Senate body adopts 27 recommendations on finance bill

ISLAMABAD: Senate’s Standing Committee on Finance on Monday adopted 27 recommendations on the Finance Supplementary (Amendment) Bill 2018, which would be moved to...

Inflation surged by 5.1pc in September

KARACHI: The Consumer Price Index (CPI) inflation surged by 5.1 per cent on a year-on-year basis in September 2018, as compared to an...

’10 new passenger, 12 freight trains to run in 100 days’

-- Sheikh Rasheed warns divisional superintendents of strict action in case the tracks are not maintained LAHORE: Railways Minister Sheikh Rasheed Ahmad on...

Senate body concerned over underutilisation of PGPC LNG terminal

ISLAMABAD: The Senate’s Standing Committee on Petroleum has raised serious concerns over the underutilisation of the second liquefied natural gas (LNG) terminal operated...

Govt finalises amendments in anti-money laundering laws

-- Finance Minister reiterates govt’s resolve for an effective campaign against money laundering and transfer of money through non-banking channels ISLAMABAD: A high-level meeting...

SBP asked to make ATMs accessible to blind

The State Bank of Pakistan (SBP) has been directed by the government to take necessary measures for making the banking system, especially...

Power division discourages LNG usage to facilitate ‘oil mafia’

Excessive use of furnace oil for electricity generation may cost Rs24bn to national exchequer in four months ISLAMABAD: The use of furnace oil has...

Plan to augment overseas employment in limbo

ISLAMABAD: The plan of the Overseas Employment Corporation (OEC) with regard to launching massive promotional campaigns abroad is still in limbo owing to...

SECP approves first Islamic reinsurance service

Pakistan’s capital market regulator has granted approval to the country’s sole reinsurer to offer sharia-compliant reinsurance, part of efforts to boost the...

Govt to utilise dead assets of loss-making institutions

LAHORE: Information Minister Fawad Chaudhry has said that the government had decided to utilise the dead assets of loss-making national institutions, including Pakistan...

Govt slashes PSDP by Rs125bn

ISLAMABAD: The new government, through its supplementary budget, has slashed the Public Sector Development Programme (PSDP) by Rs125 billion for the ongoing fiscal...

FIA receives list of 300 people with undeclared properties in Dubai

ISLAMABAD: The Federal Board of Revenue (FBR) has handed over to the Federal Investigative Agency (FIA)a list of 300 people who own undeclared...

Weekly inflation goes up by 0.37pc

ISLAMABAD: The weekly inflation for the combined income group witnessed an increase of 0.37 per cent as compared to the previous week. The Sensitive...

Schedule for FATF delegation’s visit to Pakistan finalised

Negotiations to be held in Pakistan from October 7th till 19th The schedule of negotiations between Pakistan and Financial Action Task Force’s Asia Pacific...

Promising again: govt to invite PayPal to Pakistan

-- American company is operating a worldwide online payments system that supports money transfers, serves as an electronic alternative to traditional paper...