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:Â The use of furnace oil has...
Plan to augment overseas employment in limbo
ISLAMABAD:Â 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:Â 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:Â 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:Â 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:Â 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...
Petroleum prices likely to remain the same for October
OGRA recommends at least Rs4.50 per litre increase
ISLAMABAD:Â The government is unlikely to increase the prices of petroleum products (POL) for the next...
Kuwaiti commerce minister calls on PM Imran
PM says Pakistan wishes to see an early and amicable resolution of the Gulf crisis
ISLAMABAD:Â Kuwait Minister of Commerce and Industry Khaled Nasser...
Rs1.16 increase in electricity prices approved Â
CPPA had initially requested a Rs1.50 increase in electricity prices
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved an increase...
Senate committee rejects collecting additional income tax from July Â
Haroon Akhtar says govt removing restrictions on non-filers to please a ‘powerful lobby’
ISLAMABAD:Â The government on Wednesday faced a setback as the...
Govt to remove heads of financial institutions
‘Previous finance minister had appointed them without taking the approval from federal cabinet’
ISLAMABAD: The government has decided to remove the heads of...
FBR lauded for formulating business-friendly policies Â
ISLAMABAD: Participants at a workshop on Wednesday hailed the Federal Board of Revenue’s initiative of doing away with the traditional, one-way communication of...