Pak, UK have strong potential to boost trade

LAHORE: Further strengthening of trade and economic relations with United Kingdom should be the corner stone of Pakistan’s foreign policy as this...

Country’s largest fuel farm inaugurated at new Islamabad airport

ISLAMABAD: Adviser to Prime Minister on Aviation Division Sardar Mehtab Ahmed Khan on Thursday inaugurated Pakistan’s largest and most advanced Fuel Farm Facility at the...

FBR selected 44,868 tax cases through parametric computer ballot

ISLAMABAD: The Federal Board of Revenue (FBR) has selected 44,868 tax cases through parametric computer ballot on Thursday. Parametric computer ballot as per Audit Policy...

Growers of tobacco threaten to stage sit-in in Islamabad on April 24

ISLAMABAD: The Anjuman-e-Tahfuzi Hoqiqi Kashtkaran and the Dealer Association Khyber-Pakhtunkhwa (KP) have threatened to stage a sit-in in the federal capital on April 24 if...

Car assemblers come under fire for price increases, low standards, and cartelisation

ISLAMABAD: As the Competition Commission of Pakistan (CCP) organised a public hearing on complaints against car assemblers in the country here on Thursday,...

Better connectivity leads to stronger markets, increased demand: Ahsan Iqbal

ISLAMABAD: While speaking about the global economy, Federal Minister for Planning, Development and Reform, Ahsan Iqbal said that undermined economies in the world...

SECP proposes amendments in Chartered Accountant Ordinance

ISLAMABAD: In order to revamp the Chartered Accountant Ordinance, 1961, and meet the current requirements of the profession of Chartered Accountants, the Securities...

Market Daily: KSE 100 index down 154.79pts, settles at 46,331.71

LAHORE: After meandering through the red during most part of yesterday’s session the 100 Index closed down 154.79 points (-0.33 per cent)...

OPEC sees oil markets tighten further even as US shale booms

LONDON: The global oil stocks surplus is close to evaporating, OPEC said on Thursday, citing healthy energy demand and its own supply...

Non-taxpayers to be barred from purchasing real estate after July: Miftah

  LAHORE: Adviser to Prime Minister on Finance Miftah Ismail has said that non-taxpayers will not be allowed to purchase real estate in the country...

Auto sales increase by 22pc for 9MFY18

KARACHI: Auto sales increased by 22 per cent despite a surge in car prices due to rupee devaluation for the first nine...

Assets of Islamic banks up 9.1pc

KARACHI: During the last quarter of 2017, Islamic banking industry’s assets grew 9.1 per cent (Rs189 billion) to Rs2.272 trillion, compared to Rs2.083...

IMF warns of potential debt risks for countries involved in OBOR

HONG KONG: International Monetary Fund Managing Director Christine Lagarde said on Thursday China’s Belt and Road initiative is showing signs of progress...

China vows action if US intensifies trade spat

BEIJING: China’s commerce ministry said on Thursday trade negotiations with the United States would be impossible as Washington’s attempts at dialogue were...

Amazon vies to increase share in Pakistani fashion outlet

LAHORE: In an interesting development, Amazon which already owns a 33 percent stake in Pakistani fashion-based portal Clicky.pk is interested in increasing...