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Taxes on high-end phones affect only 5% of users, says FBR chairman

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A man checks an iPhone 16 Pro at an Apple store. — Reuters/FilePremiums on latest models reaching Rs150,000.Imported phones taxed under existing regime.Report on the issue due by March before NA.The Federal Board of Revenue has said that taxes on expensive, imported…

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Reko Diq secures over $5.5bn financing commitments from IFIs

The hills near the Reko Diq copper mine in Balochistan. — Reuters/FileOnly most favourable loan terms to be selected from commitments.Reko Diq projected to generate $74bn in free cash flows in 37 years.Officials confident of executing project within original cost of $6.7bn.

Bitcoin OG Whale Deposits 5,252 BTC And Doubles Down With a 2,100 BTC Short
Bitcoin is struggling to reclaim higher levels as selling pressure intensifies and fear continues to dominate market sentiment. After weeks of volatile price action, the market’s recovery attempts are being met with heavy resistance, with BTC still trading below key psychological levels. According to data from Lookonchain, the well-known trader known as the BitcoinOG (1011short) […]