Business
Gold prices rise by Rs600 per tola
On Wednesday, the price of 24 karat gold per tola increased by Rs600, reaching Rs245,600 compared to Rs245,000 on the previous trading day. Similarly, the price of 10 grams of 24 karat gold rose by Rs514 to Rs210,562 from Rs210,048. The price of 10 grams of 22 karat gold also increased to Rs193,016 from Rs192,544,…
UK economy expands in May, boosts new government
London: Britain’s economy exceeded expectations with stronger-than-expected growth in May, according to official data released Thursday, providing an early boost to the newly-elected Labour government. The Office for National Statistics reported a 0.4 percent increase in gross domestic product (GDP) for May, following flat GDP growth in April. Analysts had anticipated growth of 0.2 percent…
Pakistan agrees to impose tax on agriculture
Islamabad, July 11, 2024: During negotiations with the International Monetary Fund (IMF), Pakistan has agreed to impose a tax on agricultural income. Officials from the International Monetary Fund (IMF) held virtual negotiations with provincial officials of Pakistan regarding the new loan program. Sources indicated that the IMF urged provincial authorities to impose a tax on…
Good news for applicants waiting for their passports
Islamabad, July 11, 2024: To tackle the current passport crisis, the federal government has decided to procure additional passport printing machines. The Deputy General (DG) of Passports and Immigration has prepared a requisition and submitted it to the Ministry of Interior. According to the authorities, the plan includes procuring a total of six desktops and…
Pakistan airports to get e-gates for immigration
Islamabad, July 10, 2024: The Pakistan Civil Aviation Authority (PCAA) has announced its plans to install e-gates at various airports across the country to hasten immigration processing for passengers. In a statement, a spokesperson for the PCAA announced the installation of e-gates at various airports to facilitate faster immigration processing, aligning with international standards. Initially,…