Finance ministry seeks early nominations of NFC members from provinces

ISLAMABAD: The Finance Ministry has called upon provincial governments to reconfirm their nominations of non-statutory members for the National Finance Commission (NFC)...

No plan yet to approach IMF again: Rana Afzal

KARACHI: Federal Minister Finance Rana Muhammad Afzal has said the government has no intentions of approaching the International Monetary Fund (IMF) for financial...

FBR releases Rs26.43billion tax refund claims of exporters

ISLAMABAD Finance Minister Ishaq Dar, with the push of a computer button on Tuesday, electronically transferred Rs 26.43 billion worth of tax refunds...

Malaysian minister assures full cooperation to promote bilateral trade

KARACHI: Malaysian Minister for Primary Industries Teresa Kok Suh Sim has assured the Pakistani business community of all possible cooperation for the...

Weekly inflation rises 0.03 per cent

ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on March 01 for the combined income groups witnessed...

FPCCI demands higher duties on unnecessary imports

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has suggested increasing import duties on unnecessary imports and impose the...

NFC agrees to finalise 9th Award by Dec 31

LAHORE: The 9th National Finance Commission has agreed to make efforts to finalise the NFC Award by December 31 this year. A meeting...

Soneri Bank posts Rs407m profit for 1Q2020

The Board of Directors of Soneri Bank Limited, in its 176th meeting held in Lahore, approved the bank’s condensed interim financial statements...

ADB pledges $1.7bn for Pakistan to fight coronavirus

ISLAMABAD: The Asian Development Bank (ADB) has assured to provide $1.7 billion to Pakistan to fight the impacts of the coronavirus. The assurance...

KSE-100 closes flat in range-bound trading

ISLAMABAD: The Pakistan Stock Exchange (PSX) witnessed another range-bound trading session on Wednesday, as the indices swung both ways in search of...

Twitter profits surge, user base sees growth

WASHINGTON: Twitter said Friday profits surged while its user base grew in a quarterly update that lifted its share price. The short-messaging service...

EU finance ministers eye simpler fiscal rules

HELSINKI: European Union finance ministers were holding the first discussion on Saturday about how to simplify the EU’s complex fiscal rules to help...

Trade optimism, earnings power Wall Street to fresh record high

Wall Street's main indexes hit fresh record highs on Friday, led by gains in technology stocks as upbeat comments related to US-China...

ADB sells $4.5b two-year global bonds in largest-ever single tranche outing

MANILA, PHILIPPINES:  The Asian Development Bank (ADB) returned to the US dollar bond market on March 31 with the pricing of a...

Senate committee expresses concerns over non-availability of agri-credit

ISLAMABAD Senate’s Standing Committee on National Food Security and Research here on Wednesday expressed its concerns over the non-availability of credit for the...