PM Imran forms committee to probe petrol crisis

The committee will identify hoarding by oil marketing companies, including curtailment of supply from depots to retail outlets, as well as hoarding by petrol stations

FBR collects Rs50bn more than FY20 revenue target

Revenue board collects Rs3.95tr in FY20, as against the revised target of Rs3.90tr

SBP receives $1.3bn in loan from Chinese banks

KARACHI: The State Bank of Pakistan (SBP) on Tuesday announced that it has received $1.3 billion as loan disbursements from Chinese banks...

EU, UK ban PIA flights over ‘dubious’ pilots

PALPA question govt list of 'dubious' pilots, say it's full of discrepancies 
Dr Hafeez Pasha

Govt to bear additional Rs1,800bn cost due to faulty debt policy, says Hafeez Pasha

Former finance minister Hafeez Pasha on Monday said that the government has added an additional cost of Rs1,800 billion in the Budget...
Hammad Azhar

90pc supplementary grants for FY20 linked to Covid-19, says Hammad Azhar

ISLAMABAD: Minister for Industries and Production Hammad Azhar on Tuesday said that almost 90 per cent of the total supplementary demands for...

Locally produced ventilators to be handed over to NDMA by Friday: minister

ISLAMABAD: The National Assembly was informed on Tuesday that the first consignment of domestically produced ventilators will be handed over to the...

‘No doubt’ India was behind PSX attack, says PM Imran in NA

–PM pays tribute to security forces, says four attacks, including two around Islamabad, were timely thwarted  –Says despite govt’s efforts to revive economy...

Sindh refuses to collect taxes for federal govt until FBR refunds Rs8bn: report

The Sindh government led by Chief Minister Murad Ali Shah has refused to collect taxes for the Federal Board of Revenue (FBR)...

Change in provincial regulatory frameworks imperative for business facilitation: PM’s aide

--Dr Ishrat Hussain says local govts must introduce administrative and regulatory reforms in favour of businesses --Razaq Dawood says CEO of US Int'l...

Asad Umar for uninterrupted power supply to Karachi

ISLAMABAD: Federal Minister for Planning and Development Asad Umar on Monday directed officials at the Power Ministry to ensure uninterrupted supply of...

’12-minute situation’: PSX condemns terrorist attack

MD terms terrorist attack 'an attempt to scare away investors from Pakistan', lauds security personnel for 'defusing the situation within no time'
Petrol pumps

OGRA imposes Rs15m penalty on three OMCs

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Monday imposed a total penalty of Rs15 million on three Oil Marketing Companies (OMCs)...
Steel re-rolling mills

Four steel companies issued tax evasion notices

FBR seeks from the companies info regarding their involvement in tax evasion of up to Rs50bn per year

Pakistan launches electric vehicle plan with cars in slow lane

LAHORE: Ghulam Hussain was used to zipping through the streets of Lahore with his wife and three young children perched perilously on his...