Miftah Ismail reviews performance of National Savings

ISLAMABAD: Adviser to Prime Minister on Finance, Dr Miftah Ismail here on Thursday, chaired a meeting to review the performance of National Savings. National...

ECC allows OMCs to charge masses with Rs48 crore under custom duties

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has granted the approval to Oil Marketing Companies (OMCs) to charge the masses with...

APTMA sends budget proposals to finance minister

KARACHI: In its budget proposals, the All Pakistan Textile Mills Association (APTMA) has said that the availability of electricity at regionally competitive prices is of...

Railways seeks Rs73bn for ongoing, new projects in next PSDP

ISLAMABAD: Pakistan Railways (PR) has proposed Rs73 billion for ongoing and new projects in the next Public Sector Development Programme (PSDP) for...

Market Daily: KSE 100 maintains position over 45,000

LAHORE: The Pakistan Stock Exchange (PSX) put up a confused show again on Tuesday. Indices swung on both sides in search of...

Abraaj contemplating to divest part of its investment business

DUBAI/ABU DHABI: Private equity firm Abraaj Group is considering selling part of its investment management business as it seeks to stem the...

Pakistan to be among top 50 of EoDB list by 2020

LAHORE: Provincial Finance Minister Dr Aisha Ghaus Pasha said that Pakistan aims to be among the top 50 countries on the Ease...

China to provide assistance for PIA, aviation industry

ISLAMABAD: Pakistan and China have mutually agreed on extending their bilateral relations and to work collectively for the betterment of Pakistan International...

Pakistan prepares to open banking channel with Iran

ISLAMABAD: While Pakistan remained cautioned and reluctant to increase trade ties with Iran during the past four years because of international trade sanctions...

Devaluation to hit poor, boost profits for influential sectors: PEW

ISLAMABAD: The Pakistan Economy Watch (PEW) on Monday said devaluation will increase the burden on poor, increase foreign debt and liabilities while...

ICAP calls on prime minister, stresses need for tax reforms

KARACHI: A delegation of Institute of Chartered Accountants of Pakistan (ICAP) led by its President Riaz A Rehman Chamdia called on Prime...

China to protect its trade interests amid rift with U.S.

BEIJING: The United States has openly disregarded trade rules with an inquiry into intellectual property and China will defend its interests, Vice...

CAA deposits Rs5 bn in Ali Jahangir Siddiqui’s JS Bank, violating Finance Division’s rules

ISLAMABAD: In a surprising development, it has reliably been learnt that the Civil Aviation Authority (CAA) has deposited Rs5 billion of funds, which...

TIP receives a complaint against CAA regarding deposits in JS Bank

KARACHI: Transparency International Pakistan (TIP) has received a complaint against the Civil Aviation Authority (CAA) who has deposited a huge amount of...

SBP denies rumours about Rs10,000 banknotes

KARACHI: The State Bank of Pakistan (SBP) denied on Friday the news reports about the issuance of Rs10,000 banknote. “The existing banknote denominations...