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Positive Surge in PSX Benchmark Index: On Thursday, the Pakistan Stock Exchange’s benchmark KSE-100 index made a significant breakthrough, surpassing the 47,000 level for the first time since November 2021. The index achieved an intraday peak of 47,393.47 points, eventually settling at 47,076.99 points after a gain of 394.47 points. This surge indicates a growing confidence in the country’s economic …

Enhancing Tax to GDP Ratio: The Executive Committee of the National Economic Council (ECNEC) recently approved the “Investment Project Financing” (IPF) component of the “Pakistan Raises Revenue Project” to enhance the country’s tax to GDP ratio. Valued at Rs. 21.518 billion, with a $80 million World Bank loan, the IPF component aims to reduce tax expenditure, broaden the tax base, …

User Growth Trend: Facebook recently announced its second quarter results, revealing a remarkable milestone of surpassing three billion active users worldwide by June 30. This marks a significant 6% increase from the previous year and demonstrates four consecutive quarters of user growth. The surge in user numbers is a testament to the platform’s ongoing popularity and global reach. Market Saturation …