‘Subsidised rates’: ECC approves Rs50bn grant for utility stores

ISLAMABAD: The federal government on Wednesday approved a technical supplementary grant (TSG) of Rs50 billion for the Utility Stores Corporation (USC). The approval...

Big shopping malls agree to waive rents during lockdown

LAHORE:Almost all leading malls of the country, including Dolmen Mall, Packages Mall, LuckyOne Mall, Centaurus and Mall of Lahore, have waived April...

LCCI seeks relaxation for small traders, shopkeepers

Lahore: Lahore Chamber of Commerce and  Industry (LCCI) President Irfan Iqbal Sheikh has appealed to the government to give relaxation to small traders...

FATF extends action plan deadline for Pakistan till October

The Financial Action Task Force (FATF) has decided to extend the deadline for Pakistan to achieve all 27 points of its action...

PSO losses, relending policy and TAPI on ECC meeting agenda

ISLAMABAD: The Economic Coordination Committee (ECC) would meet today (Wednesday) to take up an 11-point agenda, including the constitution of a 'price...

Govt set to take sugar cartels by the horns

–Firdous says CCP will be reformed to counter cartelisation in sugar industry, artificial food crisis –Says govt mulling sugar export after ‘bumper sugarcane...

PTI govt’s debt surges Rs9.2tr to Rs33.4tr

ISLAMABAD: A whopping increase of Rs9,209 billion has been witnessed in government debt during the first 20 months of the Pakistan Tehreek...

PM constitutes committee as telcos demand tax cuts

ISLAMABAD: Prime Minister Imran Khan has constituted a high-level committee to facilitate the telecommunication sector, which wants a reduction in taxes to...

Imported dry milk poses threat to local dairy farmers

Dairy farmers urge govt to ban import of powdered milk LAHORE: The current lockdown has badly affected the dairy farming in the country...

Asian markets extend gains on glimmers of hope in coronavirus fight

Equities rose again Tuesday as investors seized on signs of a slowdown in the spread of the coronavirus in key hot spots...

Cabinet may exempt PM’s COVID-19 relief fund from income tax

ISLAMABAD: Amidst the outbeak of coronavirus in the country, the federal cabinet is likely to exempt the 'Prime Minister's COVID-19 Pandemic Relief...

SNGPL allows domestic consumers to pay March bill in instalments

In the wake of coronavirus outbreak in the country and in line with the directive of the federal government, Sui Northern Gas...

Abrarul Haq ‘stole’ idea of PRCS Muhafiz app, tech company alleges

Red Crescent Society denies allegation, says organisation above commercial interest

SBP extends refinance facility for hospitals, creates helpline

KARACHI: The State Bank of Pakistan has introduced further relaxations in the ‘Refinance Facility to Combat COVID-19’ hospital scheme, and started a...

Electric vehicle policy to be revised after tussle between two ministries

ISLAMABAD: Following a meeting of the ‘Special Committee on Electric Vehicle (EV) Policy’, the concerned ministries and institutions have agreed to revise...