PTA’s member enforcement assures adherence to PM’s directions

ISLAMABAD: Pakistan Telecommunication Authority (PTA) member enforcement has finally assured the Prime Minister (PM) that his directions regarding the exercise of PTA...

FBR collects Rs579mn less tax from mobile phone operators

ISLAMABAD: The Federal Board of Revenue (FBR) failed to maintain last year’s performance on the collection of withholding tax from mobile phone operators...

Fiscal deficit widens to 2.2pc in first six months

ISLAMABAD: The debt-ridden government of Pakistan spent Rs 796.3 billion, which is 2.2 per cent of the nation’s GDP, more than it...

Government to sell PIA’s minority share of 49pc by April 15

ISLAMABAD: While the opposition parties are concerned about the mode of government in privatisation of Pakistan International Airline (PIA) just ahead of...

European Parliament shows satisfaction over Pakistan’s progress under GSP+

ISLAMABAD: The European Parliament expressed satisfaction on the progress achieved by Pakistan in enacting new laws and developing new institutions for the...

Govt aiming for pro-investment, pro-business budget, ADB told

ISLAMABAD: Special Assistant to the Prime Minister on Revenue and Federal Minister Haroon Akhtar Khan said the government is aiming for a...

Market Daily: KSE 100 plunges 707.85 points intraday

LAHORE: The Pakistan Stock Exchange (PSX) did not perform on Tuesday as investors lacked positive triggers. Moreover, sentiments looked bearish as Adviser...

LPG prices to reduce by Rs15 next month: Irfan Khokhhar

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Standing Committee on Liquefied Petroleum Gas (LPG) Chairman Irfan Khokhhar on Sunday...

Pak-Russia bilateral trade shows 33pc increase

PESHAWAR: The bilateral trade between Pakistan and Russia has shown an increase of 33 per cent during the last one year, but...

All parties should develop consensus on Economic Roadmap: Rana Afzal

ISLAMABAD: Minister of the State for Finance and Economic Affairs Rana Muhammad Afzal Khan has stressed that all political parties should develop...

Sirajuddin Aziz joins Habib Bank AG Zurich as Group Financial Institutions CEO

KARACHI: Sirajuddin Aziz has been elevated as the Group Financial Institutions CEO, along with being entrusted with other responsibilities, in Habib Bank...

OGDCL net sales revenue increases by 18pc to Rs95.960bn

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) net sales revenue increased by 18 per cent to Rs95.960 billion compared to Rs81.081...

Khushhali Microfinance Bank posts 40pc increase in pre-tax profits

KARACHI: Khushhali Microfinance Bank Limited (KMBL) posted its financial results for the year 2017 on February 14, 2018, in Islamabad, posting appreciable...

FBR overlooks tax case against Grand Hyatt allottees

ISLAMABAD: The high ups of Federal Board of Revenue (FBR) have overlooked a tax case against the buyers of Grand Hyatt apartments,...

Market Daily: Indices succumb to late selling, shed 54.43 points

LAHORE: As the international anti-money laundering watchdog moves close to putting Pakistan on the global grey list, investors thought it wise to...