‘Revenue collection surges 16.3pc to Rs2.08tr’
ISLAMABAD:Â The Federal Board of Revenue (FBR) has said that tax collection in the first six months stood at Rs2,083 billion, which was...
PM inaugurates Huawei ICT Lab at NAMAL
Prime Minister Imran Khan on Saturday inaugurated Huawei ICT Lab at NAMAL University, Mianwali, where he was briefed about the state-of-the-art information...
New tax ordinance may threaten fertiliser supply
LAHORE:Â Stakeholders in the fertiliser industry have expressed their fears that the recent tax ordinance passed by the federal government on 26th December...
Weekly inflation increases 0.74pc Â
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on January 2 increased by 0.74pc as compared to the...
Shah Maqsood-Abbottabad section of Hazara Motorway opens for public
ABBOTTABAD: The Shah Maqsood-Abbottabad section of Hazara Motorway was opened for public on Saturday.
According to details, Hazara Motorway section–I was initially opened...
AdTech startup Screen-IT raises $250,000 in seed funding
LAHORE: Digital advertising startup Screen-IT raised $250,000 in seed funding from Germany-based Coeus Solutions.
Screen-IT CEO Hamza Malik told Profit that Coeus Solutions...
Dual nationals shortlisted for SNGPL MD’s position
ISLAMABAD: The Petroleum Division has recommended the names of two dual nationals for the important position of managing director/chief executive officer of...
FBR’s Benami Authority barred from taking action against Arif Habib LtdÂ
ISLAMABAD: The Sindh High Court (SHC) on Friday barred the Benami Transaction Adjudicating Authority of the Federal Board of Revenue (FBR) from...
Uber’s acquisition of Careem closes; CCP yet to approve it for Pakistan
ISLAMABAD: San Francisco based ride-hailing company Uber on Friday confirmed the official close of the previously announced acquisition of Middle Eastern company...
Musk defies skeptics, meets Tesla delivery goal; shares hit record
Tesla Inc beat Wall Street estimates for annual vehicle deliveries and met the low-end of its own target, sending shares to a...
December US factory activity weakest in a decadeÂ
The US manufacturing sector contracted in December by the most in more than a decade with order volumes crashing to near an...
PIAF concerned as big industry contracts for 11th consecutive month
LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has raised serious concerns over the continuous decline in the large-scale manufacturing index (LSMI),...
Cotton arrivals fall 20pc to 8.1m bales
MULTAN:Â Seed cotton (Phutti) equivalent to 8.13 million bales reached ginneries across Pakistan till Jan 1, 2020, registering 20.77pc shortfall compared to the...
Oil prices surge, markets sit up, PSX falters after Gen Soleimani’s death
Bull-run ends at PSX as world markets react to the significant escalation in Middle East tensionsÂ
Xiaomi to invest $7bn in 5G, AI and IoT over next five years
BEIJING: Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence and fifth-generation internet technologies...