All news from the Business category for the 10 June 2022

Business |2022-06-10 23:45:00
Budget FY23: Taxes on who and what

Finance Minister Miftah Ismail presented the budget for fiscal year 2022-23 (FY23) in the National Assembly on Friday, with Prime Minister Shehbaz Sharif assuring public that the government was......
Business |2022-06-10 16:45:00
Finance Minister Miftah Ismail to present FY23 budget shortly

Finance Minister Miftah Ismail is going to present the budget for fiscal year 2022-23 (FY23) in the National Assembly shortly.This year the budget session is expected to be less chaotic than the last......
Business |2022-06-10 09:25:03
Oil import bill almost doubled in last 10 months of PTI govt

ISLAMABAD: The country’s oil import bill shot to $17.03 billion during the first ten months of fiscal year 2021-22 (fiscal 2022), up 95.9 per cent compared to the $8.69bn recorded for the......
Business |2022-06-10 08:45:06
Political uncertainty weighs PSX down

KARACHI: Even though the benchmark of the Pakistan Stock Exchange (PSX) dropped 5.13 per cent in the first three quarters of 2021-22, it still fared better than the MSCI Emerging Market Index, an......
Business |2022-06-10 08:35:05
Import bill surges on higher global commodity prices

ISLAMABAD: Pakistan’s trade deficit widened 57.85 per cent in 11 months of FY22 to $43.33 billion year-on-year on account of a broad-based surge in global commodity prices, Covid-19 vaccine imports,......
Business |2022-06-10 08:35:00
Agri sector surpasses target, grows 4.4pc; big industry up 10.4pc

ISLAMABAD: The country’s agriculture sector recorded a remarkable growth of 4.4 per cent during the outgoing fiscal year, surpassing the target of 3.5pc and last year’s growth of 3.48pc, while during......
Business |2022-06-10 08:25:04
No relief for consumers expected in budget

KARACHI: With consumers already bearing the brunt of food inflation, market observers do not expect a significant price reduction in the federal budget for fiscal year 2022-23 (FY23) to be announced......