NRTC issued licence to manage tobacco tracking system

ISLAMABAD: Federal Board of Revenue (FBR) has granted a licence to National Radio Telecommunication Corporation (NRTC) at price of Rs731 per 1,000...

CPEC committee to take up ML-1 financing issue with China

ISLAMABAD: The Cabinet Committee on China-Pakistan Economic Corridor (CPEC) has decided to take up the financing issue of Main Line-I project with...

Softening demand drags Indian factory growth to two-year low in Oct

BENGALURU: India's factory activity growth hit a two-year low in October as new orders and output rose at a slower pace, dragging business...

Oil rises on hopes for US-China trade deal

LONDON: Oil prices rose on Friday on signs of progress in U.S.-China trade talks and stronger-than-expected economic figures in both countries, including...

World Bank approves $1.9bn for Sindh projects

The World Bank has agreed to provide financial assistance of $1.93 billion to the Sindh government for various new projects, including the...

Footwear exports surge 26pc in 1QFY20

ISLAMABAD: Footwear exports from the country witnessed an increase of 26.3pc during the first quarter of the current financial year (1QFY20), as...

WTO panel rules India export subsidies illegal, upholds US case

GENEVA: A World Trade Organization (WTO) panel has ruled that Indian export subsidies are prohibited and should be removed, upholding a complaint...

PSX turns blind eye to political unrest; index up 173 points

KARACHI: Stocks continued to rally for the second consecutive session as the indices marched north throughout Friday, turning a blind eye to the...

‘Centre, provinces working closely on fiscal, taxation issues’

Dr Hafeez Shaikh says continuous dialogue between centre and provinces has resulted in better budget and expenditure management IMF mission chief...

‘Phase one trade deal with China is in good shape’

WASHINGTON: The initial "phase one" trade pact with China appears to be in good shape and is likely to be signed around...

Govt borrows $2.07bn in loans, grants during 1QFY20

ISLAMABAD: The Pakistan Tehreek Insaf (PTI) government has taken Rs2.075 billion loan/grant during the first quarter of the current fiscal year (FY20). As per...

PM apprised of measures to control interest, inflation rates

State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Thursday apprised the prime minister on the financial strategies to control interest...

Mercantile Pacific appointed as Apple’s authorised distributor for Pakistan

Apple has appointed Mercantile Pacific, Singapore, one of the leading global mobile phone distribution companies, as a regional distributor for Pakistan and...

FBR extends deadline to file income tax returns

The Federal Board of Revenue (FBR) on Thursday extended the deadline for filing of income tax returns for the tax year 2019...

Zaidi content with October tax figures

The Federal Board of Revenue (FBR) collected Rs320 billion in taxes during the month of October, a 16 per cent increase in...