Budget likely to be postponed till mid-June

'Finance ministry needs more time to finalise the budget papers in light of the expected IMF programme' ISLAMABAD: Amidst prolonged negotiations with the...

Shabbar Zaidi appointed as FBR chairman

Prime Minister Imran Khan on Monday announced that the government has appointed renowned economist and tax affairs expert Syed Shabbar Zaidi as...

Will Askari Bank’s new CEO succeed in his desire to shake the bank out of its stupor?

Abid Sattar took over as the CEO of Askari Bank in August 2018. Somebody forgot to tell his LinkedIn profile, which still...

How Iqbal Z Ahmed became the Gas King of Pakistan

Search for Iqbal Z Ahmed on the internet and you will find stories of how one man has hijacked the energy sector...

IMF man to head State Bank of Pakistan

IMF's resident director for Egypt Dr Reza Baqir appointed as governor of central bank for three years Dr Ahmed Mujtaba Memon...

SBP governor Tariq Bajwa, FBR chief Jahanzeb Khan shown the door

In a late night move, the federal government on Friday removed State Bank of Pakistan (SBP) Governor Tariq Bajwa and Federal Board...

Petrol to touch Rs108 after ECC okays hike

'Oil prices had gone up in int'l markets owing to new sanctions imposed by US President Donald Trump on Iran' The Economic...

‘Budget to focus on macroeconomic stability, welfare of vulnerable segments’

PM's adviser says the IMF programme will create a platform for sustainable macroeconomic stability in Pakistan Says it is not in...

Telcos decide to move court for clarification on licence renewal terms

'With just a couple of weeks remaining, telcos still remain clueless about the govt's licence renewal policy' Jazz and Telenor have decided...

IMF seeks 25 per cent tariff hike amid bailout discussions

If the current government fails to control its losses then it would need to collect Rs367 billion in FY 2018-19 and Rs384 billion in FY 2019-20 in the form of increased tariffs.

Qatar agrees to supply LNG to Pakistan on low rates: sources

'The new LNG supply agreements will help Pakistan save approximately $2.5bn in 10 years' ISLAMABAD: The government has convinced Qatar to supply 400...

SC restores taxes on cellular top-up

CJP says apex court will not intervene in public revenue and tax collection propositions ISLAMABAD: The Supreme Court (SC) on Wednesday ordered the restoration...

‘Govt to present next budget by end of May’

Finance secretary says assets declaration scheme will be finalised by next week with amendments directed by Dr Hafeez Shaikh ISLAMABAD: The government will...

Pakistan, South Korea sign framework arrangement worth $500m

Under the arrangement, South Korea will provide long-term concessional financing for the execution of various development projects in Pakistan ISLAMABAD: Adviser to Prime...

What on earth happened to TCS & can Saira Awan fix it?

The pace of change can sometimes overtake even the best companies, including those that have achieved the coveted “verb status”. In most...