Special Rs50 coins to commemorate the life of Pfau

Special Rs50 coins to commemorate the life of Pfau

The federal cabinet has approved a proposal to issue 50,000 pieces of commemorative 50-rupee coins in honour of the late humanitarian Dr Ruth Pfau. The decision was taken during Wednesday’s cabinet meeting that was chaired by Prime Minister Shahid Khaqan Abbasi. A PM office press release said that the federal cabinet...

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Bitcoin Baby Steps – A Guide to help you enter Bitcoin World

Bitcoin Baby Steps – A Guide to help you enter Bitcoin World

Welcome to the world of bitcoin! Lately there are enough people who ask me for bitcoin. Two years ago I was taken as a joke by most of the people I know and most of the negative comments I received came from ignorance. Today I notice that there is a more mature...

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Paradise Papers: the tax havens of the ultra-rich uncovered

Paradise Papers: the tax havens of the ultra-rich uncovered

An immense new leak of financial documents has revealed how the ultra-rich, including the private patrimony of Queen Elizabeth II, secretly invest vast amounts of money in offshore financial centers, the so-called “tax havens”. The secretary of commerce of Donald Trump appears as a shareholder of a firm that does...

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Bitcoin blasts to new all-time high of $6,450

Bitcoin blasts to new all-time high of $6,450

Bitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could enter the financial mainstream after the world’s largest derivatives exchange operator said on Tuesday it would launch bitcoin futures. CME Group said it would provide a regulated trading venue for the cryptocurrency market...

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Petrol prices increased all across Pakistan by Rs. 2.50

Petrol prices increased all across Pakistan by Rs. 2.50

ISLAMABAD: The government on Tuesday increased prices of all petroleum products by up to 11 per cent with immediate effect for the month of November. The increase was approved by Prime Minister Shahid Khaqan Abbasi who also put an end to the role of the ministry of finance in petroleum...

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Rupee is stable against dollar

Rupee is stable against dollar

Commencing the week on a stable note in the early sessions, the rupee witnessed some corrections against the dollar in the week’s closing sessions. However, it remained largely range-bound on the interbank market due to sluggish dollar demand. On the interbank market, the rupee last week mostly traded range-bound against...

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Five Charts of Economic Growth that matter: Expert Advice

Five Charts of Economic Growth that matter: Expert Advice

This article was originally posted at BBC – Economics   Most economists predict the Office for National Statistics will announce on Wednesday that the UK economy expanded by about 0.3% in the third quarter of the year. Such a modest figure will do little to change our relatively lowly position...

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Withholding taxes should meet the target: FBR

Withholding taxes should meet the target: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) was able to collect just 7.6% of its total revenue on account of direct taxes while the rest was generated by imposing indirect and withholding taxes, exposing shallowness of the country’s tax system. The startling figures speak volumes about the inefficiency of the FBR...

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FINANCE NEWS YOU NEED TO KNOW TODAY

FINANCE NEWS YOU NEED TO KNOW TODAY

Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which.

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