Australia’s largest wealth manager ousts CEO amid fee scandal

LONDON: The head of Australia's largest wealth manager has resigned after the company admitted lying to regulators for more than a decade. AMP...

FPCCI stresses measures to win investors’ confidence as FDI declining

'Despite tall claims, govt fails to attract foreign investment in construction sector'

Growing fiscal, external imbalances wipe away record 10-year gains

KARACHI: Although Pakistan's economic performance remained robust during the fiscal year 2017 but growing fiscal and external imbalances eroded hard-earned gains in...

Federal government commences process to reconstitute 9th NFC

The provisional and federal finance ministers are statutory members of the NFC and every provincial government can appoint one non-statutory member to it

Economic survey to be revealed on 26th April

ISLAMABAD: With the budget announcement looming, the government is expected to release the economic survey for present financial year 2017-18 on April...

Ministry of Planning launches new initiative to improve productivity in mines

Cluster Development Based Mineral Transformation Plan, costing Rs62.21 million, has been launched under Vision-2025 and would increase value addition and create jobs in the mineral sector

US trade deficit hits 10-year high in October

WASHINGTON: The US trade deficit hit a 10-year high in Oct 2018 as Americans used a stronger dollar to snap up record imports,...

Water distribution: Dry season triggers tensions between Punjab, Sindh

Dry season and wide off-the-mark weather forecasts have triggered tensions between the upper riparian Punjab and lower riparian Sindh over water releases...

Govt allocates Rs1.6tr for PSDP

ISLAMABAD: The federal government has unveiled a Rs1.6 trillion Public Sector Development Programme (PSDP) for the fiscal year 2018-19 of which Rs...

Ignoring shortage of gas, govt gives go-ahead for 235 new gas supply schemes

ISLAMABAD: Despite prevailing gas shortage across the country, the ruling PML-N government has decided to grant approval to 235 new gas supply...

‘Govt taking all possible measures to facilitate private sector’

President urges industrial sector to use modern technology in order to enhance its capacity and quality ISLAMABAD: President Dr Arif Alvi said on Monday...

NPMC seeks plan to end anti-market practices in sugar, poultry sectors

ISLAMABAD: The National Price Monitoring Committee (NPMC), which met with Finance Secretary Naveed Kamran Baloch in the chair on Friday, has sought...

Cotton arrivals fall 20pc to 8.54m bales 

LAHORE: As many as 8.547 million cotton bales reached the ginning industries across the country from February 1 till February 15, as compared...

Railway project progress under CPEC discussed between Pakistan, China

A delegation of Chinese consortium in terms of Framework Agreement called on Ministry of Railways Chairman Muhammad Javed Anwar in Islamabad on Thursday and discussed progress on ML-I (Karachi-Peshawar) project.

66th meeting of Standing Committee on Planning, Development and Reform held

ISLAMABAD: The 66th meeting of the Standing Committee on Planning, Development and Reform was held under the Chairmanship of MNA Abdul Majeed Khan...