FACTFLOW

Business

Fitch affirms Pakistan’s debt ratings at ‘B-’

<p>ISLAMABAD: Fitch Ratings, one of the world’s top three agencies, on Wednesday affirmed Pakistan’s long-term debt ratings at ‘B-’ (B-negative), which it had<a href="https://www.dawn.com/news/1904417"> upgraded</a> in April last year, and assigned a

Business

FBR flags tax evasion in Sindh solar imports

<p>• Report highlights trade-based money laundering in solar kit imports<br /> • Senate panel fumes over absence of economic minister, provincial secretaries</p> <p>ISLAMABAD: Another episode of massive under-invoicing for tax evasion and trade-base

Business

Gold hits record Rs506,362 per tola

<p>KARACHI: A whopping jump of $127 per ounce in the international market to $4,840 per ounce pushed the domestic gold (24 karat) rate to Rs506,362 per tola on Wednesday, the highest in the country’s history, after an increase of Rs12,700 per tola fr

Business

T-bill yields cut to single digits after four years

<p>KARACHI: The government on Wednesday reduced the cut-off yields on treasury bills by up to 31 basis points, bringing the yields for most tenors below 10 per cent for the first time in over four years.</p> <p>The yields on three-month and six-month

Business

Scheme for electric vehicles launched

<p>ISLAMABAD: The government has launched a scheme to promote electric vehicle mobility across the country.</p> <p>The Pakistan Accel­erated Vehicle Elect­rification (PAVE) scheme aims to accelerate the country’s transition tow­ards clean, affordabl

Business

Taxes, power tariffs to be cut soon: Haroon

<p>ISLAMABAD: Special Assistant to the Prime Minister Haroon Akhtar Khan on Wednesday said the government was planning to reduce taxes on industries and that the electricity tariff would be lowered soon.</p> <p>Addressing a news conference, Mr Khan

Business

Foreign loan inflows surge by a quarter

<p>ISLAMABAD: Foreign assistance inflows to Pakistan increased by more than 25 per cent to $4.5 billion in July-December 2025-26, mainly on the back of programme support of the International Monetary Fund (IMF).</p> <p>The total inflows (excluding IM

World

Trump says 'framework of a future deal' discussed on Greenland as he backs off tariffs threat

At Davos, the US president said he would not use force to take the island and later floated a possible "forever" deal.

World

Ex-intelligence officer in Austria's biggest spy trial for years

Egisto Ott, 63, denies charges of handing over information to Russian agents.

World

Trump says 'framework of a future deal' reached on Greenland as he drops tariffs threat

At Davos, the US president said he would not use force to take the island and later floated a possible "forever" deal.

World

Trump drops tariffs threat over Greenland after Nato talks

In a speech in Davos, the US president said that he would not use force to take the island.

World

Ghislaine Maxwell to testify before US Congress in Epstein probe

The convicted sex trafficker has previously said she would decline to answer questions unless she is granted immunity.

World

Trump's jibes are wearing thin for many of Europe's leaders

The ball is in the court of European leaders ahead of Thursday's emergency EU meeting in Brussels, writes Nick Beake.

World

Faisal Islam: What it was like inside the room with Donald Trump at Davos

Faisal Islam said there was mixed reaction in the room during Trump's Davos speech.

World

Oldest cave painting of red claw hand could rewrite human creativity timeline

A stencilled outline of a hand found on the Indonesian island of Sulawesi is the world's oldest known cave painting, researchers say.