Direction set in 100 days, economy on surge: PM

Federal Board of Revenue had been bifurcated into two departments and its job would be just collection of tax while policy would be formulated by the ministries of finance and commerce, said Khan

Market Daily: KSE-100 adds 2.37 per cent WoW, down 574 points

The KSE 100 index appreciated by 2.37 per cent from last week. The index touched an intraday low of 41,162.84 and finally settled at 41,224.75 after losing 573.84 points.

Power ministry resorts to additional subsidy as circular debt mounts

With energy companies facing a looming default crisis and warning the government of invoking sovereign guarantees, the  Ministry of Water and Power...

ECC approves sovereign guarantee worth Rs193bn for Power Holding Ltd.

ISLAMABAD The Economic Coordination Committee (ECC) of the Cabinet on Tuesday, July 25, 2017, approved the issuance of an unprecedented sovereign guarantee of Rs 193 billion...

‘Indiscriminate accountability to build conducive business environment’

ISLAMABAD: Special Assistant to the Prime Minister on Accountability Mirza Shehzad Akbar has said that the business community is the central plank...

Market Daily: Waning investor confidence leads to PSX losing 411.62 points

LAHORE: The final day of the week saw investors opting out of the market. Indices added on to the losses as the...

IMF follows FATF footsteps, voices opposition to amnesty scheme

ISLAMABAD: Voicing concerns over the amnesty scheme being offered in Pakistan, International Monetary Fund said these schemes never achieved their stated objectives. A...

Market Daily: Tareen’s disqualification fuelled PSX as market gained 422 points

LAHORE: The Supreme Court verdict brought some respite for investors as the selling spree came to a halt. The turbulent week came...

SECP says has no documentary proof yet of Multan Metro project scam

ISLAMABAD: The head of the Securities and Exchange Commission of Pakistan (SECP) has revealed that his entity didn’t have the documents pertaining...

Rasheed for private sector investment in railway’s upgradation

ISLAMABAD: Minister for Railways Sheikh Rasheed Ahmed has said that the government is encouraging the private sector to invest and participate in...

OGDCL injects five new oil, gas wells in production gathering system

ISLAMABAD: Oil and Gas Development Company (OGDCL) has injected five new oil and gas wells, producing 4,133 barrels crude oil and 891...

Health minister requests finance ministry to withdraw 3rd slab of FED on cigarettes

ISLAMABAD: In what could be dubbed as a much need-move, the Federal Minister for National Health Services Aamer Mehmood Kiani has recommended...

METRO Cash & Carry, Careem to facilitate customers across Pakistan

LAHORE: METRO Cash & Carry Pakistan in a new initiative has joined hands with Careem, a ride-hailing app, to make the travelling...

Federal govt to table budget on April 27: Miftah

ISLAMABAD: Advisor to Prime Minister on Finance, Miftah Ismail has said that the federal government would present the budget for the fiscal...

NAB starts investigation to indict those responsible for shutdown of PSM

ISLAMABAD: National Accountability Bureau (NAB) has initiated an investigation to identify those responsible for the shutdown of Pakistan Steel Mills (PSM) and...