ISLAMABAD: The government is actively exploring two options to amend the offshore fiscal regime, aiming to revitalise interest in offshore drilling through tax holidays and strategic investment from friendly nations. Previously, Pakistan attempted offshore drilling in collaboration with US energy giant ExxonMobil, following a nine-year hiatus. However, the venture was unsuccessful, with conspiracy theories blaming […]
KARACHI: Pakistan Stock Exchange (PSX) dropped over 200 points owing to profit-taking in selected shares on Monday amid economic uncertainty and worries over the outcome of regulatory oversight of stock trading. In the morning, the KSE-100 index opened on a positive note, reaching its intra-day high of 79,014.68 points. However, the early gains proved short-lived […]
Listen to article England’s legendary pacer James Anderson has shared who he considers as the greatest finisher in white-ball cricket. Heaped praise on India’s Virat Kohli, Anderson highlighted the star batter’s exceptional record when it comes to chasing down targets, noting that his performances in such situations are unparalleled. “I do not know if there is been […]
KARACHI: As the earnings season nears its end, the Pakistan Stock Exchange (PSX) faced a marginal decline on Tuesday amid reports that the International Monetary Fund (IMF) board meeting agenda did not feature approval of a $7 billion loan for Pakistan and uncertainty over securing $3-5 billion in external financing. The trading day started on […]
The Palestinian Islamist group Hamas said on Wednesday it would not take part in a new round of Gaza ceasefire talks slated for Thursday in Qatar, dimming hopes for a negotiated truce that Iranian sources say could hold back an Iranian attack on Israel. The US has said it expects indirect talks to go ahead as […]