Power ministry orders inquiry against overbilling
ISLAMABAD: Ministry of Power Division has ordered an inquiry against Hyderabad Electric Supply Company (HESCO) Chief Executive on sending high electricity bills...
All set to establish Investment Board in AJK
ISLAMABAD: Prime Minister AJK Raja Farooq Haider Khan says all necessary arrangements have been finalised for the establishment of an Investment Board...
Pakistan’s foreign exchange position stable: spokesman finance division
ISLAMABAD: The Finance Division Spokesman has said that the foreign exchange position of Pakistan is stable and the news titled "Pakistan's net...
Businessmen will soon be allowed to invest in Australia: Adamson
ISLAMABAD:Â Australian High Commissioner to Pakistan in Islamabad, Margaret Adamson has said a policy will soon be announced regarding the issuance of...
PIAF rejects government’s plan to raise gas prices
LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has rejected plans by the government to increase gas prices by 5 to 7 per...
FBR urged to withdraw discretionary powers of IR officials: FPCCI
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its proposals being prepared by the Budget Advisory Council under...
Energy sector debt out of control
ISLAMABAD: For the first time in the history of the country, circular debt in the power sector has crossed a staggering figure of Rs977 billion.
According...
IMF’s concerns about the economy are correct, Miftah Ismail
ISLAMABAD:Â Speaking to media at the Ministry of Finance, Advisor to the Prime Minister on Finance, Revenue and Economic Affair Division Miftah Ismail...
FDI jumps to 15.6pc, adding $262.5 mn from last year
KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5...
Facebook introduces new features for Pakistani market
KARACHI: With the expansion of broadband internet services in Pakistan, technology companies like Facebook are taking keen interest to enhance their user...
Toyota to increase car prices amidst rupee devaluation
MUZAFFARABAD: The rupee devaluation has made it unsustainable for the Indus Motor Company (IMC) to operate under the present prices of its...
SECP announces regulations for selection of independent directors
ISLAMABAD: The SecuriÂties and Exchange CommÂission of Pakistan (SECP) has announced draft regulations regarding the process and selection of independent directors of companies.
The Companies...
Market Daily: KSE 100 index sheds 131.86 points, ends week at 43,363.21
LAHORE: The Pakistan Stock Exchange (PSX) had a turbulent last session on Friday where the indices swung violently. In search of direction,...
Govt to focus on high growth rate, controlled inflation in next budget: Miftah Ismail
ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail Friday said the government will mainly focus on setting the target for a...
FBR notice seeking details of allottees is a conspiracy against economy: ABAD chairman
KARACHI:Â The Federal Board of Revenue (FBR) has issued notices to various builders and developers for providing details of allottees of shops, flats...