WAPDA’s debt surged 331pc by end of December 2016: SBP

KARACHI: A recently released report by State Bank of Pakistan revealed Water and Power Development Authority (WAPDA), debt surged by 331 percent,...

‘Govt committed to strengthening economy despite hurdles’

ISLAMABAD: Minister of State for Revenue Hamad Azhar has said the Pakistan Tehreek-e-Insaf (PTI) government was committed to strengthening the national economy despite...

Govt to implement Geographical Indication Law after 18 years

'Int’l brands are unabatedly selling Pakistan-origin goods due to non-finalisation of GI Law' ISLAMABAD: As Pakistan is yet to implement Geographical Indication Law ever...

Cellular providers to give 100 percent credit on credit recharge for 15 days

As per the SC directives, this relief will last for 15 days after which the FBR and cellular companies would submit a mechanism to the apex court for collecting taxes via mobile phone top-up cards

Decision to increase gas prices by 46pc put on hold

ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet has decided not to immediately increase gas prices by 46 per cent,...

Remittances drop $79m in three months FY20

KARACHI: The State Bank of Pakistan (SBP) has said that the overseas Pakistani workers remitted $5,478.11 million in the first three months (July...

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...

PM Imran seeks stronger trade ties with Iran

TEHRAN: Prime Minister Imran Khan said on Monday that it was time for both Pakistan and Iran to chalk out ways to enhance...

Pakistan, Uzbekistan agree to form JWG on energy

ISLAMABAD: In a meeting with Uzbekistan Ambassador Furqat Sidiqov, Power Division Minister Omar Ayub Khan asserted that Pakistan wanted to take benefit...

Imran calls for inclusion of provinces in establishment of SEZs

ISLAMABAD: Prime Minister Imran Khan said on Wednesday all the initiatives to set up special economic zones (SEZs) would be spearheaded by the...

Gold import falls 41.26pc in 7 months

The import of gold during first seven months of current fiscal year declined by 41.26 pc as compared to same period last year. The gold...

Malaysian PM stresses need to enhance trade ties with Pakistan

RAWALPINDI: Malaysia and Pakistan enjoy excellent trade relations and both countries have tremendous potential to increase bilateral trade from the existing level,...

FATF ‘grey list’ poses credit risks to Pakistani banks: Moody’s

KARACHI: Pakistan’s banking system faces credit risk from the country’s continued inclusion on the Financial Action Task Force’s (FATF) ‘grey list’ of nations,...

Well-being of general public top priority in upcoming budget: Dar

Finance Minister Senator Mohammad Ishaq Dar said on Wednesday that in line with the tradition of the last three years, the government...

NA body deplores slow establishment of customs’ offices at Torkhan, Chaman 

ISLAMABAD: A parliamentary panel on Thursday expressed displeasure over the slow progress in the establishment of customs’ offices at Torkhan and Chaman. The meeting...