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...

FBR tax collection falls short by 3.56 percent during first seven months of FY 2017-18

ISLAMABAD: Tax collection of Federal Board of Revenue during the first seven months (July-January) of financial year 2017-18 was recorded at over...

Govt’s double standards over PIA divestment continue

LAHORE: The government backing off from its previous stance apprised National Assembly it still wants to sell its 26 percent equity stake...

Power consumers bearing the cost as Disco losses soar to Rs213 billion

ISLAMABAD: Power distribution companies have incurred over Rs213 billion in line losses over the past year, as power consumers bear the brunt...

Rs432 billion disbursed in agri-credit sector during first half of FY 2017-18

KARACHI: Tariq Bajwa, State Bank of Pakistan Governor on Wednesday hoped the agriculture loan target of Rs1,001 billion for FY 2017-18 would...

FBR starts survey of commercial buildings/plazas to unearth tax evaders

ISLAMABAD: As Federal Board of Revenue continues failing in widening its tax base, the government has initiated surveys of commercial and high-rise...

Four bidders shortlisted for acquisition of SME Bank

ISLAMABAD: SME Bank Limited (SBL) has attracted four bidders interested in acquiring the bank as Privatization Commission opens the buy-side diligence of...

FBR retrieves Rs2.34b outstanding withholding tax from telecom company

KARACHI: The freezing of two telecom providers by Federal Board of Revenue has resulted in a tax recovery of Rs2.34 billion, sources...

Environment Department, Lahore Chamber to hold Green Awards

LAHORE: The Punjab Environment Department and Lahore Chamber of Commerce and Industry (LCCI) will jointly hold Green Award competition to encounter serious environmental...

Government jacks up petrol price by Rs2.98 per litre

ISLAMABAD: The government while passing on the partial increase to the consumers in oil prices on Wednesday passed on Rs 2.98 per litre increase...

Bahria Town ‘Clean Karachi’ campaign advances into third week

KARACHI: Bahria Town ‘Clean Karachi’ campaign successfully advanced into the third week of its second phase of cleaning the Korangi district. Bahria Town team...

NICVD’s organises 1st certification ceremony of Intervention Cardiology Fellowship Programme

KARACHI: National Institute of Cardiovascular Diseases (NICVD) organised its first certification ceremony of Interventional Cardiology Fellowship Programme on January 30, 2018, in Karachi. A...

Star-studded premieres of “Peek Freans presents Gluco Allahyar and the Legend of Markhor” held in Lahore and Karachi

KARACHI: Star-studded premieres of “Peek Freans presents Gluco Allahyar and the Legend of Markhor”, the latest animation movie by ARY Films and 3rd...

Pakistani wheat procured by overseas buyers under state export incentive programme

HAMBURG: Pakistani wheat has been sold to overseas buyers after the country started a new state export incentive programme, European traders said...

OGDCL chairman addresses annual dinner 2018

ISLAMABAD: The annual dinner for officers of Oil and Gas Development Company Limited (OGDCL) was arranged by office bearers of OGDCL Officers’ Association...