Pak, Belarus looking to open banking channels

In order to boost the trade volume between Pakistan and Belarus, central banks of both countries have already signed a Memorandum of...

Rs 6b approved to PSO to prevent default

The Ministry of Finance has approved payment of Rs6b to Pakistan State Oil (PSO) on an urgent basis to avoid an international...

OICCI proposes growth oriented tax policies

The Overseas Investors Chamber of Commerce and Industry (OICCI) has presented a proposal asking for reduction of corporate tax rate from 30pc...

IPPs postpone guarantee call on assurance

Following a government assurance to clear the billion rupees outstanding dues till June, the Independent Power Producers (IPPs) have withdrawn their call...

Country’s DI surges by 6pc to $1.284bn in July-Feb 2016-17

Total foreign investment in the country enhanced by 46.5 per cent to $1.934 billion in last eight months of the current fiscal...

GSMA recommends tax cuts for Telecom sector

Higher taxes mean lower purchasing power of an average consumer. (Groupe Spéciale Mobile) Association (GSMA) has set out a number of measures...

PSX ends the day flat, KSE-100 closes at 48,289

The day at the bourse started bearish with banks leading the index to fall to an intraday low of 531 points, however...

Border closure costing millions to businessmen

Businessmen are moaning the loss of hundreds of thousands of dollars following Pakistan’s closure of its border with Afghanistan on February 16,...

Capital Analytics, PSX collaborate to encourage research-based trading

Capital Analytics (CA) (subsidiary of Capital Stake), a fin-tech startup and the Pakistan Stock Exchange (PSX) have agreed to enter into a...

Govt raises Rs 284b through t-bills

The government managed to raise Rs 284b at an auction of market treasury bills (t-bills) on Wednesday, rejecting bids for 12-month papers...

World Bank sanctions grant worth $450m to Pakistan

The World Bank on Thursday approved a financial package worth $450 million to support the government in its efforts to help poor and...

Govt announces reform strategy for cross-border movement of goods under TFA

The government announced a reform strategy on Wednesday for cross-border movement of goods under the Trade Facilitation Agreement (TFA). Commerce Minister Khurram Dastgir...

World Bank likely to give $200m loan for renewable energy project

The World Bank has initiated the process to approve a load of $200m for increasing the installed generation capacity of renewable energy...

Circular debt impacts fuel supply chain

The unending power sector circular debt has impacted the entire fuel supply chain in Pakistan, choking ports, refineries and down to railway...

Govt releases Rs 483m under PSDP against a total budget of Rs 800b

The federal government has released Rs 482.8b (60.4pc), including Rs122b foreign aid, for different development projects under the Public Sector Development Programme...

Popular News

FBR proposes up to Rs40,000 tax for shopkeepers

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a maximum Rs40,000 fixed tax for shopkeepers, Pakistan Today has learnt. As per the documents, the tax...

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FIA recovers Rs7bn in 2019, PM’s aide claims

ISLAMABAD: Prime Minister's Special Assistant (SAPM) on Accountability Shahzad Akbar on Friday announced that the Federal Investigation Agency (FIA) has recovered Rs7 billion during...