Nepalese PM KP Sharma to inaugurate 6th SAARC Business Leaders Conclave today

KATHMANDU: Prime Minister of Nepal KP Sharma Oli will inaugurate the 3-day 6th SAARC Business Leaders Conclave on March 16 at Kathmandu featuring...

Punjab governor stresses development of SMEs to curb poverty

‘Govt vows to transform Pakistan into a business-friendly country by devising conducive policies based on solid research’ LAHORE: Punjab Governor Chaudhry Muhammad Sarwar...

Pakistan to sign int’l protocol on intellectual property rights

ISLAMABAD: Being the only country in the region which is not a signatory to the international protocol on intellectual property rights (IPRs), Pakistan...

SECP to initiate action against financial pundits online

The Securities and Exchange Commission of Pakistan (SECP) has taken the decision to take stern action against people who act as financial...

Oil importing countries including Pakistan may face 30pc hike in oil import bill: IMF report

The International Monetary Fund (IMF) has warned Pakistan and other oil importers against rising oil bills for 2017 as a result of...

‘Railways earned record Rs453m in first week of Dec’

Sh Rasheed says the department saved 650,000-litre fuel despite starting 20 new trains in three months LAHORE: Railways Minister Sheikh Rasheed Ahmad said...

Govt considering inputs from stakeholders for upcoming budget: Dar

ISLAMABAD: Finance Minister Senator Muhammad Ishaq Dar Wednesday said the government was making its budget preparations based on extensive consultations and inputs...

Korean investors eager to explore Pakistani market: envoy

South Korean Ambassador to Pakistan Kwak Sung Kyu said on Friday that the investment companies of his country were eager to invest...

Rs5,000 per acre subsidy announced for sunflower farmers

The government has announced a Rs5,000 per acre subsidy for sunflower farmers to meet the growing demand of edible oil in the...

Report puts entire blame of gas crisis on MD’s of SNGPL & SSGC

According to officials, the major beneficiaries of the recent gas crisis was the oil mafia which was successful in promoting the utilization of imported furnace oil in power plants in contravention of the merit order

Confidentiality clause in tax amnesty scheme could be in contravention of constitution: Report

ISLAMABAD: A tax consultancy firm said the government’s tax amnesty scheme aims to withhold information of individuals availing could be in contravention...

FBR investigating gift scheme use for money laundering

The Federal Board of Revenue’s (FBR) Anti-Money Laundering (AML) cell has started probing into money laundering worth Rs102b by a group of...

China promises to open its financial sector to foreign investment by end-2018

BOAO: China laid out a clearer timetable on Wednesday for opening its financial sector to more foreign investment by the end of...

Govt releases Rs681.36b for social sector development projects

The federal government has released Rs 681.316 billion for different social sector developmental projects under Public Sector Development Programme (PSDP) 2016-17 as...

SNGPL to refund Rs513m to consumers over low pressure

ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) has announced that it will refund Rs513 million to its consumers in cases where...