Government to sell PIA’s minority share of 49pc by April 15

ISLAMABAD: While the opposition parties are concerned about the mode of government in privatisation of Pakistan International Airline (PIA) just ahead of few months...

Government realises need to devolve education, health to districts: Ahsan Iqbal

ISLAMABAD: Planning, Development and Reform Federal Minister Ahsan Iqbal has maintained that the government while devising an action plan for the implementation of Sustainable...

SWIFT makes headlines as hackers steal $6mn from Russian bank

MAGNITOGORSK: Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international payments messaging...

Market Daily: KSE 100 breaks 43,000 psychological barrier, gains 684.75 points

LAHORE: After two turbulent sessions at Pakistan Stock Exchange (PSX), just when it looked like things were going to fall apart, they actually fell...

NTDC fined Rs10mn for delaying projects

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs 10 million on M/s National Transmission and Despatch Company Limited (NTDC)...

CCP issues show cause notices to Diamond paints, dealers for entering cartel agreement

ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued Show Cause Notices to Diamond Paints Industries (Pvt.) Ltd. and its dealers for entering a...

Govt to evolve comprehensive STPF -2018-23 for increasing country’s trade

ISLAMABAD: Ministry of Commerce and Textile Industry Federal Secretary Muhammad Younas Dhaga on Wednesday said that it was a priority of the government to...

Chief Secretaries cannot be made member of ECC: Senate told

ISLAMABAD: Parliamentary Affairs Minister Aftab Ahmed Sheikh on Wednesday apprised the Senate that under rules of business chief secretaries of the provinces could not...

NA body approves PSDP proposals, projects worth Rs8.455bn

ISLAMABAD: The National Assembly's Standing Committee on Finance and Revenue Wednesday approved the allocation of Rs 2.3 billion for its eight development projects and...

MoIP proposes 55 developmental projects for PSDP 2018-19

ISLAMABAD: Ministry of Industries and Production has proposed 55 new projects for funding under Public Sector Development Programme (PSDP) 2018-19 in order to develop...

400 Pakistanis put on FBR’s list for possessing real estate in UAE

ISLAMABAD: The Federal Board of Revenue (FBR) has listed 400 Pakistanis who own real estate in the United Arab Emirates (UAE), after an investigation...

Real estate sector amnesty scheme aimed at legitimising black money

ISLAMABAD: In an apparent wish to have an amnesty scheme for investors in the real estate sector, builders and developers have enquired from the...

CDWP approves 24 projects worth Rs284.8bn

ISLAMABAD: Central Development Working Party (CDWP) approved 24 projects worth Rs184.8 billion out of which 10 projects worth Rs169.6 billion were referred to Executive Committee...

IMF’s Lagarde says market swings aren’t worrying, but wants reforms

DUBAI: Sharp swings in global financial markets in the past few days are not worrying since economic growth is strong but reforms are still...

Business community urges government to pass Rent Control Act

ISLAMABAD: Business community, on Sunday, urged the government for taking appropriate measures to pass the amended Rent Control Act for Islamabad during the 52nd session...

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Sugar Sharks: How does the most powerful lobby in Pakistan get...

Scores of sugarcane-laden lorries are parked on the main road in front of an abandoned car-making plant in Sujawal district, about 130 kilometres from...