FIA starts investigation in Yabaite scam against Sharif family
KARACHI
The Federal Investigation Agency (FIA) has initiated investigations against ex-head of the Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi and...
Govt decides to reinvestigate NICL scam, as fresh evidence surfaces
ISLAMABAD
The government has decided to reinvestigate the National Insurance Company Limited (NICL) scam, as fresh evidence suggests that the company was mercilessly,...
Market daily: stocks rise up twice in row
LAHORE
The Pakistan Stock Exchange (PSX), after a bumpy ride, accumulated gains in late trading. This was not the only good thing about Thursday,...
FOREX reserves shrink by 8pc since June
KARACHI
The foreign exchange reserves in the country have been under pressure and are down by 8 per cent since June 2017, to...
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...
KPMG report suggests OGRA to permit 7.1pc UFG allowance for SSGC and SNGL
Karachi: Consultant KPMG Taseer Hadi and Co hired by Oil and Gas Regulatory Authority to provide independent advice for the proposed breakup...
AIIB shows willingness to provide funding for four projects in Karachi
Karachi: A local newspaper has reported that Asian Infrastructure Investment Bank (AIIB) has expressed an interest to provide funding for four projects...
MOU inked to promote bilateral trade between Pakistan and Greece
Rawalpindi: A memorandum of understanding was signed on Wednesday between Rawalpindi Chamber of Commerce and Industry (RCCI) and Greek-Pakistan Entrepreneurship Cooperation to...
Pakistan’s exports to Spain rose 5.43pc for FY 2016-17
Islamabad: The GSP+ plus facility which was introduced to boost Pakistani exports to the European Union (EU), seems to have paid dividends,...
‘Investors of real state in Gwadar uncertain as NAB sends ‘strange’ notices’
ISLAMABAD
The National Accountability Bureau (NAB), to some extent, has become a hurdle in the development of Gwadar, as investors of real estate...
KCCI, MCCI ink MoU aimed at strengthening Pakistan-Mauritius trade
KARACHI
The Karachi Chamber of Commerce and Industry (KCCI) and Mauritius Chamber of Commerce and Industry (MCCI) have signed a Memorandum of Understanding,...
Over 24pc growth in gross revenue registered during Jul, Aug: FBR
ISLAMABAD
The Federal Board of Revenue (FBR) claims that over 24 per cent growth in collection of gross revenue has been registered in...
SSGC intensifies effort to control natural gas theft
KARACHI
Spurred on by the Gas Theft Control and Recovery Act 2016, passed by the current National Assembly, SSGC has intensified its efforts...
FBR reaches out to large companies to boost filing of returns
ISLAMABAD
The Federal Board of Revenue (FBR) has started an extensive drive to boost the filing of income tax returns by reaching out...
Domestic cement despatches grew by 10.85pc during August
KARACHI
Buoyancy in the domestic cement market continued unabated in August as well as local sales increased by 10.85 per cent, compared with...