COVID-19 poses unprecedented economic challenges, Qureshi says

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Saturday said that Pakistan was facing an unprecedented situation at the economic front amid the coronavirus pandemic. Addressing...

Govt urged to ensure availability of labourers for upcoming mango season

PFVA calls for 'special transport facilities' so that labourers can easily travel from Punjab to Sindh

‘Railways losing Rs5bn per month due to lockdown’

LAHORE: Railways Minister Sheikh Rashid said on Saturday that train operations could only be restored across the country after the end of...

NTDC wins legal battle against Iranian company

Int'l court directs Iran's GAM ARAK to pay $4.5m compensation

Govt reduces profit rates on National Savings schemes

The government has reduced the rate of profit on various National Savings Schemes by up to 5.42pc with immediate effect, according to...

Pakistan hasn’t received any foreign aid to fight corona, says PM Imran

ISLAMABAD: Prime Minister Imran Khan on Friday said that Pakistan has not received any financial assistance from any country or global organisation despite...

Territorial disputes to hamper Diamer-Bhasha Dam progress

Harban tribe of Kohistan and Thor tribe of Diamer are both claiming ownership of 8km land in Gandlo Nala area
IPPs

Pakistan could save billions if payments to IPPs be made in Pak rupee: report

ISLAMABAD: The change in few terms and conditions of the agreements signed with the Independent Power Producers (IPPs) in the past may...

SBP raises Rs76bn from Sukuk auction

KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs76.38 billion through auction of the five-year Government of...

Non-textile sector to start receiving Rs828m refunds from Friday: minister

ISLAMABAD: Prime Minister’s Adviser on Commerce and Investment Abdul Razak Dawood on Thursday announced that Drawback of Local Taxes and Levies (DLTL)...

Current account deficit shrinks 73pc in nine months

KARACHI: The country's current account deficit (CAD) decreased to $2.78 billion during the first nine months (three quarters) of FY20, a decline...

Revenue target of Rs 5.1 trillion likely to be set for upcoming fiscal year

ISLAMABAD: The Federal Board of Revenue (FBR) is likely to set the revenue collection target at Rs5,100 billion for next fiscal year...

CCP to prepare rules for online businesses

ISLAMABAD: Keeping in view the rapid growth of digital businesses and to address issues pertaining to competition, data protection and transparency in...
KP Govt

Covid-19: KP govt appoints six secretaries to implement SOPs in factories

PESHAWAR: The administrative secretaries of six Khyber Pakhtunkhawa departments have been empowered to get standard operating procedures (SOPs) implemented after the provincial...

SBP raises Rs435.5bn from T-bill auction

KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs435.5 billion through T-bills, against the auction target of...