Pakistan tightens tax net on SEZs in IMF-driven shakeup

Pakistan, June 17 -- The Pakistani government has decided to stop giving tax exemptions to new Special Economic Zones (SEZs). This step is part of ongoing reforms under the International Monetary Fund... Read More

Govt to pass rising oil costs to consumers, keeps petroleum Levy unchanged

Pakistan, June 17 -- The government has decided not to increase the Petroleum Development Levy (PDL) despite rising oil prices caused by tensions in the Middle East. Instead, the extra cost will be pa... Read More

ASSOCHAM Indian Economic Confidence Survey 2025 presents cautiously optimistic outlook

Mumbai, June 17 -- The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has released its Indian Economic Confidence Survey for FY25, offering a comprehensive analysis of India's evolvi... Read More

Pakistan's economy must escape the clutches of its armed forces

New Delhi, June 17 -- We'll eat grass but will get our own bomb." This vow made by Pakistani prime minister Zulfikar Ali Bhutto wasn't just rhetoric; it became his nation's strategy. Five decades late... Read More

In Tears and Silence, Captain Sumeet Sabharwal's Father Gives Final Tribute to His Son

Goa, June 17 -- A profound silence enveloped Jal Vayu Vihar in Powai, Mumbai, as the body of Captain Sumeet Sabharwal returned home on Tuesday morning. The Air India pilot, who perished in last week's... Read More

IMF to evaluate Sri Lanka's fourth review on July 01 - Dr. Gopinath

Sri Lanka, June 17 -- The International Monetary Fund's Executive Board is scheduled to evaluate Sri Lanka's fourth review under the Extended Fund Facility (EFF) on July 01, IMF's First Deputy Managin... Read More

SBP sets Rs2.4 trillion profit target for FY25, confident on growth despite challenges

Pakistan, June 17 -- The State Bank of Pakistan (SBP) aims to achieve a profit of Rs2.4 trillion for the fiscal year ending June 2025. Governor Jameel Ahmad confirmed that the bank is on track to meet... Read More

FDI To Developing Economies At 20-Year Low, World Bank Calls For Urgent Reforms

New Delhi, June 17 -- The World Bank issued a call for developing economies to reduce foreign direct investment restrictions and strengthen international cooperation as global FDI flows reached their ... Read More

Aurobindo Pharma, Lupin to Natco Pharma: Why is Nifty Pharma Index nosediving today? EXPLAINED

New Delhi, June 17 -- Indian pharmaceutical stocks tumbled sharply on Tuesday, June 17, after US President Donald Trump warned that tariffs on pharmaceutical imports would be imposed "very soon." The ... Read More

After latest rate cut, SBI offers these interest rates on fixed deposits & savings account

New Delhi, June 17 -- SBI rate cut: After the latest RBI rate cut on June 6 after which the benchmark interest rate was slashed by 50 basis points to 5.5 percent, most banks revised their interest rat... Read More

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