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Pakistan and world business news from seven outlets, one story per event. Updated 2m ago.
Palm slips over 1% after no duty waiver but still log weekly gain
KUALA LUMPUR: Malaysian palm oil futures slipped more than 1% on Friday, after the government did not announce an expected export duty waiver in its Budget, though the contract still posted its…
Business RecorderIndia rupee posts weekly fall despite rate hike amid adverse flows, weak sentiment
MUMBAI: The Indian rupee ended flat on Friday but declined in a week in which the Reserve Bank of India delivered its first rate hike in nearly four years that did little to help the Asian currency…
Business RecorderIndian shares rise, end longest weekly losing streak in 25 years
Indian shares rose on Friday and snapped their longest weekly losing streak in 25 years, although gains were modest as concerns over tighter monetary policy and elevated crude oil prices tempered…
Business Recorder
FBR proposes expanding tax rules from YouTube to all social media platforms
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed expanding the scope of income tax rules from YouTube to all social media platforms, potentially bringing a wider range of online content…
Business Recorder
FBR Launches New Media Unit to Improve Its Public Image
The Federal Board of Revenue (FBR) has constituted a Media Coordination Unit (MCU) to coordinate, oversee, and implement the tax
ProPakistaniPoland may need rate hike in November, central banker says
WARSAW: Polish central banker Ludwik Kotecki said if inflation projections do not show CPI returning close to 2.5% by the end of 2027 or start of 2028, then a 25-basis-point rate hike would be…
Business Recorder
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