Finance team charts out strategy to face Parliamentary grilling from today

The government’s finance team spent a busy day on Monday charting out its strategy to face a volley of critical questions from the parliamentarians,...

Govt allows ‘duty exemptions’ on imports by rulers of Qatar, UAE, and Bahrain

Ostensibly to solidify a personal relationship with the ruling elite of Qatar, Pakistan Muslim League-Nawaz (PML-N) government has granted duty exemption to the imports...

Indirect taxes continue hurting the poorest of the poor

Like the previous budgets, the government, instead of reducing inequalities and burden of taxes on the poor, continued indirect taxes as 60 per cent...

LSM registers impressive 5.1pc growth during 9 months

Large Scale Manufacturing (LSM) in the country has witnessed an impressive 5.1 per cent growth during first three-quarters of current fiscal year as compared...

SECP approves measures for seamless flux of capital

The MSCI reclassified Pakistan as an Emerging Market (EM) on June 14, 2016, which was to take effect from June 1, 2017. The rebalancing of...

The Turnaround King

The career of a banker typically starts from an entry level position and consists of many shifts that include working at a variety of...

Business vs Ethics: The colour of corruption

This is the story of dodgy payments and shady business practices involving some of the largest, most powerful companies in Pakistan, at least two...

Crude petroleum exports reach $5.889m in July-March 2016-17

The year-on-year exports of petroleum (crude) increased by 47.49 percent during the month of March 2017 as compared to the same month of last...

Budget 2017-18: E-payment gateway to be launched by SBP at cost of Rs200m

The budget presented by Finance Minister Ishaq Dar on Friday for financial year 2017-18 has introduced certain measures for the benefit of the information...

FINCA: Leading the way towards increased financial inclusion

Microfinance model was introduced four decades ago with the hopes of revolutionizing lending. There were high hopes of uplifting the not-haves of the society....

Telecom revenues reach Rs 234.9 bln in six months 

  The revenues from the telecom sector, amid the introduction of new and innovative services, have reached around Rs 234.9 billion during the first two...

Oil prices go up slightly on Friday after extension in output cut

Oil prices edged up on Friday but markets remained on the back foot after tumbling in the previous session when OPEC and allied producers...

Implementation of textile policy is priority of govt

The government is working to implement the textile policy 2014-15 on priority in its true spirit and for the maximum benefit of the industrial...

NEPRA approves reduction in power tariff of Rs 1.96/unit

The National Electric Power Regulatory Authority (Nepra) on Thursday approved Rs1.96/unit reduction in the power tariff under fuel price adjustment for the month of...

Recoveries from power consumers reach 94.4pc: Economic survey 2016-17

Pakistan’s installed capacity of power generation reached 25,100 megawatts in financial year 2016-17 in comparison to 22,900 MW a year ago. This was reported...

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