Money launderers deserve no concession, maintains PM
–PM reviews steps to counter money laundering, financial corruption
–Six banks fined Rs 247m over fake bank accounts: SBP
–Foreign remittances up by 12.5pc after govt...
CAA halts Shaheen Air’s Islamabad-Dubai-Islamabad route
In a letter served to SAI on Monday, CAA directed the airline to intimate the affected passengers accordingly to avoid any inconvenience.
FBR to witness another month of alarming shortfall in revenue
ISLAMABAD: The Federal Board of Revenue (FBR) is going to witness another month of major shortfall, as the board only managed to...
US seeks to boost trade with Pakistan, says top official
Commerce Secretary Wilbur Ross apprised of Pakistan’s economic reforms, investment opportunities, FATF compliance
Rupee slumps to new historic low of 176.20
The Pakistani rupee lost more ground on Monday, plunging to an all-time low of Rs176.22Â against the United States (US) dollar in...
Amnesty scheme for tax evaders ‘need of the hour’, Umar insists
Finance minister says tax amnesty is controversial, says 'public office-holders, civil servants won't be eligible if scheme does come'
Defends increase...
ADB reaffirms support for Pakistan’s development agenda, Covid-19 response
MANILA: Asian Development Bank (ADB) Vice President Shixin Chen has reaffirmed support for Pakistan’s development efforts and coronavirus pandemic response during a...
Remedial work underway to ensure long-lasting stability: Hafeez Shaikh
'We import virtually everything and we still think the exchange will be kept at a certain level'
'Govt will not take...
Pakistan resolves $1.2bn Karkey dispute with Turkey
The Pakistani government has resolved the Karkey power plant dispute with the help of Turkish President Recep Tayyip Erdogan, Prime Minister Imran...
Commercial airlines get higher fuel bills as they avoid Iran, Iraq
Tokyo: Airlines are getting higher fuel bills as they reroute flights to avoid airspace over Iran and Iraq due to recent heightened...
LSM posts 9pc growth in 9MFY21
Big industries posted 9 per cent growth during the first nine months of current fiscal year but the index slid for the...
Govt decides to withdraw 10pc duty on 1,700cc and above cars
ISLAMABAD:Â Succumbing to the pressure of local car manufacturers/assemblers, the government is all set to withdraw its decision of imposing 10pc federal excise...
Govt not to renew agreements with IPPs, NA body told Â
'Govt-owned power plants that are producing electricity on a higher rate will also be shut down within two years'
Cabinet Committee on Energy extends negotiations with hydel and gas based IPPs for tariff reduction
A separate case is being prepared for hydel and gas IPPs who have not signed the MoUÂ
November CAD widens by $1.9 billion
KARACHI: As per data released by State Bank of Pakistan (SBP), the Current account deficit (CAD) for the first five months of...