Flour crisis: Govt approves duty-free import of 0.3m tonnes of wheat

–ECC allows wheat to be imported till March 31; first shipment to arrive by Feb 15 –Sindh govt to buy 0.4m tonnes of...

Punjab govt to cultivate sunflower across 210,000 acres this year 

Govt introduces 'Rs5,000 subsidy’ and 'per-acre yield competition' for sunflower growers so as to decrease dependence on edible oil imports 

Rice exports surge 26.3pc in six months

ISLAMABAD: Rice exports from the country during the first half of current financial year grew by 26.30pc as compared the exports of...

Pakistani delegation reaches China for FATF meeting

ISLAMABAD: A high-level Pakistani delegation reached Beijing for important three-day face-to-face talks with the global money-laundering watchdog Financial Action Task Force (FATF)...

Federal govt likely to present budget in May

ISLAMABAD: Prime Minister Imran Khan-led government of Pakistan Tehreek-e-Insaf (PTI) is likely to present the budget for the fiscal year 2020-21 in...

Flour crisis: ECC to discuss wheat import today

ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet will take up the matter of wheat import on Monday. Adviser to Prime...

Banks to provide account holders’ details to FBR this month

KARACHI: In a major development towards transparency and to check suspected undocumented money in the banking channels, all commercial banks have agreed ...

Govt hesitant to link SBP governor’s tenure with performance

ISLAMABAD: Prime Minister Imran Khan-led government of the Pakistan Tehreek-e-Insaf  (PTI) is reluctant to link tenure of State Bank of Pakistan (SBP)...
CDNS

CDNS to be safeguarded against ill-gotten money, terror financing: MoF

ISLAMABAD: The Finance Division, through the promulgation of National Savings Schemes (AML-CFT) Rules, 2019, has decided to engage an AML-CFT compliant bank...

‘Lahore’s Mughalpura dry port to be operational next week’

LAHORE: Railways Minister Sheikh Rasheed Ahmed announced on Saturday that Lahore's Mughalpura dry port, which remained closed for the last six years, would...

PSX may suspend trading in HWQS shares

The sugar manufacturer was already placed on defaulters' list since 11th Nov 2019

Pakistan spends $89m on import of insurance services

ISLAMABAD: Pakistan spent $89.621 million to acquire foreign insurance services from various countries during the first four months of the financial year...

Textile exports register 4pc growth in first half FY20

ISLAMABAD: Pakistan's textile and clothing exports increased four per cent to $6.90 billion during the first half of the current financial year (FY20),...

Subsidised rice crop tool scheme may end era of bone-breaking plantation  

LAHORE: The family of Allah Ditta in Mahmoodkot neighborhood of Atahra Hazari, Jhang, is longing to be lucky enough to win a rice...

Big industry contracts 5.9pc in five months  

Economists term constant increase in cost of energy, raw material and working capital as reason behind decline in LSM productionÂ