Pak Rupee will not depreciate any further: Hammad Azhar
ISLAMABAD:Â Clarifying the statement attributed to the State Bank of Pakistan governor, Minister of State for Revenue Hammad Azhar said on Friday that...
PM Imran suspends gas companies’ boards as shortfall worsens
ISLAMABAD:Â Prime Minister Imran Khan on Thursday suspended the Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) board...
No extra burden on foreign debt due to rupee devaluation: Hammad Azhar
ISLAMABAD: Minister of State for Revenue Hammad Azhar said on Thursday that devaluation of rupee has not put an extra burden on foreign...
SBP reserves shrink by $242m, stand at $7.2bn
The total liquid foreign reserves held by the country stood at $13.7 billion on December 7, 2018.
According to a statement issued by...
Saudi Arabia to make its ‘largest foreign investment’ in Pakistan: Asad Umar
ISLAMABAD: Federal Minister for Finance Asad Umar said on Thursday that Saudi Arabia is about to make “the largest foreign investment in Pakistan’s...
‘Development of Balochistan among key agendas of upcoming JCC meeting’
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar met Balochistan Chief Minister Jam Kamal Khan at Balochistan House on Thursday.
Senators and Members...
SHC grants bail to 5 suspects allegedly involved in Rs63bn oil scam
The Sindh High Court (SHC) on Wednesday granted bail to the five suspects arrested by the National Accountability Bureau (NAB) over their...
Govt plans to protect downtrodden segments from inflation
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar revealed on Wednesday that the government was in the process of devising a strategy...
ECC clears IT ministry’s proposal for approval of NTC budget estimates
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday cleared the Ministry of Information Technology’s (IT) proposal regarding approval of budget...
FIR lodged against Eden Housing CEO for importing BMW on fake NOC
ISLAMABAD:Â The customs department has lodged a first information report (FIR) against Eden Housing Limited CEO Muhammad Ajmal for importing a bulletproof BMW...
Gas crisis grips Karachi as CNG owners announce protest
The CNG associations are all set to protest tomorrow (Wednesday) as the Sui Southern Gas Company (SSGC) has announced to halt gas...
Cabinet approves conditional supply of subsidised gas to CPPs
ISLAMABAD:Â The federal cabinet, while approving the supply of Rs25 billion worth subsidised gas to export-oriented industry, has imposed a ban on captive...
‘Sin tax’ to increase cigarette pack price by Rs10
The federal government is intending to generate more than Rs70 billion every year from the imposition of ‘sin tax.’
The health ministry has...
Govt pays $10.038m as commitment charges for not utilising loans
ISLAMABAD:Â The government paid $10.038 million as commitment charges to multilateral institutions for not utilising the sanctioned loans earmarked for different projects during...
Govt to appoint professional board of directors in SPL
Seven directors will be chosen from the private sector with PM being head of the board
ISLAMABAD:Â The government has decided to appoint a...