Tauseef H. Farooqi appointed as NEPRA chairman

The government on Wednesday appointed Tauseef H Farooqi as Chairman of the National Electric Power Regulatory Authority (NEPRA) for a term of...

IFC to invest $2.5m to support tech startups in Pakistan

ISLAMABAD: The International Finance Corporation (IFC), a member of the World Bank Group, will invest $2.5 million in Sarmayacar, one of the first...

PM calls for revamp of Utility Stores Corporation

A delegation of the Utility Stores Corporation called on Prime Minister Imran Khan on Wednesday, according to a media report. The meeting underscored...

FBR seeks income details of Karachi doctors

The Federal Board of Revenue (FBR) has issued notices to renowned medical centres across Karachi, seeking income details of physicians and surgeons. According...

IESCO officials allegedly rob power consumers of Rs1.8bn

ISLAMABAD: The Islamabad Electric Supply Company (IESCO) officers, allegedly in connivance with the staff of private banks and collective bargaining agent (CBA), have...

Number of taxpayers increases by 700,000: FBR

The number of taxpayers in Pakistan has increased by 700,000 over the last one year, according to a private media outlet. As per...

‘Govt committed to facilitating private sector development’

ISLAMABAD: Planning, Development & Reform Minister Makhdoom Khusro Bakhtiar has said that the incumbent government is committed to facilitating private sector development...

Asad Umar warns of peak inflation in next four months

Former finance minister Asad Umar said late Tuesday that according to his assessment inflation rates would peak in the next two to...

Traders announce to hold four countrywide strikes in Aug

LAHORE: All Pakistan Anjuman-e-Tajran (APAT) on Wednesday announced to hold four countrywide strikes against the imposition of new taxes by the government. In the...

Relief for common man as ECC revises gas tariff for tandoors

Gas prices for tandoors will be reverted back to the position of 30th June Committee okays imposition of 10pc regulatory duty...

KSE-100 ends losing streak, closes 280 points higher

KARACHI: The Pakistan Stock Exchange (PSX) ended its losing run on Wednesday as the indices went north post noon. Foreign investors closed...

Latest US-China trade talks ‘constructive’, Beijing says

SHANGHAI: US and Chinese negotiators wrapped up a brief round of trade talks on Wednesday that Beijing described as “constructive”, including discussion...

Pakistan Post expecting up to $1.5 billion FDI on public-private partnership model: Murad Saeed

ISLAMABAD: Pakistan Post has introduced revolutionary initiatives in last year including Electronic Money Order (EMO) at doorstep, Mobile App, E-Commerce and Same...

NEPRA take notice of power outages, loss of lives in Karachi

National Electric Power Regulatory Authority (NEPRA) has taken serious notice of media reports regarding power outages and loss of human lives due...

Abbas Daneshvar Hakimi appointed as PICL chief 

'Pakistan and Iran will sign the much-delayed MoU on maritime search and rescue operations' ISLAMABAD: PAIR Investment Company Limited (PICL) managing director...