Weekly inflation soars due to soar in gas prices
ISLAMABAD: Short-term inflation in Pakistan has witnessed a sharp spike, reaching its third-highest level since May, with a staggering 42 % year-on-year...
Hyderabad accountability court rejects bail for Iqbal Z Ahmed in Rs28bn money laundering case
ISLAMABAD: The Accountability Court in Hyderabad, Sindh, has denied bail to Iqbal Z Ahmed and five co-accused, citing the absence of fresh...
SECP unveils ambitious 5-Year strategic plan for insurance sector
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Tuesday took a significant step forward by revealing its draft 5-year Strategic...
Iqbal Z Ahmed’s family cries foul following arrests in alleged money laundering case
The family of Iqbal Z Ahmed lambasted the arrest as spurious and illegitimate,
Judges not entitled to get monetization of 2000 electricity units, Finance ministry
ISLAMABAD: Finance ministry has informed the Supreme Court that the rules do not provide for monetization of the 2000 units, at the...
Less than 20% of Pakistan’s issues addressed in manifestos of major parties; PIDE
ISLAMABAD: In the wake of upcoming general elections, the Pakistan Institute of Development Economics (PIDE) has drawn a comparison of manifestos amongst...
FIA summons 17 Pakistan Customs officers in famous “speed money” case
ISLAMABAD: The Federal Investigation Agency has summoned 17 Pakistan Customs officers during the next week in the famous “speed money” case registered...
Sindh school flood rehab program amongst nine projects approved by Planning Commission
ISLAMABAD: The Central Development Working Party (CDWP) meeting, presided over by Deputy Chairman of the Planning Commission, Mohammad Jehanzeb Khan, has given...
KP faces shortfall of Rs 79bn from November to February
PESHAWAR: The Khyber Pakhtunkhwa government faces a significant financial challenge as it navigates a shortfall of more than Rs 79bn rupees. The...
SECP forms committee to ensure transparency in shareholder meetings
ISLAMABAD: To ensure transparency and accountability in corporate practices, the Securities and Exchange Commission of Pakistan (SECP) has formed a specialized committee...
PIA expresses fear of potential impoundment of aircraft and attachment of its assets abroad
ISLAMABAD: Financial crisis-hit Pakistan International Airlines (PIA) has been facing a $31 million dispute against outstanding rent, re-delivery rent, maintenance reserve and...
Govt raises remuneration for MP scale officers by 45 pc
Islamabad: The caretaker Federal Government has raised pay and utilities’ allowance for management positions officers (MP I, MP II and MP III)...
SECP urges Pakistan’s insurance sector to embrace technology, innovation
The Securities and Exchange Commission of Pakistan (SECP) has called upon the insurance sector to harness the power of technology and tap...
Inquiry launched against AC Customs for illegally seizing currency
ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered the Chief Collector of Customs (North) to initiate a fact finding inquiry against an...
Manufacturing licenses of ‘Big Three’ auto companies suspended
ISLAMABAD: An attached department of the Ministry of Industries and Production, Engineering Development Board (EDB) has suspended the manufacturing licenses of three...