Government realises need to devolve education, health to districts: Ahsan Iqbal

ISLAMABAD: Planning, Development and Reform Federal Minister Ahsan Iqbal has maintained that the government while devising an action plan for the implementation...

SWIFT makes headlines as hackers steal $6mn from Russian bank

MAGNITOGORSK: Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international...

Market Daily: KSE 100 breaks 43,000 psychological barrier, gains 684.75 points

LAHORE: After two turbulent sessions at Pakistan Stock Exchange (PSX), just when it looked like things were going to fall apart, they...

NTDC fined Rs10mn for delaying projects

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs 10 million on M/s National Transmission and Despatch Company...

CCP issues show cause notices to Diamond paints, dealers for entering cartel agreement

ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued Show Cause Notices to Diamond Paints Industries (Pvt.) Ltd. and its dealers for...

Govt to evolve comprehensive STPF -2018-23 for increasing country’s trade

ISLAMABAD: Ministry of Commerce and Textile Industry Federal Secretary Muhammad Younas Dhaga on Wednesday said that it was a priority of the...

Chief Secretaries cannot be made member of ECC: Senate told

ISLAMABAD: Parliamentary Affairs Minister Aftab Ahmed Sheikh on Wednesday apprised the Senate that under rules of business chief secretaries of the provinces...

NA body approves PSDP proposals, projects worth Rs8.455bn

ISLAMABAD: The National Assembly's Standing Committee on Finance and Revenue Wednesday approved the allocation of Rs 2.3 billion for its eight development...

MoIP proposes 55 developmental projects for PSDP 2018-19

ISLAMABAD: Ministry of Industries and Production has proposed 55 new projects for funding under Public Sector Development Programme (PSDP) 2018-19 in order...

400 Pakistanis put on FBR’s list for possessing real estate in UAE

ISLAMABAD: The Federal Board of Revenue (FBR) has listed 400 Pakistanis who own real estate in the United Arab Emirates (UAE), after...

Real estate sector amnesty scheme aimed at legitimising black money

ISLAMABAD: In an apparent wish to have an amnesty scheme for investors in the real estate sector, builders and developers have enquired...

CDWP approves 24 projects worth Rs284.8bn

ISLAMABAD: Central Development Working Party (CDWP) approved 24 projects worth Rs184.8 billion out of which 10 projects worth Rs169.6 billion were referred to...

IMF’s Lagarde says market swings aren’t worrying, but wants reforms

DUBAI: Sharp swings in global financial markets in the past few days are not worrying since economic growth is strong but reforms...

Business community urges government to pass Rent Control Act

ISLAMABAD: Business community, on Sunday, urged the government for taking appropriate measures to pass the amended Rent Control Act for Islamabad during the...

War on terror costs 5.5 times more than US support: Pasha

KARACHI: Noted economist Dr Hafiz Pasha said on Saturday that the gap between the rich and the poor has widened by one-third...