DRAP okays 10pc hike in medicine prices

ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) approved an increase of up to 10 per cent in prices of medicines on Saturday. According...

SBP allows pilot operation of e-commerce payment gateway

KARACHI: The State Bank of Pakistan (SBP) has given approval to the e-commerce payment gateway “PayFast” to start its operations. The product is...

Lockdowns, power cuts add to KP furniture industry’s woes 

PESHAWAR: Khyber Pakhtunkhwa’s (KP) furniture industry is bearing the adverse economic impact of prolonged coronavirus lockdowns and electricity load-shedding and power cuts...

PM refrained from reducing levy on POL products last month

'The prime minister was given an option to either reduce petroleum levy or implement the proposed increase for 36 days'

FBR reshuffles senior officials

ISLAMABAD: The  Federal Board of Revenue (FBR) on Friday, reshuffled key members of Inland Revenue Service (IRS). The reallocated members include members of...

Oil tankers association ends strike on govt assurances

Irked by the increase in income and toll taxes, the association had earlier threatened to discontinue supply across the country 

NPMC urges provincial govts to control increasing prices, cartelisation

ISLAMABAD: The National Price Monitoring Committee (NPMC) on Friday advised relevant authorities and provincial governments to ensure smooth supply of essential food...

Trade with Afghanistan increased 25pc despite Covid-19, NA told

ISLAMABAD: Parliamentary Secretary for Foreign Affairs Andleeb Abbas on Friday informed the National Assembly that despite Covid-19, trade with Afghanistan had increased by...

OGRA dysfunctional as chairperson Uzma Adil retires

With an incomplete quorum, OGRA will not be able to take important decisions pertaining to licences and tariffs

Food ministry committed to facilitating wheat importers

ISLAMABAD: The Ministry of National Food Security and Research on Friday said that it will facilitate wheat importers in order to meet...

DG Audit takes notice of land lease agreement with Shazain Bugti, brothers

ISLAMABAD: The Auditor General of Pakistan has taken notice of alleged land lease agreement of Oil and Gas Development Company Limited (OGDCL)...

FBR directed to clear all income tax refunds of up to Rs50m 

Hafeez Shaikh says govt will spend Rs40bn in the next two weeks to pay off all income tax refunds of up to Rs50m

PM postpones decision to increase power tariff for K-Electric consumers

ECC had earlier approved Rs2.79 per unit hike in K-Electric's tariff

Sukkur-Hyderabad Motorway among Rs289bn projects approved by ECNEC 

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) on Thursday approved four projects worth Rs289 billion pertaining to the construction...
Hammad Azhar

Pakistan Steel Mills to be run as a joint venture with private sector, says Hammad Azhar

ISLAMABAD: Federal Minister for Industries and Production Muhammad Hamad Azhar on Wednesday rejected rumors regarding privatisation of Pakistan Steel Mills (PSM) and...