A person uses a fuel nozzle to fuel up a car at a petrol station in Vienna, Austria. — Reuters/FileIMF framework leaves little fiscal space to cut petroleum levy.Govt collects Rs27.5bn in Carbon Levy during July-August.Govt currently charging Rs80 petroleum levy on petrol, diesel.
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Arif Habib consortium plans to expand PIA fleet to 64 aircraft after Rs135bn takeover
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ADB forecasts Pakistan growth at 3.5%, warns of Middle East risks
An image of the Asia Development Bank’s logo. — Reuters/FileGrowth seen rising to 4.5% next year.Inflation projected at 6.4% this fiscal year.Middle East conflict seen as major external risk.
ISLAMABAD: The Asian Development Bank has forecast Pakistan’s economy to grow by…
Saudi assurance on oil shipments lifts PSX
A stockbroker monitors share prices on a computer at the Pakistan Stock Exchange in Karachi on May 7, 2025. — AFPKSE-100 Index settled at 161,210.67 points, up 5,433.46 points, or 3.49%.Index reached session high of 161,476.84, up 5,699.63 points, or 3.66%.Index recorded a session…