Govt formally suspends bilateral trade with India
ISLAMABAD: The federal cabinet, in its meeting held under the chair of Prime Minister Imran Khan on Friday, approved complete suspension of...
Brexit turmoil drives UK economy towards recession
LONDON:Â Britain's economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed Friday, placing the country on...
FBR warns public against unregistered businessmen charging sales tax
The Federal Board of Revenue has revealed that the general public has reported complaints against the businessmen who are charging sales tax...
No gas connections for unregistered consumers: FBR
Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has sent letters to the managing directors of Sui Northern Gas Pipeline Limited...
Pakistan, Australia agree to enhance trade ties
ISLAMABAD:Â Commerce Secretary Sardar Ahmad Nawaz Sukhera said on Friday that bilateral trade between Pakistan and Australia couldn't achieve its potential and has...
Govt appoints Aamir Khan as SECP chairman
ISLAMABAD: The federal cabinet on Friday approved the appointment of eminent financial sector professional Aamir Khan as Chairman of the Securities and...
Four banks fined Rs186m over non-compliance of AML laws
ISLAMABAD:Â The State bank of Pakistan, for the first time in its history, has imposed Rs186 million fine on four banks owing to...
Stock market takes a hammering again, index sheds 308 points
KARACHI:Â Continuing with the declining trend, the Pakistan Stock Exchange (PSX) ended the last session ahead of holidays also in the red.
The indices,...
Plastic exports surge 34pc in FY19
ISLAMABAD:Â The export of plastic material from the country witnessed an increase of 33.9pc during the financial year 2018-19, as against the exports...
No action against traders till Sept 30: FBR
Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Thursday held meetings with different groups of traders to discuss taxation-related issues.
"It has...
Gold price surges another Rs550
ISLAMABAD: The price of 24-karat gold jumped by Rs550 and was traded at Rs86,800 per tola, as compared to the last closing...
Govt extends export package to facilitate non-traditional items
ISLAMABAD: The National Assembly was informed on Thursday that government has extended the export enhancement package for another three years with the...
Italy to provide €20.5m for GB’s economic uplift
ISLAMABAD: Italy would provide €20.5 million to support economic transformation initiatives in Gilgit-Baltistan.
Economic Affairs Division Secretary Noor Ahmed and Ambassador of Italy in...
Amid political noise, KSE-100 drops below 30,000 markÂ
KARACHI:Â Shortly after the commencement of the session on Thursday, the worst fears of Pakistan Stock Exchange (PSX) investors became a reality when...
ECC constitutes committee to review cotton pricesÂ
ISLAMABAD:Â Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday chaired a meeting of the Economic Committee of...