Finance Minister Muhammad Aurangzeb says Pakistan’s economy demonstrated resilience with GDP growth rate recorded at 3.7 percent during the current financial year despite internal and external challenges. Launching the Economic Survey 2025-26 in Islamabad today, he presented a comprehensive overview of the country’s economic performance during the outgoing fiscal year. He was accompanied by Minister…
Stock markets closed the day in the red on Tuesday, largely paring afternoon losses as President Trump vowed to retaliate against Iran for the downing of a U.S. military helicopter over the Strait of Hormuz, the Israeli military struck southern Lebanon and investors renewed selling of semiconductor shares. Oil prices, which had fallen sharply earlier…
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Hailing India’s 7.7% GDP growth in FY26, Prime Minister Narendra Modi on Friday said the expansion reflected the “inherent strength” of the economy, the “success of reforms” and the “hard work of 140 crore Indians”.“India’s growth momentum remains strong! GDP growth rate of 7.7% in FY 2025-26 and 7.8% in Q4 of FY 2025-26 reflect…
It comes after the US Supreme Court struck down many of US President Donald Trump’s previous duties in February. Source link
A mid-level and high-earner now pay same top rate; ambition being taxed out of formal economy KARACHI: Here is a policy question worth asking before the next budget: if a worker today earns exactly what it takes to live the way someone on Rs100,000 a month lived in 2021, why are they being taxed as…
Read More “90% inflation trap that resets no tax bracket | The Express Tribune” »
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Read More “Shop numbers return to growth after years of decline, say experts” »
US Secretary of State Marco Rubio emphasised Washington’s intent to prevent geopolitical disruptions from distorting global energy markets, as tensions linked to the Iran conflict continue to affect oil supply routes and pricing dynamics.During discussions on energy security, Rubio’s office, quoted by Reuters, stressed that the US sees energy exports as a key instrument in…
The airline has seen no problems with fuel, but says people are booking later because of uncertainty caused by the Iran war. Source link
Index drops 2.29% amid global risk-off sentiment, with heavy pressure across banking, energy and industrial sectors The Pakistan Stock Exchange (PSX) came under severe selling pressure on Monday, tracking a broader global market decline as fears of rising inflation intensified amid a deepening global oil crisis. The downturn was triggered by stalled US-Iran negotiations, which…
