SBP governor hails economic progress
State Bank of Pakistan Governor Dr Reza Baqir on Tuesday hailed the recent economic achievements of Pakistan, reaffirmed by American credit rating...
FBR directed to expedite sales tax refund process
Hafeez Shaikh gives FBR one week to simplify the H-form for exporters seeking refund claims
Portugal to help Pakistan retain GSP-Plus status: Sarwar
Punjab Governor Chaudhry Muhammad Sarwar has said that Portugal would help Islamabad retain the GSP-Plus status, a facility that provides Pakistani products...
India seen making sixth interest rate cut, but no cure for economy’s ills
MUMBAI: Five interest rate cuts since the start of the year hasn’t stopped India’s economy from slowing to its weakest growth rate since...
OICCI stresses need for robust enforcement of IPR laws
Overseas Investors Chamber of Commerce and Industry (OICCI) on Tuesday announced the key findings of its latest Intellectual Property Rights (IPR) Survey.
The...
Oil steadies as Riyadh pushes for further supply cuts
LONDON: Oil prices steadied around $61 a barrel on Tuesday as rising expectations of deeper output cuts from OPEC and its allies were...
Interest rate may come down next month: Hafeez Shaikh
Finance adviser says shortfall in FBR target will be met through non-tax revenue of Rs1.2tr
Punjab sugar mills halt crushing owing to ‘non-availability of sugarcane’
LAHORE: Punjab sugar mill owners on Tuesday stopped their crushing processes and decided to close their mills owing to "non-availability of sugarcane".
Around...
‘Efforts underway to bridge digital divide between urban, remote areas’
ISLAMABAD: Planning and Development Minister Asad Umar said on Tuesday that efforts were being made to bridge the digital gap between the...
NAB files reference against Abbasi, Miftah in LNG import case
ISLAMABAD: The National Accountability Bureau (NAB) Rawalpindi on Tuesday filed a reference against former prime minister Shahid Khaqan Abbasi, former finance minister Miftah...
SECP issues revised AML/CFT guidelines for NPOs
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued revised and more elaborative Anti-Money Laundering and Counter Financial Terrorism (AML/CFT)...
Bears return as KSE-100 sheds 335 points
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) seemed exhausted on Tuesday, as the indices, which opened on a positive note, failed...
Malik Riaz agrees for £190m settlement with UK investigators
'The assets will be handed over to the Pakistani government'
Trump says China trade deal might have to wait for 2020 election
LONDON: US President Donald Trump said a trade agreement with China might have to wait until after the US presidential election in...
‘Govt striving to harness water resources for energy generation’
Power Division Minister Omar Ayub Khan on Monday stressed the need for careful utilization of water as water storage capacity was fast...
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The spectacular decline of Hubco
It is not every day one can characterize a company that made Rs11.9 billion in profits last year as struggling, but there is no...
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ADB approves $1.3bn loan for Pakistan
Bank approves $1bn to shore up Pakistan's forex reserves and $300m to help the govt uplift energy sector
