US may increase soft assistance to Pakistan despite tensions after Trump’s speech

ISLAMABAD: Unlike the impression that Donald Trump’s recent speech has worsened the already-tense relations between Pakistan and United State of America, the...

Rs7 billion promissory bonds issued: Hammad Azhar

LAHORE: Revenue Minister Hammad Azhar has announced on his official page on social media that the scheme for promissory notes (bond) has...

SBP seeks record of foreign currency buyers from FBR

KARACHI: The State Bank of Pakistan (SBP) has asked the Federal Board of Revenue (FBR) to provide the record of foreign currency buyers...

CPEC investment exceeds $62 billion: Sindh governor

Chinese authorities have approved additional amount for China-Pakistan Economic Corridor (CPEC) reaching the total amount of the economic corridor more than $62...

Uber founder Kalanick leaves board of directors

Uber Technologies Inc on Tuesday said its founder and former CEO Travis Kalanick will resign from the company’s board of directors by...

PM stresses concrete measures to curb smuggling at Pak-Iran border

ISLAMABAD: Prime Minister Imran Khan on Friday stressed the need for Pakistan and Iran to take concrete measures against smuggling and ensure...

PSMA to shut down sugar mills in upcoming season if issues not addressed

ISLAMABAD: Pakistan Sugar Mill Association (PSMA) has decided to shut down sugar mills rather than bearing a loss of Rs15 per kg...

Ministry refers alleged corruption case at KPT to NAB

ISLAMABAD: The Ministry of Maritime Affairs on Wednesday referred a case to the National Accountability Bureau (NAB) to ascertain the alleged corruption...

PM Abbasi inaugurates Jhandial-one while encouraging investment for the sector

By MARYAM GILANI KARACHI: Oil and Gas sector in Pakistan has seen phenomenal growth since the independence in 1947 when oil quantities produced were...

Govt shortens release time for PSDP funds

ISLAMABAD: The government on Thursday decided to release half of the funds earmarked under the Public Sector Development Programme (PSDP) in the...

Banking sector performance report for 1st quarter released by SBP

KARACHI The deposits of the banking sector have gone up by one per cent in the first quarter (Jan-Mar) of the calendar year...

Dr Kaiser Waheed appointed FPCCI Standing Committee on Pharma Chairman

KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry Ghazanfar Bilour has appointed Dr Shaikh Kaiser Waheed as FPCCI...

WTO to set up panel to judge US-China solar panel dispute

GENEVA: The World Trade Organization agreed Thursday to China's request to create a dispute panel tasked with judging whether US tariffs on solar...

Senators provide recommendations to improve finance bill

However, Senators from opposition benches criticized the bill, suggesting the government to include inputs from the parliamentarians for further improving it

Planning Commission of Pakistan to work for conserving water resources

ISLAMABAD The Planning Commission believes that water conservation can play an important role in sustaining agricultural development. This requires substantial improvements in water...