PM orders early revival of Pakistan Steel Mills

'Destruction of a profit-making entity is the manifestation of maladministration on part of previous govts' ISLAMABAD: Prime Minister Imran Khan on Monday directed...

Audit unearths corruption worth billions in NHA projects

ISLAMABAD: A special audit conducted by the Auditor General of Pakistan (AGP) has unearthed corruption worth billions of rupees in the National...

Two new names emerge for BOP presidentship after SBP shoots down Talib Rizvi’s appointment

Editor's Note: An earlier version of this news item mentioned a few allegations that could not be independently verified and hence have...

Major discrepancies between FBR and SBP in tax receipts

Major discrepancies ranging between Rs10-24 billion have been found in the tax receipts data reported by the Federal Board of Revenue (FBR)...

Consumer inflation increases 10.3pc in July

ISLAMABAD: Pakistan's Consumer Price Index (CPI)-based inflation rate accelerated to 10.3pc year-on-year in July, from 8.9pc a month earlier, driven by higher...

Tauseef H. Farooqi appointed as NEPRA chairman

The government on Wednesday appointed Tauseef H Farooqi as Chairman of the National Electric Power Regulatory Authority (NEPRA) for a term of...

Asad Umar warns of peak inflation in next four months

Former finance minister Asad Umar said late Tuesday that according to his assessment inflation rates would peak in the next two to...

Relief for common man as ECC revises gas tariff for tandoors

Gas prices for tandoors will be reverted back to the position of 30th June Committee okays imposition of 10pc regulatory duty...

Govt tightens screws on money laundering

NA body approves bill under which accused can get 10-year imprisonment and fine of Rs5m Investigating agencies can arrest suspects without...

OGRA proposes Rs5.15 per litre hike in petrol price

The Oil and Gas Regulatory Authority (OGRA) on Tuesday proposed a hike of Rs5.15 per litre in petrol price from August 1,...

The dirty business of television ratings

Advertising has become spooky. Just imagine, how many times has it happened that you have nonchalantly Googled something – anything – a...

PM chose IMF deal despite alternate solution: Asad Umar

Asad Umar has revealed that Prime Minister Imran Khan was provided with an alternative solution to deal with the country’s financial crunch...

US likely to revise travel advisory for Pakistan: Dawood

‘Six US trade delegations will visit Pakistan in the next five months’ ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood has...

Germany to provide €22.4m for development projects in Pakistan

ISLAMABAD: Pakistan and Germany on Friday signed a financial agreement worth €22.4 million to support existing projects in the areas of renewable energy,...

Finance adviser, SBP governor meet IMF, WB officials in Washington

Adviser to Prime Minister on Finance & Revenue Dr Abdul Hafeez Shaikh and State Bank of Pakistan Governor Dr Reza Baqir spent...