Revisions in aid to Pakistan unlikely to shake its finances: Moody’s

LAHORE: International rating agency Moody’s Investors Service (Moody’s) has maintained that Trump administration’s revision of US military aid is highly unlikely to...

FPCCI requests FBR to restore audit immunity for commercial importers

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the Federal Board of Revenue (FBR) to restore audit...

FBR urged to withdraw discretionary powers of IR officials: FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its proposals being prepared by the Budget Advisory Council under...

FDI jumps to 15.6pc, adding $262.5 mn from last year

KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5...

NAB increases scrutiny, seeks proper documentation for major agreements

ISLAMABAD: The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements...

Rs7.5 bn reimbursed to 149,695 students from underdeveloped districts

ISLAMABAD: Under Prime Minister’s Fee Reimbursement Scheme, an amount of Rs7.5 billion has been reimbursed to around 149,695 students belonging to less...

China voices firm stance on debt control

BEIJING: China is confident of fully forestalling systemic risks, the country's finance minister said on Wednesday, voicing firm stance on debt control. The...

Govt committed to an economically strong Pakistan: Ahsan Iqbal

  ISLAMABAD: Minister for Planning, Development and Reform Dr Ahsan Iqbal Wednesday said the government was committed to create an economically strong Pakistan...

US companies eager to participate in Pakistan’s energy sector: David Hale

ISLAMABAD: The US Ambassador to Pakistan David Hale has said that US companies are eager to participate and compete in the energy...

FPCCI fails business community, causes international embarrassment

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) as a national chamber has lost its credibility to represent the...

Weekly inflation rises 0.03 per cent

ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on March 01 for the combined income groups witnessed...

Tax evasion, ghost manufacturers baffle FBR

ISLAMABAD: Nearly 200 ghost companies have been found by the tax authorities claiming to be manufacturers but with fictitious addresses that were...

Pakistan’s CPI surges by 3.8% in February 2018

KARACHI: The country’s Consumer Price Index (CPI) which measures average change over time in the prices for a market basket of consumer...

Current Account deficit to reach $15-16 billion this year: MoF

ISLAMABAD: With a whopping increase by $4 billion, the current account deficit in this financial year is feared to reach $15 to...

PTEA urges govt to remove major obstacles in export growth

FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has urged the government to immediately remove obstacles affecting export growth. An extreme cash flow...