Business
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Inflation in Pakistan stands at 21.3%, highest in 13 years
ISLAMABAD: Inflation in Pakistan rose to 21.3% in June, the highest since December 2008 when inflation stood at 23.3%. In…
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GST revenue up 56% in June, Finance minister signals 1.4 lakh crore new normal
NEW DELHI: India’s GST collections rose 56%, at their fastest pace in over a year, to nearly Rs 1.45 lakh…
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June fuel sales top 2019 levels by a wide margin
NEW DELHI: Fuel consumption sped past the pre-pandemic levels in June by a wide margin, driven by a surge in…
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Three Future Group companies report payment defaults
NEW DELHI: Three listed entities of debt-ridden Future Group — Future Enterprises, Future Consumer and Future Lifestyle Fashions — on…
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Govt slaps Rs 66,000 crore windfall tax on crude oil production; introduces export levy on petrol, diesel, ATF
NEW DELHI: The government on Friday slapped an export tax on petrol and diesel after some refineries made “phenomenal profits”…
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Govt to review new taxes levied on crude, diesel, ATF every fortnight: Finance minister
NEW DELHI: Finance Minister Nirmala Sitharaman on Friday said the government will review every fortnight the new taxes levied on…
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EU agrees rules to tame ‘Wild West’ crypto market
LONDON: Cryptocurrency companies will need a licence and customer safeguards to issue and sell digital tokens in the European Union…
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Plunging rupee pushes India to raise taxes on gold, oil
NEW DELHI: India tightened exports of oil and imports of gold in an all-out effort to rein in the rupee…
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More pain for rupee likely on India’s trade gap, capital outflow
NEW DELHI: India’s ballooning trade gap and capital outflows are raising new risks for the rupee, just as the currency’s…
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