FBR suspends officer on misconduct in tax amnesty drive
ISLAMABAD: The Federal Board of Revenue (FBR) has suspended a BS-17 officer following an inquiry into an act of misconduct committed by...
K-Electric’s takeover bid by the Chinese hits a snag
ISLAMABAD: The takeover of K-Electric (KE) by Shanghai Electric has apparently hit a snag following the National Electric Power Regulatory Authority’s (NEPRA)...
Economists, business community welcome Imran Khan’s pledges for economy, good governance
ISLAMABAD: While the incoming government of Pakistan Tehrik-e-Insaf (PTI) is going to immediately face a dire economic situation, economists have welcomed the...
Pakistan Tobacco Company announces Rs2.9 billion Q2 profit
LAHORE:Â Pakistan Tobacco Company (PTC), in a notification issued to the Pakistan Stock Exchange (PSX) on Tuesday, released its financial results for the...
Painful structural adjustments on macro weaknesses await next government
LAHORE: Structural weakness in Pakistan’s trade account deficit that has swelled commodity prices again, poses critical challenges which cannot be managed by...
Pak Suzuki Motors declares Rs394m profits in Q2FY18
KARACHI: Pak Suzuki Motor Company (PSMC) Tuesday declared a profit of Rs394 million in Q2FY18 despite price increases as well as the volumetric growth...
Stable policy environment overturns growth momentum
LAHORE: Pakistan’s Gross Domestic Product (GDP) growth momentum is expected to be dragged down by the current fiscal year while the stable policy...
SECP, NACTA vow to stand against money laundering, terror financing
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and National Counter Terrorism Authority (NACTA) have resolved to jointly undertake all necessary...
PSX to remain closed on election day
KARACHI: The Pakistan Stock Exchange (PSX) would remain closed on July 25 (Wednesday) on the account of the general election 2018.
This was...
IMF bailout on the cards as Pakistan elects new government
Bailouts are sizeable and always come with strings attached
Pakistan all set to elect PM who will face bailout crisis
ISLAMABAD: Pakistan's general elections on Wednesday will decide the prime minister for the next five years whose first pressing task will be...
Strong liaison among public bodies needed to expedite growth, remove bottlenecks: PM
ISLAMABAD:Â Caretaker Prime Minister Justice (r) Nasir-ul-Mulk has stressed the need for strong coordination amongst government bodies to provide maximum facilities to businessmen...
Market Daily: KSE-100 plunges 758 points pre-election
KSE-100 index continued to slide, as was the case on Friday. The bears dragged down the market by 758 points to 40,464 level (down 1.84 per cent) as pre-election jitters engulfed the market.
Investors to remain cautious as election week begins
LAHORE: Equity experts believe that investors will take a defensive stance during the 'high stakes' week with the general elections set to...
Political stability key to economic growth: SAARC CCI
ISLAMABAD: SAARC's Chamber of Commerce and Industry (CCI) Senior Vice President Iftikhar Ali Malik Sunday said that political stability studded with uninterrupted...