The prices of the factory portal in China decreased at the fastest pace in six months in April, while consumers decreased for a third month in a row, enhancing fears of weak domestic demand and high pressure on additional economic stimulation. The data issued by the National Bureau of Statistics showed that the PPI price … Read more
Pakistan recorded a financial deficit of 2.4 % of GDP – which reaches 2.97 trillion rupees – during the first nine months of the fiscal year 2024-25 (July 2024 to March 2025), as indicated at Topine Securities. This represents an improvement in the 3.7 % deficit registered during the same period last year. For January … Read more
Despite the prominent transformation plan, the Federal Revenue Council (FBR) faces an increase in management complaints, which increased by 550 % in the first four months of 2025, according to it. News. Between January and April, the Federal Tax Secretary (FTO) received 13,000 complaints, with a sharp increase from 2000 during the same period in … Read more
Peshawar: KPRA, KPRA, collected 41.9 billion rupees in the first ten months of the fiscal year 2024-25, which represents an increase of 40 % compared to the same period last year. This increase reflects a significant increase of 12 billion rupees over the amount of 29.9 billion rupees that were collected during July to April … Read more
Karachi: The HBL Information Manager Index (Pakistan (collected by the S& Pl Global) fell to 51.9 in April from 52.7 last month, which represents the lowest reading in seven months. The Manager Participation Index is a vital aspirational measure for the general health measurement of the wider economy. The survey covers different ingredients including new … Read more
Karachi: Cnergyico Pk Limited (PSX: Cnergy) recorded a net loss of 1.76 billion rupees for the nine months ending March 31, 2025, which is nearly twice the loss of 885.88 million rupees, which was reported in the same period last year, despite a sharp increase in the revenue of the higher line. According to the … Read more
Foreign currency reserves in India increased for a seventh week in a row, reaching the highest level in six months of 686.15 billion dollars as of April 18, according to the central bank data issued on Friday. Reserves rose by $ 8.3 billion during the amount of the amount, after a cumulative increase of $ … Read more
The authority to judge Benami (BAA), which is part of the Federal Revenue Council (FBR), was inactive during the past 11 months, with appointments stopped in the main positions of undesirable reasons, News I mentioned, quoting sources. The Benami Law, which was presented in 2017 to target illegal wealth and the assets held under fake … Read more
Pakistan has witnessed an increase in imports of edible oils during the first three quarters of the current fiscal year, as soy oil imports increased by 116.37 % and palm oil rose by 23.42 %, compared to the same period last year, according to the data of the Pakistani Statistics Office. From July to March … Read more
Islamabad: Crude food exports in Pakistan increased by 1.62 % to 5.75 billion dollars during the first nine months of the current fiscal year, compared to $ 4.66 billion in the same period last year. This increase was primarily driven by higher charges of sugar and basmati rice, despite the challenges of continuous food inflation … Read more