Facing continued losses, provincialisation of DISCOs issue to go to caretaker cabinet
The companies have suffered Aggregate Technical & Commercial Losses of more than Rs292bnÂ
FATF grey-listing does not affect Pakistan’s ability to borrow: IMF deputy director
The grey-listing of Pakistan by the global watchdog Financial Action Task Force (FATF) has no direct consequences for its ability to borrow from the...
Budget 2019-20: Salaried class to pay more taxes under PTI govt
Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.
Investors dumping China load up on other emerging markets
Global investors are increasingly choosing to bypass China's markets in favour of other emerging countries that are either gaining from the geopolitical and growth...
Exclusive: Indian firm used toxic industrial-grade ingredient in syrup – sources
The Indian manufacturer of cough syrups that Uzbekistan said last year had poisoned 19 children used a toxic industrial-grade ingredient rather than the legitimate...
PSX roars: The mechanics behind Monday’s Bull-runÂ
Trading halted due to abnormal activity within 10 minutes of the opening of the markets on a day that marked the highest ever single day increase for the exchange. Â
Election 2018: Political parties release specific plans for CPEC
ISLAMABAD: With the General Election 2018 around the corner, almost all major political parties have come up with their respective election manifestos featuring their...
Govt’s negligence leading to lower exports: FPCCI
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed grave concern over the declining trend in exports, which have posted...
Higher food prices contribute to weekly inflation of 29%
ISLAMABAD: According to the Pakistan Bureau of Statistics (PBS), the inflation measured by the Sensitive Price Indicator (SPI) increased by 0.33 percent for the...
Argentina to pay for Chinese imports in yuan rather than dollars
Argentina will start to pay for Chinese imports in yuan rather than dollars, the government announced Wednesday, a measure that aims to relieve the...
Steel industry cries foul against unregulated manufacturers in former FATA/PATA
Earlier, an industry association had claimed that steel manufacturers in the erstwhile tribal regions have evaded taxes worth more than Rs 150bn.Â
Current expenditures cross annual budgeted estimation within nine months
ISLAMABAD: Despite revising the revenue targets, conducting austerity drives and not providing funds for provincial elections, the federal government's current expenditures have crossed the...
Staff level agreement with IMF still awaited
IMF looks forward to obtain necessary financing assurances to pave way for completion of 9th EFF review
Confused sentiments at PSX as index drops 1.4pc in week
The benchmark KSE-100 index closed on the last trading day of the week at 41,388.88 points, with an increase of +21.5 (+0.05 per cent)...
Audit team unlikely to submit report on tobacco MNCs before PAC on 23 May
ISLAMABAD: The Auditor General of Pakistan (AGP) is not likely to conclude the special audit of international tobacco companies operating in the country within...
