Beyond Today, Into Tomorrow
ISLAMABAD: The Pakistan Institute of Development Economics (PIDE) has urged the central bank to keep the policy rate unchanged at 10.5% ahead of the upcoming monetary policy meeting. According to Beyond Time News, PIDE believes there is no immediate need to raise or cut interest rates at this stage. No Urgent Need for Rate Change…
ISLAMABAD: The government has announced a major relief package to ease financial pressure on exporters affected by recent shipping disruptions. According to Beyond Time News, Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry confirmed storage charge waivers at Karachi Port Trust (KPT) terminals. Authorities introduced waivers ranging from 25% to 50% after discussions with…
ISLAMABAD: The International Monetary Fund (IMF) will meet its executive board on May 8 to decide on releasing over $1.2 billion for Pakistan. According to Beyond Time News, the funds fall under two programmes: the $7 billion Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF). Pakistan has already qualified for about $1…
Pakistan’s energy future and long-term economic stability could see major improvement through strategic investment in the Iran–Pakistan gas pipeline and rare earth minerals, experts have said. According to Beyond Time News, Federal Tax Ombudsman (FTO) Coordinator Saif Ur Rehman highlighted these two sectors as key drivers of sustainable growth while speaking to an exporters’ delegation…
The President of the Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has welcomed recent government efforts to boost tourism and strengthen the hospitality sector. He described the initiative as a positive step toward improving Islamabad’s global image and supporting economic growth. Tourism and hospitality get a boost In a statement issued on…
Rising energy costs and global uncertainty squeeze corporate earnings U.S. consumer goods giant Procter & Gamble has warned of a significant financial impact in fiscal 2027, as higher oil prices continue to drive up global costs. According to Beyond Time News, the company expects around a $1 billion post-tax hit to profits due to rising…
A step toward stronger Pakistan-China economic ties President Asif Ali Zardari highlighted the need for deeper industrial cooperation and technology partnerships during his ongoing visit to China, according to Beyond Time News. His visit focuses on boosting economic collaboration and exploring modern solutions for Pakistan’s development. Visit to Leading Chinese Industry During his trip, President…
Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman has reiterated that promoting eco-friendly transport is a key priority for the provincial government, according to Beyond Time News. He made the remarks while attending a hybrid vehicle launch event in Lahore on Saturday. Shift Toward Electric and Hybrid Vehicles The minister said Punjab is encouraging the use of…
India’s Axis Bank reported weaker-than-expected quarterly earnings after a sharp drop in trading income, even as it approved a major capital-raising plan worth about $2.12 billion. According to Beyond Time News, the bank’s board cleared a fundraising proposal of up to 200 billion rupees through equity shares or similar instruments, pending regulatory approval. Profit Declines…
Sometimes public pressure works — and this is one of those times. After weeks of growing anger over what people widely called a “tax on sunlight,” the Power Division has formally asked Nepra to eliminate the licence fee and drop the licence requirement altogether for solar users with systems of 25 kilowatts or below. According…
