Cigarettes prices could rise, as govt mulls raising taxes
ISLAMABAD: The government is contemplating to increase the tax on cigarettes in the upcoming budget for the financial year 2018-19 set to...
Annual Plan 2018-19 projects 6.2 percent economic growth rate & 6 percent inflation
ISLAMABAD: The Annual Plan 2018-19 approved by the National Economic Council (NEC) headed by the Prime Minister Shahid Khaqan Abbasi projected a...
Govt projects average growth rate of 6.7 percent under 12th Five Year Plan
ISLAMABAD: The National Economic Council (NEC) on Tuesday gave go-ahead to the 12th Five Year Plan amidst a boycott by the three...
Pakistan now viewed as hub of regional connectivity: Mushahid
KARACHI: Senator Mushahid Hussain has said that CPEC has already yielded dividends, with 22 Early Harvest Projects on track in energy, infrastructure,...
Senate panel approves amnesty scheme with amendments
Members belonging to Pakistan Tehreek-e-Insaf, Pakistan Peoples Party and others joined hands to introduce amendments to the bill.
Finance Ministry, NICL express inability for reinsurance of Punjab’s 2460MW power plants
ISLAMABAD: The Ministry of Finance and the National Insurance Company Limited (NICL) have so far expressed their inability to offer reinsurance for $1 billion...
Govt set to launch ‘Economic Survey 2017-18’ this Thursday
ISLAMABAD:Â The government is all set to launch the Economic Survey 2017-18 on Thursday, April 26, to share key economic indicators and the...
Increased economic cooperation between Pak, Russia urged
KARACHI: Sindh Board of Investment’s Chairperson, Naheed Memon on Tuesday emphasized the need for increased economic and regional cooperation and bilateral trade...
ICI Pakistan announces financial results with 16pc growth
KARACHI: The Board of Directors of ICI Pakistan Ltd Wednesday announced unconsolidated Profit after Tax (PAT) for the quarter at Rs1,002 million is 16...
Market Daily: KSE 100 gains 504.74pts, settles at 45876.7
LAHORE: Market watchers in Tuesday’s session disregarded the decision of the National Assembly Standing Committee on Finance to unanimously reject two bills...
Apple hires Samsung’s executive for South Korea
LAHORE: Apple has appointed Brandon Yoon, a veteran Microsoft executive and most recently a vice president at Samsung Electronics as the new...
Shell Pakistan appoints new chief executive
LAHORE: Shell Pakistan Limited, in a notification to the Pakistan Stock Exchange (PSX) on Tuesday, announced the appointment of its new chief executive...
Earnings season at PSX fails to spark investor interest
LAHORE: Earnings season at the Pakistan Stock Exchange (PSX) has somewhat failed to spark investor interest mainly on the back of political...
Govt fails to get tax amnesty bill passed by NA committee
ISLAMABAD: The federal government has failed to get two bills passed from the National Assembly Standing Committee on Finance seeking the parliament’s...
One in five financial institutions consider cryptocurrency trading, survey says
LONDON: One in five financial institutions is considering trading cryptocurrencies within the next 12 months, a survey published by an international news agency...