Cabinet approves appointment of Rahat Kaunain as CCP chairperson

Rahat Kaunain previously served as CCP chairperson from 2010 till 2013, a time when Abdul Hafeez Shaikh was the finance minister 

CPEC-funded Multan-Sukkur Motorway to be operational by August

Sukkur-Multan motorway has a design speed of 120km per hour, and it is a two-way six-lane road with a contractual value...

Rawalpindi Ring Road to materialise after years of delay

RAWALPINDI: Rawalpindi Development Authority (RDA) on Saturday organised a seminar in Gymkhana Club to share the proposed 'Rawalpindi Ring Road Project' with...

Customs duty exemption on imported phones removed

ISLAMABAD: The customs duty exemption that was previously available on bringing one imported phone to Pakistan has been removed, as per the...

PTA stopped from blocking unregistered cellphones

PESHAWAR: The Peshawar High Court (PHC) on Tuesday barred the Pakistan Telecommunication Authority (PTA) from blocking unregistered cellphones. While hearing a petition, PHC ordered...

PTA expects people to pay 1,000pc duty on imported phones

ISLAMABAD: The Pakistan Telecommunication Authority's (PTA) website must be malfunctioning. Because if it is not then the policymakers on top have actually thought...

FBR detects 21 benami vehicles in Karachi

ISLAMABAD: The Federal Board of Revenue (FBR) has identified another 21 luxury benami vehicles in Karachi. According to sources, FBR's Anti-Benami Zone-III has identified...

PM Imran picks secretary finance for World Bank post

ISLAMABAD: Prime Minister Imran Khan on Wednesday approved the posting of Finance Secretary Naveed Kamran Baloch for the position of executive director...

Cheques issued by OGDC to Shazain Bugti, brothers bounce

OGDCL managing director refuses to issue Rs770m to the Bugti family for Uch gas field

SBP recommends increase in retirement age to cut fiscal burden

KARACHI: The State Bank of Pakistan (SBP) has recommended an increase in retirement age in order to reduce the average coverage period...

Italy reopens seasonal work visas for Pakistan

ISLAMABAD: In the latest announcement of its annual schedule of work visas called 'Decreto-Flussi', the Italian government has allowed Pakistani nationals to...

Govt facilitates clearance of over 1,000 imported cars

ISLAMABAD: As the new conditions imposed by the government on the import of used cars have discouraged the importers, the Economic Coordination...

FBR plans crackdown against cash transactions in real estate

Buying real estate worth more than Rs 5mn using cash or a bearer cheque will be subject to a penalty equal to 5% of the property's value

PKR down by another Rs1.4 against USD in interbank market

Pakistani Rupee (PKR) continued to depreciate against US Dollar (USD) in the interbank market on Tuesday, as the currency closed at Rs151.47...

Govt approves establishment of three new SEZs in Islamabad, Punjab, Sindh

ISLAMABAD: In an effort to boost investment and economic activities in the country, the government has approved the establishment of three new...