Fuel levy yields lowest fiscal deficit in nearly three decades
• Gap shrinks to Rs856bn, or 0.7pc of GDP, during July-March• Provincial surpluses, higher PDL collections, lower debt servicing drive improvement• Revenue-to-GDP ratio falls; defence, pension, subsidy expenditures rise ISLAMABAD:…
Trump due in China today
BEIJING: Donald Trump was due in Beijing Wednesday on the first visit to China by a US president in nearly a decade, as he seeks to ramp up trade despite…
Shariah Governance Regulations: SECP proposes major changes
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed major changes in the Shariah Governance Regulations, 2023, to facilitate Shariah-compliant companies. In this regard, the SECP has issued…
APTMA urges Punjab govt to withdraw PIDC Bill 2026
ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has urged the Punjab government to withdraw the Punjab Infrastructure Development Cess (Amendment) Bill 2026, calling for a complete review of the…
Customs values of solar panels increased
ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has increased the customs values of solar panels imported from all origins by 20 to 30 percent. In this regard, a valuation…
Artistic Denim Mills Limited
Artistic Denim Mills Limited (PSX: ADMM) was incorporated in Pakistan in 1992. The principal activity of the company is the manufacturing and sale of rope dyed denim fabrics, yarn and…
23 people dead, dozens injured in wave of KP terrorist attacks
ISLAMABAD: A wave of terrorist attacks across Khyber Pakhtunkhwa over the last 48 hours has left at least 23 people dead and dozens injured, with the deadliest incidents reported from…
CCP approves United Ethanol’s acquisition of shareholding in PCRCL
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved United Ethanol Industries Limited’s acquisition of shareholding in Pakistan Corporate Restructuring Company Limited (PCRCL), in a move seen as supporting investment…
PAIB Committee of ICAP holds moot: Strategic leadership role of CFOs in focus
KARACHI: The Professional Accountants in Business (PAIB) Committee of the Institute of Chartered Accountants of Pakistan (ICAP) on Tuesday held the ICAP CFO Conference 2026 here, themed “The New Playbook…
Oil settles higher
NEW YORK: Oil prices settled higher for the third consecutive session on Tuesday as stark differences between the US and Iran over a proposal to end the war in the…