FBR misses target by Rs864b

A policeman walks past the Federal Board of Revenue (FBR) office building in Islamabad on August 29, 2018. Photo: REUTERS ISLAMABAD: The Federal Board of Revenue (FBR) has missed its target by a wide margin of Rs864 billion, as the government’s tax plan for the new budget may largely revolve around tweaking rates that can…

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Asia-Pacific outlook dims as Middle East tensions fuel inflation, warns UN

Growth in Asia-Pacific developing economies slows to 4.6% in 2025, projected at 4% in 2026 Activists hold a silent protest against the draft agreement, during the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan November 22, 2024. PHOTO: REUTERS Despite mounting global headwinds, Asia-Pacific developing economies’ growth is projected to slow to 4.0% in…

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Nepali climbers begin Everest season

KATHMANDU: A team of Nepali climbers reached the summit of Mount Everest on Wednesday, opening the route for hundreds of mountaineers expected to attempt the world’s highest peak in the coming weeks. At least 12 members of a rope-fixing team made the ascent, marking the traditional start of the spring climbing window, expedition organisers said….

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Pakistan ranks 16th in global talent index

Scores 97/100 for cost competitiveness but only 30/100 for infrastructure, creating 67-point gap KARACHI: Pakistan has risen to 16th place in the Global Outsourcing Talent Index 2026, surpassing 177 countries, according to a report by Ataraxis Management. This places the country in the top 8.3% of global digital labour markets and highlights strong performance in…

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Competing narratives define US-Iran talks

Trump denies any pause as Rubio optimistic about deal; Iran says proposal under review WASHINGTON/TEHRAN: The United States and Iran issued sharply divergent accounts of ongoing negotiations over a possible deal on Tuesday, with President Donald Trump insisting talks are continuing “continuously” while Secretary of State Marco Rubio voiced cautious optimism that an agreement could…

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Illegal plasma sale thrives in Lahore

LAHORE: Following a surge in confirmed coronavirus cases and a significant increase in the number of patients recovering, a black market of blood plasma has emerged across the country, particularly in the provincial capital. People are selling blood plasma of the patients who have recovered from coronavirus for tens of thousands of rupees, The Express…

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