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...

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...

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Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.

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

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,...

Ogra recommends Rs7 per litre cut in petrol price

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended the Petroleum Division to reduce the price of petrol by Rs7.06 per...

Eighteen: How an Egyptian company is building a new $2 billion Islamabad suburb

Orascom’s real estate arm believes there is a large enough market for Pakistanis who want to live the suburban life around the nation’s capital

FBR officials may challenge Shabbar Zaidi’s appointment as chairman

ISLAMABAD: The appointment of "a tax expert" as the new chairman of Federal Board of Revenue (FBR) has irked the tax officials, who...

Rs5 to 10 per litre cut in petrol price likely

The government has decided to slash petrol price upto Rs5 to Rs10 per litre to provide relief to the people, a private...

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...

Rupee regains Rs1.42 interbank, nabs dollar hike

The local currency strengthens on the back of higher inflow of remittance due to Ramadan and the approaching festival of Eid

Kekra-1: Exxon Mobil all set to pack up and leave

Pakistan was hopeful of finding large oil and gas reserves in its territorial waters in the Arabian Sea Hours after Prime Minister...

Proton officially enters Pakistani car market

ISLAMABAD: The joint venture between Malaysia's Proton and Pakistan's Al-Haj Group has been the centrepiece among a series of agreements signed between Pakistan...

IMC decides to launch Toyota Vios in Pakistan, Corolla GLi to be discontinued

KARACHI: Indus Motor Company Ltd (IMC) has finally decided to launch Toyota Vios in Pakistan after discontinuing the Toyota Corolla GLi, a...

IMF agrees to lend $6bn to Pakistan: sources

IMF team accepts govt's stance of not further jacking up electricity prices Lauds govt's approach towards the state-owned loss-making organisations Repayment...