‘First right to purchase’ property unlikely to find takers
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi’s pet scheme to acquire the ‘first right to buy’ a property in a bid to discourage tax...
Rs100b allocated for Diamer-Bhasha, Dasu dams: Rana Afzal
ISLAMABAD: State Minister for Finance Rana Muhammad Afzal Khan on Friday informed the Senate that Rs100 billion had been allocated in the...
Public-private partnership critical for bilateral growth with China
ISLAMABAD: Senate Deputy Chairman Senator Saleem Mandviwalla has said that Chinese investors should benefit from the investment potential in Pakistan and explore the...
Govt urged to focus on youth for sustainable economic growth: ICCI
ISLAMABAD: Islamabad Chamber of Commerce and Industry's (ICCIs) President Sheikh Amir Waheed has called upon the government to focus on the development of...
Energy sector’s circular debt soars to Rs500 bn, govt to pay off Rs100 bn
KARACHI: Rising on a yearly basis, circular debt is especially prevalent in the oil and gas sector of the country. At present,...
Meezan Bank partners with IoBM to launch MBA focused on SME banking
KARACHI: Meezan Bank, Pakistan’s first and largest Islamic bank, and the Institute of Business Management (IoBM) from Karachi recently signed a Memorandum...
JS Bank denies claims regarding deposits made by CAA worth Rs5bn
Following an article published in Pakistan Today on March 23, 2018, titled, “CAA deposits Rs5bn in Ali Jehangir Siddiqui’s JS Bank, violating Finance Division’s Rules”, JS Bank has issued a rebuttal denying all claims and facts presented.
US showcases agricultural partnership at Expo in Lahore
LAHORE: The Embassy of the United States of America showcased its long-standing support for Pakistan’s agriculture sector with a pavilion at the...
Market Daily: Indices continue to bleed, shed 640.19 points intraday
The KSE 100 index had a huge fall, chopping off 640.19 points to fall to intraday low of 44,556.18. it settled with a loss of 1.01 per cent or 449.74 points at 44,746.63.
Super-tax will continue being a drag on bank’s profits: Moody’s
Moody's says the extension of super-tax for banks is a credit negative move
Pakistan’s wheat exports in April touch highest level since independence
Wheat is being exported to Oman, Indonesia, Dubai, Muscat and Bangladesh at a price of $185-200 per ton
Oil prices dip, as US crude inventories soar
U.S. oil production also hit a fresh record of 10.62 million barrels per day (bpd), a jump of more than a quarter since mid-2016
Currency swap agreement with Pakistan on horizon: Iranian Ambassador
From July-March of the current financial year 2017-18, trade figures registered a fall as imports from Iran were recorded at $5 million compared to exports of $17.155 million, as per Ministry of Finance figures
Delays caused Neelum-Jhelum project cost to balloon to Rs500 billion
The cost of this project had been revised upwards to Rs404 billion from Rs275 billion in December 2015 by the present government
OGRA recommends giving 33 licences for LPG sector
OGRA’s annual report for the year 2016-17 said it had issued around 21 licences to different companies pertaining to the regulated gas sector since 2002