Banks disbursed agricultural credit worth Rs704.5bn during FY2016-17

KARACHI The commercial banks have surpassed the agricultural credit disbursement target of Rs 700 billion set by Agricultural Credit Advisory Committee (ACAC) for...

140m cell phone, 42.5m internet users ineligible to become filers

Billions of rupees taxed money remains unclaimed   Despite claims of tightening the noose around non-filers in the next budget, the government has...

Pakistan offers attractive investment opportunities in diverse sectors: PM

ISLAMABAD: Prime Minister Imran Khan has said that Pakistan offers attractive investment opportunities to foreign investors in diverse sectors. He was talking to...

FPCCI demands cut in mark-up rate

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday urged the government to reduce mark-up rate in the country...

Daily market report: KSE-100 breaks below 45,000pts again

LAHORE A day that opened well lost its charm as investors booked profits after news flew in from the court room in Islamabad....

China opposes US sanctions on Chinese banks, firms

BEIJING China on Friday expressed its protest against the United States for imposing unilateral sanctions on foreign enterprises outside the framework of the...

Short-term public debt increased 44.2pc by end of FY 2016-17

Islamabad: A local newspaper reported a massive surge in short-term public debt share in total domestic debt to Rs6.6b or 44.2pc by...

KSE-100 finishes in red, retreats 75 points

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a jittery session on Thursday, as the indices kept changing directions throughout the...

Senate committee expresses concerns over special treatment to Chinese companies

  ISLAMABAD: As the concerned ministries failed to justify the special exemption on taxes being given to Chinese companies under China Pakistan Economic...

China-U.S. trade talks ‘making a final sprint’: state media

U.S. duties on $200 billion in imports from China are set to rise to 25 percent from 10 percent if there is no deal by March 1 to address U.S. demands that China curb forced technology transfers and better enforce intellectual property rights

OPEC sees oil markets tighten further even as US shale booms

LONDON: The global oil stocks surplus is close to evaporating, OPEC said on Thursday, citing healthy energy demand and its own supply...

Bears dominate as KSE-100 drops 420 points

KARACHI: Pakistan Stock Exchange (PSX) witnessed a negative start to the trading week, as the indices remained in the red zone for almost...

46 exploration licenses granted in last four years: Petroleum ministry

Islamabad: Ministry of Petroleum and Natural Resources has granted 46 exploration licences and 33 leases to achieve self-sufficiency in oil and gas...

ICAP suggests structural changes to existing tax system

The institute of Chartered Accountants of Pakistan (ICAP) has proposed structural reforms that focus on broadening the tax base and the simplifying...

FPCCI asks government to reduce minimum tax rate

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in their budgetary proposals has urged the Federal Board of Revenue (FBR)...