Locally-assembled Changan vehicles to roll out in April

Master Motors CEO says the company has built a manufacturing plant in Karachi with a production capacity of 30,000 vehicles per annum ISLAMABAD: Master Motor...

FBR seeks info of account holders having deposits above Rs0.5m

The Federal Board of Revenue (FBR) has acquired from the State Bank of Pakistan (SBP) information about bank account holders having deposits above Rs0.5...

UK’s Sikh community pledges to inject £500m into Pakistan to promote religious tourism

Bukhari discussed religious tourism projects in Pakistan with the representatives of the Sikh community.

Rupee tumbles down to 157 against the dollar, record interbank high

The Pakistani Rupee depreciated to Rs153.75/Rs154 during the early trading hours in the interbank market here on Friday

PTA expects people to pay 1,000pc duty on imported phones

ISLAMABAD: The Pakistan Telecommunication Authority's (PTA) website must be malfunctioning. Because if it is not then the policymakers on top have actually thought that it...

PKR down by another Rs1.4 against USD in interbank market

Pakistani Rupee (PKR) continued to depreciate against US Dollar (USD) in the interbank market on Tuesday, as the currency closed at Rs151.47 per USD,...

Sindh govt approves two mega projects for Karachi

Projects include establishment of ‘Karachi Marble City’ and a state-of-the-art technology park in NED University KARACHI: Sindh government has approved two mega industrial and business...

PTA stopped from taking action against Mobilink, Telenor

ISLAMABAD: The Islamabad High Court (IHC) has stopped Pakistan Telecommunication Authority (PTA) from taking action against two mobile operating companies. The court has also sought a...

The great land theft

If there is a single place that can be thought of as the foremost cathedral to free-market capitalism, it is not the New York...

Mian Mansha brings Hyundai cars back to Pakistan

South Korean carmaker Hyundai Motor Co is expected to resume assembling of cars in Pakistan, according to a statement sent to PSX by Nishat...

Govt decides to withdraw 10pc duty on 1,700cc and above cars

ISLAMABAD: Succumbing to the pressure of local car manufacturers/assemblers, the government is all set to withdraw its decision of imposing 10pc federal excise duty (FED)...

Rupee regains Rs1.87 against greenback in inter-bank trading

But the bank officials firmly believed that SBP had intervened in the inter-bank market and the rupee’s recovery against the dollar was artificial and short-lived

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.

Pakistan Army owns $20 billion stakes in fifty conglomerates claims Indian media report

LAHORE:  The Pakistan army exercises control over fifty conglomerates said to be worth $20 billion stretching from banks, industrial plants, universities, milk dairies, stud farms,...

PM Imran says no to dollar at SCO

PM urges SCO to finalise arrangements for trade in local currencies, set up SCO bank  Says Organisation needs to advance goals of peaceful...

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Pakistan to export cigarettes worth $50m for the first time

ISLAMABAD: Although Pakistan has been exporting tobacco and tobacco products to various countries, now for the first time, the country is going to export...

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