: Pakistan State Oil (PSO) has reported a significant 28% decline in profit after tax for the fiscal year 2026, despite a rise in...
X Faces Pressure to Reject Turkey’s Demands to Block Financial Accounts
ISLAMABAD: X Corporation is under increasing pressure to reject Turkey’s extensive requests aimed at blocking certain financial accounts linked to its operations. The demands,...
IMF Approves Continuation of Fuel Subsidy for Existing Beneficiaries Only
ISLAMABAD: The International Monetary Fund (IMF) has agreed to extend the Prime Minister’s fuel subsidy for current beneficiaries while prohibiting the inclusion of new...