Commerce minister, governor discuss promotion of textile industry

KARACHI: Federal Minister for Commerce and Textile Pervez Malik met Sindh Governor Muhammad Zubair at the Governor House here. The two leaders discussed...

Three provinces reject to provide subsidies for prioritized SEZs

Provinces originally gave consent to provide a subsidy for the special incentive package but some now had refused to provide it.

Tarbela set to hit dead level in two days, as water woes continue

Indus River System Authority (IRSA) projected water shortage at 40 percent for the early-Kharif period which was now estimated to cross 44 percent in case river flows don’t improve

K-Electric applies for changes in generation licence, seeks addition of RLNG as alternative fuel

K-Electric’s available generation capacity stands at 1,902 megawatts out of which 913-megawatt gas dependent and needs 180 mmcfd of gas

Govt jacks up rate of returns for national saving schemes

Interest rates for Behbood savings certificates and pensioner benefit accounts had been increased by 0.72 percent to 10.08 percent, defence savings certificates by 0.56 percent to 8.10 percent, special savings certificates by 0.77 percent to 6.80 percent.

Haroon asks opposition not to politicise budget

  ISLAMABAD: Brushing aside the opposition's demand for clamping economic emergency, Special Assistant to the Prime Minister on Revenue Haroon Akhtar Monday called...

Federal budget disappoints PSX

KARACHI: The federal budget for 2018-19 has disappointed the stockbrokers/TREC holders of Pakistan Stock Exchange (PSX) as most of its proposals were...

FBR turned down health ministry’s proposal to increase cigarettes prices

ISLAMABAD: The Federal Board of Revenue (FBR) straightaway rejected the Ministry of National Health Regulation Authority’s proposal’ to soar the cigarettes price...

FBR registers 17pc growth during April

ISLAMABAD: The Federal Board of Revenue (FBR)during the first ten months of the current financial year has recorded a provisional net revenue...

Experts term budget 2018-19 as ‘non-conventional budget’

ISLAMABAD: This year the budget 2018-19 is non-conventional as compared to the last four year’s budgets, where the government presented a popular budget...

HBL appoints new President and CEO

KARACHI: Habib Bank Limited (HBL), the largest bank in Pakistan has announced that Muhammad Aurangzeb has joined the bank as the President and...

Prices of petroleum to rise by Rs1.70 per litre from May

ISLAMABAD: The government is likely to increase petroleum prices starting Tuesday after the Oil and Gas Regulatory Authority (OGRA) sent a summary...

Export package on cards to promote trade of value-added products

ISLAMABAD: The government is working on a new package to facilitate exporters with a special focus on promoting the trade of value-added...

Market Daily: KSE 100 drops 117.91 points, settles at 45,488.86

LAHORE: The Pakistan Stock Exchange (PSX) opened the first trading session after the announcement of the Budget 2019 on a positive note....

Shopkeepers’ scam adds fizz to profits

Retail prices of Coke and Pepsi remain unnoticed while retailers overcharge consumers day in, day out by as much as 40 percent – making millions over the top, apparently unnoticed