NEPRA approves 56 paisa per unit hike in power tariff
'Consumers will face a burden of approximately Rs4.2bn due to the increase'
ISLAMABAD:Â The National Electric Power Regulatory Authority (NEPRA) has approved Rs0.57...
Govt’s proposal to restrict provinces from collecting GST on services dismissed
Dr Kaiser Bengali says govt should abolish 15-20 divisions and ministries to reduce federal expenditure
KARACHI:Â Former advisor to chief ministers of Sindh...
ECC orders provision of gas, electricity to special economic zones
ISLAMABAD: The Economic Coordination Committee on Monday directed the power and petroleum divisions to devise a plan within 30 days to ensure...
‘Germany facing big budget hole as economy slows’
German govt last month cut its growth forecast for this year to 1pc from 1.8pc previously
BERLIN: Germany is facing a budget shortfall...
Readymade garments export reaches $1.2bn in six months
ISLAMABAD:Â The exports of readymade garments earned $1.26 billion during the first half of the current fiscal year (2018-19), showing a growth of...
PSX gains 501 points amid bullish trading
Cement sector manages to add 4.58pc in its cumulative market capitalisation
KARACHI:Â Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on the...
Govt lauded for simplifying business policies
ICSTSI urges govt to discourage interaction between tax officials and the business community by promoting automation
The Islamabad Chamber of Small Traders...
S&P downgrades Pakistan’s rating to B-, says recovery to take longer
S&P cautions fiscal and external imbalances will remain elevated despite securing financial aid from bilateral partners
People to pay for gas they haven’t used
People complain of inflated gas bills in absence of full supplyÂ
Minister announces 'relief', says people with bills over Rs20,000 can...
UK will ‘permanently’ regret no-deal Brexit
Business secretary says without a deal, Britain risked major disruption to trade with the EU
LONDON:Â Britain would permanently regret leaving the European...
Govt urged to safeguard local industry
'Govt should instruct all business-related departments to focus on resolving key issues of the industry'
ISLAMABAD: Islamabad Chamber of Commerce and Industry President...
Price of Urea bag likely to be reduced by Rs200
ISLAMABAD:Â As the federal cabinet has reduced 50pc Gas Infrastructure Development Cess (GIDC) for eight sectors, including the fertilizer industry, the prices of...
General Tyres to set up $300m Faisalabad plant
CEO urges FBR to ensure that no tyre is sold in the market without proper documentation
KARACHI:Â General Tyre and Rubber Company of...
China to import donkeys from Pakistan
Donkey hides are highly prized in China as they are used in the manufacturing of traditional Chinese medicines
In a bid to...
Hike in policy rate to strangulate investments: FPCCI
KARACHI: Keeping in view the prevalent inflation, devaluation of currency and twin deficit in Pakistan, Federation of Pakistan Chambers of Commerce and...