PM orders early revival of Pakistan Steel Mills

'Destruction of a profit-making entity is the manifestation of maladministration on part of previous govts' ISLAMABAD: Prime Minister Imran Khan on Monday directed...

Stocks continue to lose ground, index closes 485 points lower

KARACHI: It was just another dull start to the trading week at Pakistan Stock Exchange (PSX) where indices dropped, volumes narrowed and trading...

Import of agricultural machinery surges 8.73pc in FY19

ISLAMABAD: The import of agricultural machinery into the country during the financial year 2018-19 witnessed an increase of 8.73pc, as compared the corresponding...

China’s yuan breaks below 7 to the dollar, an 11-year low

LONDON: China let its yuan weaken below 7 to the dollar on Monday, an 11-year low, as the escalation in the US-China trade...

Xinjiang sees growing trade with Pakistan: Officials

URUMQI: Northwest China's Xinjiang Uygur autonomous region has seen $15.56 billion of imports and exports to member states of the Shanghai Cooperation...

Date to avail concession on token tax extended

RAWALPINDI: The Excise and Taxation Department has extended the date to avail 10 per cent concession rate of token tax announced by...

Govt prepares draft e-commerce policy framework to promote online business

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has prepared a draft e-commerce policy framework to pave way for holistic growth of e-commerce in...

Audit unearths corruption worth billions in NHA projects

ISLAMABAD: A special audit conducted by the Auditor General of Pakistan (AGP) has unearthed corruption worth billions of rupees in the National...

Govt six-member constitutes committee to probe benami properties

ISLAMABAD: The government has constituted a high-powered Benami Information Processing Committee ostensibly to identify and take swift action against benami asset holders, it...

Traders reject draft of fixed tax regime

APAT official terms FBR's fixed tax scheme 'a joke', says department cannot impose taxes on the basis of an outlet's 'area' LAHORE:...

Export of artificial jewellery plunges 16.8pc in FY19

ISLAMABAD: The exports of artificial jewellery from the country witnessed a decrease of 16.86pc during the financial year 2018-19, as compared to the...

Trump defends stance on China trade after new tariffs

WASHINGTON: US President Donald Trump said on Saturday that things are going well with China, insisting US consumers are not paying for...

Facebook partners with WCCI-Lahore to facilitate women entrepreneurs

#SheMeansBusiness programme will provide women entrepreneurs with the tools, training and resources that can help them secure funding and grow their...

Cutlery exports surge 1.73pc to $91.3m

ISLAMABAD: The cutlery exports from the country witnessed an increase of 1.73pc during the financial year 2018-19, as compared to the corresponding period...

Major discrepancies between FBR and SBP in tax receipts

Major discrepancies ranging between Rs10-24 billion have been found in the tax receipts data reported by the Federal Board of Revenue (FBR)...