ECC meeting

ECC directs food ministry to meet 8.25MT wheat procurement target 

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday asked the Ministry of National Food Security and Research (MoNFSR) to...

SNGPL shareholders at risk as board decides to reduce directors

LAHORE: The Board of Directors (BoD) of Sui Northern Gas Pipeline Limited (SNGPL) has decided to reduce the number of seats from...

Budget deficit reaches Rs1.68tr in nine months

–Expenditures clock in at Rs6.3tr against revenues of Rs4.6tr –Govt spent Rs1.8tr on debt servicing, Rs802bn on defence, Rs31.8bn on education and Rs5.1bn...

SECP, FBR discuss tax proposals for capital, corporate sectors

ISLAMABAD: The Security and Exchange Commission of Pakistan (SECP) has shared with the Federal Board of Revenue (FBR) some key tax proposals...

Dubai developer Nakheel cuts some staff salaries by up to 50%

DUBAI: Dubai state developer Nakheel has cut salaries by up to 50 percent to help it weather the coronavirus pandemic, according to...

FBR’s arm files reference against billionaire benami company 

The Federal Board of Revenue (FBR)’s Anti-Benami Islamabad office has filed a reference against S.A.S Pvt. Ltd, a benami cooperate company which...

Cabinet approves export of rice, hand sanitisers

ISLAMABAD: The federal cabinet on Tuesday allowed the export of rice and locally manufactured hand sanitisers, as Federal Minister for Information and...
Medicines

SC summons AGP over ’30pc decrease in medicine prices’

ISLAMABAD: The Supreme Court (SC) on Tuesday issued notice to the Attorney General for Pakistan (AGP), Drug Regulatory Authority of Pakistan (DRAP) and...

Govt likely to procure cotton at Rs4,000 per 40kg

ISLAMABAD: The federal government has decided to procure cotton from farmers at a price of Rs4,000 per 40kg in order to save...

Over Rs298m released for petroleum sector projects under PSDP

ISLAMABAD: The government released funds amounting to Rs298.183 million during first 10 months of the current fiscal year to execute six petroleum...

NTDC rehabilitates damaged towers in Balochistan

The National Transmission and Despatch Company (NTDC) spokesman has said that rehabilitation work on eight collapsed towers has been completed while power...

SC extends stay in Peshawar BRT project

ISLAMABAD: The Supreme Court (SC) on Tuesday extended the duration of its stay order given against a Peshawar High Court (PHC) directive to...

Pakistan’s cash programme instrumental in mitigating COVID-19 impact: WB

ISLAMABAD: The World Bank (WB) on Tuesday said that Pakistan’s emergency cash programme would be instrumental in mitigating the impact of the economy...

Microfinance industry needs to strengthen resilience, risk management: SECP chief

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) Chairman Aamir Khan Tuesday said the development of the microfinance industry depended upon resilience...

Traders seek further clarification on anti-hoarding ordinance

LCCI president says govt must define difference between 'stock' and 'hoarding' to stop misuse of recently promulgated ordinance