AGP unearths massive corruption in accounts of WAPDA, Ministry of Water Resources

ISLAMABAD: The Auditor General of Pakistan (AGP) has unearthed misuse of public funds to the tune of billions in the accounts of...

OGRA penalises PLL Rs560 mn over cancellation of four LNG cargoes

ISLAMABAD: In a blow to the government’s efforts to promote LNG business in the country, OGRA has imposed a Rs560 million penalty...

Local tile manufacturer urges architects to promote ‘made in Pakistan’ products

ISLAMABAD: Recently, Centro Ceramico, a highly reputable, and one of the biggest tile testing laboratories in the world, has certified Pakistan’s ‘Stile porcelain tiles’...

Senate body recommends increasing tax rate for high-income class

ISLAMABAD: The Senate Standing Committee on Finance has finalised its recommendations for the budget including a suggestion to raise the tax rates...

Oil prices slump as Trump announces exit from Iran nuclear deal

As US President Donald Trump announced that the United States will exit the Iran nuclear deal, oil prices tumbled as media speculation...

LCCI urges FBR to restore FTR for commercial importers

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI)has urged the Federal Board of Revenue (FBR) to give relief to those taxpayers...

PAPCO’s $200 million multi-grade pipeline to be functional next year

KARACHI: The Pak Arab Pipeline Company (PAPCO)’s White Oil pipeline will become multi-grade by the second quarter of 2019, Shell Pakistan’s management told...

SC discards LHC’s stay on DTH licences

ISLAMABAD: Back in November 2016, PEMRA held an auction for three programming licenses for DTH (Direct-to-Home), a digital box that wirelessly airs...

FPCCI seeks representation in the Economic Reform Committee

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Tuesday sought the inclusion of at least two of its representatives in the...

Financial experts call for transparency and effective usage of public funds

ISLAMABAD: Financial experts Tuesday called for a more prudent use of public money, including effective resource allocation, decision and policy making to fight against corruption,...

SC summons reply from FBR, provinces, telcos over unprecedented taxation

ISLAMABAD: The Supreme Court (SC) on Tuesday summoned the federal government, Federal Board of Revenue, provinces and telecom companies to submit a response...

High-level Afghan delegation visits Pakistan to improve bilateral trade 

ISLAMABAD: A high-ranking ministerial delegation from Afghanistan, led by Deputy Minister for Commerce H E Kamila Sidiqi had met with Commerce Secretary...

Why content is king for Propergaanda

When one thinks about hard hitting topics such as social issues and politics, one does not imagine a huge Gaanda aka a...

Alibaba acquires 100 percent stake in Daraz

The financial details of the transaction were not revealed and Daraz would continue to operate under the same brand following the sale to Alibaba, said Rocket Internet.

PTA set to launch DIRBS for blocking stolen, smuggled mobile phones

Unregistered devices will be denied mobile communication service and will be included in blacklist if found operational on the public switched network