SBP reserves fall 3.84pc, stand at $6.6bn

The foreign exchange reserves held by the central bank continued to descend for the fifth consecutive week, dropping 3.84pc WoW, according to...

No new taxes imposed through mini-budget: FBR

'Instead, with the introduction of the new bill, the FBR revenues would go down by Rs6.8 billion' ISLAMABAD: The Federal Board of Revenue (FBR)...

Govt plans to initiate Roshan Pakistan project in Balochistan

'The project will solarise over 30,000 tube wells in a short span of time' ISLAMABAD: Planning Minister Makhdoom Khusro Bakhtiar said on Wednesday that...

Rs1.85m fine imposed on 37 petrol pumps violating cleanliness rules

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has imposed Rs1.85 million fine on 37 petrol pumps of eight oil marketing companies (OMCs)...

‘Govt’s reform package to promote domestic supply, reduce imports’

Finance minister says usual negotiations with IMF currently underway, but 'govt will only take decisions that benefit economy' ISLAMABAD: Finance Minister Asad...

Minister stresses effective utilisation of space science and technology

Khusro Bakhtiar says geospatial technologies and satellite imagery could be employed for real-time monitoring and mapping of development projects ISLAMABAD: Planning, Development, and...

Qatar lifts ban on import of Pakistani rice

Lifting of ban is expected to provide additional $40-50 million to Pakistan if quality is maintained ISLAMABAD: Advisor to Prime Minister on Commerce...

Govt presents finance bill amid ruckus in NA

–Third finance bill aims at encouraging investment, exports, promoting ease of doing business –Super tax on non-banking companies abolished, interest on agri loans...

Senate body expresses concern over shrinking of land under cotton cultivation

Cotton commissioner says scarcity of certified seed, decreased profitability, and issues of plant population were among the reasons behind low production ISLAMABAD:...

FBR directed to expedite efforts against under-invoicing, money laundering

Senator Shibli Faraz stresses the need to increase engineering exports so that more revenue can be generated ISLAMABAD: The Senate's Standing Committee on...

NEPRA approves 57 paisa per unit hike in power tariff

‘Electricity price has increased because power plants were not supplied LNG from 6th to 30th Dec 2018’ ISLAMABAD: The National Electric Power Regulatory...

Amendments in Companies Rules 1985 proposed

Under the proposed amendments, shareholders of a private company shall have pre-emptive right to buy shares offered by any other shareholder ISLAMABAD:...

SECP rejects non-QCR audit of National Productivity Organisation

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has rejected the non-QCR audit of National Productivity Organisation (NPO), an attached department of...

NAB forms combined investigation team to probe fake accounts case

ISLAMABAD: The National Accountability Bureau (NAB) has constituted a combined investigation team (CIT) to probe money laundering of billions of rupees through fictitious...

Pakistan turns to Gulf countries to keep economy afloat

Saudi Arabia and its ally, the United Arab Emirates, have offered Pakistan over $30 billion in loans and investments, with Saudi Crown...