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Inflation makes it difficult for people to buy medicines

ISLAMABAD: Rising inflation in Pakistan has made the people very upset. According to details, the Pakistan Pharmaceutical Manufacturers Association has attributed the increase in the shortage of medicines to sales tax and dollar rate. Qazi Mansoor Dilawar, president of the

Bloodbath at PSX as KSE-100 index plunges 2,055 points

KARACHI: The Pakistan Stock Exchange (PSX) Friday witnessed a bloodbath immediately after Prime Minister Shehbaz Sharif announced “tough decisions” taken by the government in the federal budget for the upcoming fiscal year 2022-23. The benchmark KSE-100 index opened in the

PM Shahbaz Sharif announces 10% super tax on big industries

ISLAMABAD: Prime Minister Shahbaz Sharif on Friday said that the government has decided to impose a 10% super tax on large-scale manufacturers including oil, fertiliser, steel , sugar, automobile and textile. The premier made the announcement after chairing a meeting

SBP-held foreign exchange reserves plummet to $8.24bn

KARACHI: The State Bank of Pakistan (SBP) foreign exchange reserves recorded a declination of $748 million. SBP’s foreign exchange reserves fall by $748 million to $8.2 billion, while the bank’s foreign exchange reserves reached their lowest level since October 25,

PM Shehbaz to review progress on CPEC in Gwadar today

GWADAR: Prime Minister of Pakistan Shehbaz Sharif will arrive in Gwadar today for a one-day official visit to review the progress being made on the China-Pakistan Economic Corridor (CPEC). According to details, Prime Minister Shebaz Sharif will arrive in Gwadar

Senate adopts 27 recommendations on Finance Bill

ISLAMABAD: The Senate on Thursday adopted 27 recommendations related to Finance Bill 2022 and proposed multiple recommendations on the public sector development program. The recommendations on the Finance Bill, 2022 would be forwarded to National Assembly which would decide whether