PM approves appointment of Shahzad Qasim as his special assistant

ISLAMABAD: Following the approval by Prime Minister Imran Khan for the appointment of Shahzad Qasim as his Special Assistant on the Power Sector,...

Lack of LNG import causes Rs12bn loss to Pakistan in six months

Sources say influential furnace oil lobby has been holding sway over the entire power division

SBP mops up Rs658.3bn from market

KARACHI: The State Bank of Pakistan on Friday mopped up from the money market Rs658.3 billion (Rs 55.2 billion for three days...

Foreign companies urged to invest along Punjab highways  

LAHORE: Punjab Senior Minister Abdul Aleem Khan has said that foreign investment with regard to improvements in Punjab’s infrastructure would be welcomed, adding...

Govt in no haste to launch dollar-based saving certificates for expats

The certificates are supposed to target remittances that are not channelised and are held back in the resident countries of overseas Pakistanis ISLAMABAD: While...

PR closes 23 passenger train routes owing to less commercial viability

ISLAMABAD: Pakistan Railways (PR) has discontinued 23 routes of passenger trains due to the high cost of maintenance in these sections and less...

‘Govt removing all bottlenecks to facilitate foreign entrepreneurs’

PM says his vision is to transform Pakistan into a country where overseas Pakistanis and foreign investors could work without fear ISLAMABAD: Prime...

NFIS proposes amendments to stamp duty laws

Committee suggests introduction of e-stamping regime for insurance policies ISLAMABAD: The Technical Committee on Insurance (TCI) formed in pursuance of the National...

Govt accepts SECP chief’s resignation, appoints Tahir Mehmood as acting chairman

Tahir Mehmood has been officially appointed as the acting chairman of the Securities and Exchange Commission of Pakistan (SECP). Being the senior most...

Govt reaffirms resolve to implementing global development agenda

Planning minister says govt focuses on improving and strengthening social and human development ISLAMABAD: Planning, Development and Reforms Minister Khusro Bakhtiar said on...

Consultative session held on proposed amendments to motor vehicle laws

ISLAMABAD: The Securities and Exchange Commission of Pakistan has convened a consultative session on the proposed amendments to the Motor Vehicles Act, 1939. Representatives...

Business community lauds Saudi bailout package, PM Khan’s leadership

SAARC chamber SVP urges opposition parties to sink their political differences and come forward to help strengthen national economy LAHORE: Saudi Arabia...

Govt raises power rates a day after Saudi bailout

ECC approves increase in tariff for consumers using more than 300 units, allows five per cent decrease in electricity rates for...

Govt formulates new privatisation programme

ISLAMABAD: The incumbent Pakistan Tehreek-e-Insaf (PTI) government has started work on a new privatisation programme, it has been learnt. Documents have revealed that the...

Senate body questions SBP’s autonomy

ISLAMABAD: As the central bank devalued local currency against dollar for multiple times during the past one year, the members of Senate’s Standing...