Cotton stocks at ‘lowest ebb’ ahead of ginning season
LAHORE: The cotton sector is facing an unprecedented supply crisis as stocks in the country have reportedly fallen below 10,000 bales before the start of the new ginning season, raising…
Trump rejects ‘unacceptable’ Iranian terms for ending war
• Iran conveyed response via Pakistani mediators• Officials say Tehran wants to focus on ending hostilities, leaving ‘contentious’ matters like sanctions relief, N-issues for later• Pezeshkian says dialogue ‘does not…
Budget may include income tax relief amid salary, pension freeze
ISLAMABAD: The government is considering reducing the income tax burden on salaried individuals while refraining from increasing salaries and pensions in the upcoming budget, aiming to provide equitable fiscal relief…
China, US to hold trade talks in South Korea next week
BEIJING: Senior Chinese and US officials will hold talks in South Korea next week, Beijing’s commerce ministry and Washington’s Treasury secretary said Sunday, ahead of an expected summit between leaders…
Modi urges reduced fuel use amid Middle East war disruption
BENGALURU, (India): Prime Minister Narendra Modi on Sunday urged the people of India to cut down on petrol and diesel consumption amid supply disruptions due to the Middle East war.…
BMP slams govt’s move for Rs230bn new taxes in budget
LAHORE: Pakistan’s leading business federation has pushed back sharply against the government’s reported plan to introduce Rs 230 billion in new taxes under the upcoming IMF-linked federal budget, warning the…
Interview with Muhammad Aftab Alam, Chief Business Officer — Khushhali Microfinance Bank Limited (KMBL)
‘Growth must empower the borrower’ Muhammad Aftab Alam is Chief Business Officer at Khushhali Microfinance Bank Limited. He is a seasoned retail banking and microfinance professional with over 20 years…
High-level Chinese team to visit FPCCI today
KARACHI: A high-level Chinese business delegation comprising over 50 members will visit Federation of Pakistan Chamber of Commerce and Industry (FPCCI) today (Monday) for B2B meeting with Pakistani entrepreneurs. Chinese…
Starmer says his govt is a 10-year project despite calls to quit
LONDON: British Prime Minister Keir Starmer vowed to fight on, describing his government as a “10-year project” despite mounting calls for him to quit after his party’s drubbing in local…
Israeli forces operated from Iraq’s desert during the war
BAGHDAD: Israeli forces established a makeshift base using an old airstrip in Iraq’s desert during the war against Iran, two security officials told AFP on Sunday, confirming a report by…