A sign is posted in front of the Electronic Arts headquarters, Redwood City, California, US, January 30, 2024. — AFPVideo game giant Electronic Arts announced Monday it would be acquired by a consortium led by Saudi Arabia’s Public Investment Fund for $55 billion, in…
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Centre seeks provincial share in targeted fuel subsidy amid price surge
A view of people standing in a queue for filling petrol outside a petrol pump in Rawalpindi on January 29, 2023. — OnlineGovt needs Rs300bn to provide targeted subsidy. Sufficient petroleum stocks available till May 10: ministry.Fuel prices to hover around $200 per barrel if…
Govt to fully ‘deregulate sugar sector by June 2026’ under IMF agreement
Granulated white sugar and sugar cubes are seen in this picture illustration taken December 16, 2018. — Reuters
Government to abolish price controls on sugar and sugarcane.Restrictions on setting up new sugar mills to be removed.Zoning restrictions on sugarcane…
Cigarettes without FBR tax stamps to be seized across country
An ashtray filled with cigarette butts is seen on an outdoor smoking stand at a bus stop. — AFP/FileGrade-16 officers can seize untaxed tobacco across Pakistan.New powers include checks at shops, warehouses and vehicles.Pakistan collected record Rs298bn tobacco taxes in 2024.