Banks lend Rs 7000 crores in consumer loans in FY 17
KARACHI: Lower interest rates have led to consumer loans picking up pace, with banks recording disbursements of over Rs 70 billion (Rs...
CM Punjab announces formation of committee to address business grievances
A delegation of Lahore Chamber of Commerce and Industry (LCCI) Executive Committee on Friday has asked the Punjab Chief Minister (CM) Shahbaz...
Meltdown on PSX; index plunges over 1,000 points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile start to the week, as the benchmark KSE-100 Index failed to sustain gains...
Pakistan faces risk of arbitration lawsuits if it becomes ECT member: Report
According to the report, ECT is an influential tool in the hands of large oil, gas and coal companies which permits them to dissuade governments from moving to clean energy
Federal budget 2018-19 to be pro-poor, business friendly
ISLAMABAD:Â Special Assistant to Prime Minister on Revenues, Senator Haroon Akhtar Khan here on Tuesday said that budget 2018-19 would be pro-poor, business-friendly,...
Nawaz vows to land Pakistan amid top developed countries
SIALKOT
Prime Minister Muhammad Nawaz Sharif on Wednesday vowed to take Pakistan amongst the top ranking developed countries and said the masses had...
Pakistan IT exports rise to $2.9 billion
ISLAMABAD: Due to government incentives to IT and Information Technology Enabled Services (ITeS) industry, Pakistan’s IT exports have grown to an estimated...
‘Govt has returned $10bn in foreign loans’
KARACHI: Adviser to PM on Finance Abdul Hafeez Shaikh said on Friday the government had, so far, returned $10 billion worth of...
Bank Al Habib declares pre-tax profit of Rs3.40 billion
The Board of Directors of Bank AL Habib Limited announced the financial results of the bank for the three months period ended...
CPEC joint working committee to meet on Dec 9
ISLAMABAD:Â The China-Pakistan Economic Corridor (CPEC) joint working committee will meet in Beijing on December 9 to endorse the bilateral agreements signed during...
Center, Sindh at loggerheads over proposed gas pricing formula
ISLAMABAD: The federal government and the Sindh government are at loggerheads over the proposal to include the price of imported LNG in...
Number of taxpayers have risen by 30% in last one year: Hammad Azhar
The minister said it had been decided to translate the Federal Board of Revenue policies and tax laws into Urdu for making the tax system easier to comprehend for the common man
FBR asked to crack down on smuggled Iranian POL products
ISLAMABAD:Â The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to constitute a joint task force, comprising the officials...
CPEC-funded Multan-Sukkur Motorway to be operational by August
Sukkur-Multan motorway has a design speed of 120km per hour, and it is a two-way six-lane road with a contractual value...
China reiterates trade war with United States would be disastrous for global economy
BEIJING: Any trade war with the United States will only bring disaster to the world economy, Chinese Commerce Minister Zhong Shan said...