Sindh likely to ask FBR to collect withholding tax itself
KARACHI:Â The Sindh government is thinking that the Federal Board of Revenue (FBR) should be told that the provincial Motor Vehicle Registration wings...
Amid tall govt claims, exports fall 3.17pc in Jan
ISLAMABAD:Â The country's exports registered a 3.17 per cent decline in January this year as compared to the corresponding month of last year.
This...
Allied Bank’s profit after tax grows 11.2pc to Rs14.5bn
LAHORE: The Board of Directors of Allied Bank met on Friday to review the bank’s performance and announce its financial statements for the...
No mini-budget in the offing, says minister
Economic Affairs Minister Hammad Azhar has categorically dispelled the impression that the incumbent government has any plan to introduce a mini-budget.
Talking to...
PSX suspends trading of two Diamond Group companies
LAHORE: The Pakistan Stock Exchange (PSX) on Friday suspended trading in the shares of Diamond Industries Limited (DIIL) and Shaffi Chemical Industries...
Bears keep control as index sheds 580 points
KSE-100's weekly return clocks in at -3.57pc
China to halve tariffs on $75 billion of US importsÂ
BEIJING: China said it would halve tariffs on $75 billion worth of US imports as part of its trade truce with Washington...
Foreign exchange reserves jump $359m to $12.3bn
The foreign exchange reserves held by the central bank increased 3 per cent on a weekly basis, according to data released by...
Bourse turns bearish, KSE-100 sheds 159 points
KARACHI: The Pakistan Stock Exchange failed to sustain bullish trend on Thursday as KSE-100 Index closed on negative note despite upward trajectory...
FBR says didn’t ask IMF for revision in revenue target
ISLAMABAD: The Federal Board of Revenue has not requested the International Monetary Fund (IMF) for downward revision in the annual revenue target,...
PSO lands in trouble as default risk mounts
Non-payment may hamper jet fuel supplies to defence forces, commercial airlines
SadaPay, another mobile wallet, aims to disrupt local banking
LAHORE:Â SadaPay, a mobile wallet, is all set to launch in Pakistan with a different perspective on fees and charges, providing customers ability...
FFC inaugurates ‘agriculture centre’ in Rahim Yar Khan
Fauji Fertilizer Company (FFC) has formally inaugurated its non-profit 'Food Security and Agriculture Center of Excellence' at Rahim Yar Khan with the...
US annual trade deficit shrinks for first time in six years
WASHINGTON: The US trade deficit fell for the first time in six years in 2019 as the White House’s trade war with China...
Oil jumps 3pc on reports of effective coronavirus drug
LONDON: Oil prices jumped by more than 3pc on Wednesday on media reports that scientists have developed a drug against the fast-spreading...