FBR to submit reply today in PHC over tax reduction on cigarettes

ISLAMABAD: Federal Board of Revenue (FBR) is set to submit its reply today in Peshawar High Court (PHC) over an amendment in the...

PSO starts new year with a twin crisis of receivables and payables 

PSO’s receivables rise to Rs 853 billion with payables coming in to the tune of Rs 142bn 

Pakistan to challenge $6.2bn Reko Diq penalty: minister

Power Division Minister Omar Ayub Khan said on Monday that Pakistan has decided to challenge the $6.2 billion penalty in the Reko...

LSM output declined 16.08 percent in April compared to March

On a monthly basis, food beverages and tobacco posted 2.97 percent growth, auto sector 1.64 percent, non-metallic mineral products including cement 1.51 percent, coke and petroleum products 1.12 percent

Customs in a jumble as stolen vehicles from Japan worth Rs200m await final decision 

ISLAMABAD: The Collectorate of Customs Lahore is all set to manage Rs200 million worth scandal of 14 luxury V8 Land Cruisers and...

Paypak gets approval to launch its payment services

Lahore: State Bank of Pakistan (SBP) has given approval to Onelink for launching its Paypak payment services. Once Paypak starts its operations commercially,...

OCAC issues warning of “fuel crisis”

ISLAMABAD: News of fuel crisis is again in the offing as oil companies warned about imminent closure of local refineries over the...

Govt waives off Rs208bn GIDC through presidential ordinance

--The amount had already been collected from the people during last five years ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has waived off approximately...

PIA’s sale of A-310 to German Museum questioned

The management of the Pakistan International Airlines (PIA) is showing interest for a possible sale out of an operational A-310 aircraft to...

PPL announces gas discovery at Zafir, Gambat

The Pakistan Petroleum Limited (PPL) on Monday announced gas discovery at Zafir X-I Gambat South Block. An official said that PPL, the operator...

Saeed Ahmad reappointed as Deputy Governor SBP

In pursuance of Section 10(9) of the State Bank of Pakistan (SBP) Act 1956 (amended), the Federal Government has re-appointed Saeed Ahmad...

Honda launches 10th generation Civic 2019 in Pakistan

Honda Atlas Cars Pakistan Limited (HACPL) has launched the eagerly-awaited Civic 2019 – 10th generation, in Pakistan. Following the values that created the...