Strong manufacturing base key to 7pc growth rate, says Haroon Akhtar
ISLAMABAD:Â Special Assistant to the Prime Minister on Revenue/Federal Minister Senator Haroon Akhtar Khan has said the government is aware of the need...
Asian stock markets rise after tech share lead rally on Wall Street
TOKYO: Shares rose in Asia on Friday after technology and consumer-focused stocks led an overnight rally on Wall Street, marking a dramatic...
CCoP expected to give clearance to K-Electric sale
ISLAMABAD: The Cabinet Committee on Privatization (CCoP) meeting scheduled for Friday is set to take-up and give clearance for K-Electrics acquisition by...
FBR proposes rise in taxes on edible oil imports
ISLAMABAD: A rise in taxes on import of edible oil in next financial year's budget for 2018-19 has been requested by the...
Punjab to impose 5 percent tax on Uber, Careem in upcoming FY 2018-19 budget
LAHORE: Punjab’s next financial year’s 2018-19 budget is expected to introduce taxes for ride-hailing services like Uber and also rent-a-car services.
The provincial...
Abraaj to shed 15 percent jobs globally
LAHORE: Abraaj Group woes don’t seem to be ending, as it is shedding 15 percent of its total workforce, as the largest...
Kapco challenges Rs27.727 billion penalty, initiates arbitration proceedings against Wapda
LAHORE: A notification sent to the Pakistan Stock Exchange (PSX) on Thursday by Pakistan’s biggest independent power producer Kot Addu Power Company...
Common standards for SAARC countries on food items approved
LAHORE: South Asian Association for Regional Cooperation (SAARC) nations have approved harmonised and uniform standards for three food items.
While the final common...
Contract inked for 660MW power production of JCFPP
ISLAMABAD: An Engineering, Procurement, and Construction (EPC) contract for the first unit with a capacity of 660MW (out of two units of 660MW each), and...
Non-payment of subsidy adding to fertilizer manufacturers’ woes
ISLAMABAD:Â As the next budget is likely to be announced by the end of April, the government has yet to fulfill the commitments...
Monetary policy for next two months to be announced today
ISLAMABAD: Economists have dubbed the devaluation of rupee against dollar a preface to horrendous of inflation. The monetary policy for the next...
Pakistan has become a country of opportunity for German investors: Envoy
ISLAMABAD: Special Assistant to the Prime Minister on Revenue, Federal Minister and Senator, Haroon Akhtar Khan has said the resolve and sacrifices...
APTMA delegation meets Miftah Ismail
ISLAMABAD:Â A delegation of All Pakistan Textile Mills Association (APTMA) had a meeting with Adviser to Prime Minister on Finance Dr Miftah...
CDWP approves 33 projects worth Rs50.5 billion
ISLAMABAD: Central Development Working Party (CDWP) approved 33 projects worth Rs50.5 billion out of which two projects worth Rs22.5 billion were referred...
Market Daily: PSX settles up amid SBP policy announcementÂ
LAHORE:Â The Pakistan Stock Exchange (PSX) carried forward its momentum from the second half of the last session and moved north. The market...