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217 stories matching “ED” · Clear
Thai baht/US dollar little changed on Thursday
BANGKOK: The Thai baht was steady against the US dollar on Thursday. At 0214 GMT, the baht was 0.08% higher at 33.60 versus the dollar, after trading in a range of 33.610 to 33.660.
Business RecorderIndia's central bank likely intervened near open to support rupee, traders say
MUMBAI: The Reserve Bank of India likely sold dollars near the market open on Thursday to support the rupee, four traders said, with the currency within striking distance of its all-time low.
Business Recorder
Imported Almonds to Get More Expensive in Pakistan
The Federal Board of Revenue (FBR) has raised the customs value of imported shelled almonds to $3.81 per kilogram and
ProPakistaniIndian shares poised for muted start, TCS kicks off earnings season
Indian shares were likely to open slightly lower on Thursday , extending losses from the previous session after the central bank delivered a hawkish rate hike, while rising oil prices added to…
Business RecorderRs11.56m fines imposed for overcharging, hoarding
LAHORE: The Punjab Food Safety and Consumer Protection Department and its price control magistrates conducted 433,511 inspections across Punjab during the last one week in a bid to nab the…
Business RecorderMariam Kayani made adviser to IMF ED
ISLAMABAD: The government on Wednesday appointed Mariam Kayani, a BPS-20 officer of Pakistan Administrative Service (PAS), as adviser to the executive director (ED) of the International Monetary…
Business RecorderUnrecovered VAT can push input cost up by 8.9pc: IMF study
ISLAMABAD: The International Monetary Fund (IMF) has highlighted significant distortions in tax systems that affect key economic decisions, noting that unrecovered value-added tax (VAT) can raise…
Business RecorderFBR imposes new conditions on units seeking tax credit
ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday imposed new conditions and restrictions on units intended to claim tax credit for integration with the Board’s systems, according to a…
Business RecorderPower sector: Govt has moved to overhaul regulatory regime: Aurangzeb
ISLAMABAD: The government has moved to overhaul the power sector regulatory regime amid growing solarisation, falling grid demand and mounting legacy capacity obligations, with Finance Minister…
Business RecorderCotton output target for Kharif missed
ISLAMABAD: The country has missed the cotton production target for the Kharif 2026-27 season, as the estimated production of the commodity is 6.7 million bales from an area of 1.75 million hectares…
Business RecorderEconomic boost: Construction sector should evolve beyond domestic needs: Ahsan
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal on Wednesday called for stronger public-private cooperation to boost the economy, stressing that the…
Business RecorderFESCO region: Electricity conservation campaign launched
FAISALABAD: On the special directives of Chief Executive Officer (CEO) Faisalabad Electric Supply Company (FESCO) Engr Muhammad Aamer a comprehensive electricity conservation campaign has been…
Business RecorderRetailers must not be allowed to evade taxes
EDITORIAL: The Federal Board of Revenue’s (FBR’s) decision to begin nationwide mapping of markets and individual shops is a logical next step after the poor response to the government’s Asaan Tax…
Business RecorderCopper slips on firmer dollar, supported by supply worries
LONDON: Copper prices edged lower on Wednesday, undermined by a stronger dollar, but losses were modest due to firm demand and concerns about possible mine disruptions.
Business RecorderAurangzeb urges microfinance sector to shift to cashflow-based lending
Finance Minister Muhammad Aurangzeb on Wednesday urged the microfinance sector to shift towards cashflow-based lending and make greater use of alternative data and digital credit scoring to expand…
Business RecorderML-1 should be financed partly through commercialisation of railway land, says PM
Prime Minister Muhammad Shehbaz construction of Main Line-1 (ML-1) should be undertaken on a commercial basis by utilising the identified lands worth billions of rupees of Pakistan Railways.
Business Recorder
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