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

Relief to livestock, dairy, agri sectors to help increase production: ICCI president

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) President Amir Waheed has welcomed the sixth budget announced by the present government,...

FBR advocating for transfer of land on open market rate

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to establish the ‘directorate of immovable property’ in order to enable the transfer of...

Pakistan to pay Rs1,620 billion in interest payments in 2018-19

ISLAMABAD: Pakistan will pay Rs1,620 billion in interest payments for the next fiscal year 2018-19 against the estimates of borrowing loans from external...

POL local production up by 10.26pc in eight months

ISLAMABAD: The production of petroleum products has witnessed a 10.26 per cent increase during the first eight months (July-February) in the current fiscal...

Budget to expand economy, encourage businesses, protect vulnerable people: Miftah

ISLAMABAD: Minister for Finance and Economic Affairs Miftah Ismail Sunday said the budget for the fiscal year 2018-19 will expand the economy by more...

Budget lauded as pro-people, pro-business, and pro-Pakistan

ISLAMABAD: People from all segments of the society including economists, professors, students, journalists, and citizens have hailed the federal fiscal budget 2018-19...