National Savings directorate cuts certificate rates by 1pc
ISLAMABAD:Â The Central Directorate of National Savings (CDNS) on Tuesday announced a one per cent cut in the interest rate on savings certificates...
Minister calls for early completion of privatisation process
ISLAMABAD: The Financial Advisory Consortium (FAC) on Tuesday briefed the Privatisation Commission on the progress made in negotiations with various bidders regarding...
Petro Division warns of acute shortage of POL products in July
ISLAMABAD: The Petroleum Division has feared an acute shortage of petroleum products in the country as prices are likely to surge in...
FBR likely to reinstate tier-III system on tobacco sector
ISLAMABAD: Apart from increasing federal excise duty (FED) on tobacco products, the Federal Board of Revenue (PSX) is also considering reinstating the...
World Bank to provide Pakistan $188m to fight climate change
ISLAMABAD: Prime Minister’s Advisor Malik Amin on Monday said that the present government is taking all-out measures for the overall environmental protection through...
‘Spray and Survey’ strategy deployed against locust swarms
ISLAMABAD: The Ministry of National Food Security & Research (MNFSR) on Monday said that a strategy of ‘spray and survey’ is underway to...
Govt to offer sector-specific subsidies in upcoming budget
ISLAMABAD: The federal government has decided to offer subsidies only for "targeted sectors" in the next fiscal year, sources revealed on Monday.
According...
Climate change in KP leads to 30pc drop in wheat production
PESHAWAR: Climate change in Khyber Pakhtunkhwa has led to a 30 per cent drop in wheat production, creating fears of food shortage...
Rs583bn released for projects under PSDP
ISLAMABAD: The federal government has released Rs583 billion against the total allocation of Rs701 billion for various ongoing and new uplift projects...
Budget FY21: PM for provision of all possible incentives to industry Â
ISLAMABAD: Prime Minister Imran Khan said on Monday that all efforts should be made to incentivize the country’s industrial sector and create...
Inflation eases further to 8.2pc in May
ISLAMABAD: Continuing with its recent declining trend, the rate of inflation in the country further slowed to 8.22pc on a year-on-year basis...
LPG price reduced by Rs2 per kg
The Oil and Gas Regulatory Authority (OGRA) on Monday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of...
Govt to file criminal cases in light of sugar probe: PM’s aide
–Shahzad Akbar terms sugar probe report a charge-sheet against former PM Abbasi
–Abbasi says PM Imran, Punjab CM Buzdar, Asad Umar ‘real culprits...
President asks PIA to expedite compensation to crash victims’ heirs
ISLAMABAD:Â President Dr Arif Alvi has directed Chief Executive Officer (CEO) of Pakistan International Airlines, Air Marshal Arshad Malik to expedite the process...
ECC approves disbursement criteria for Rs200bn Islamic Sukuk
ISLAMABAD: The Economic Coordination Committee (ECC) on Saturday approved the criteria for the disbursement of Rs200 billion, received through Islamic Sukuk, in...