No plan to avoid oil shortage as petroleum minister shifts attention to hoarders Â
ISLAMABAD: Instead of announcing a quick and effective strategy to deal with the ongoing shortage of petroleum products in various parts of...
The downsizing rigmarole continues
When it rains, it pours. And Pakistan’s startup ecosystem has caught the worst part of it for the past year or so....
Financial inclusion in Pakistan increases to 30%
KARACHI: Financial inclusion in Pakistan has increased by 9 basis points from 2020 to 2022 and women’s access, specifically has hit a...
Why is it taking so long to decide the NBP president?
ISLAMABAD: The Federal Cabinet has directed the Finance division to re-advertise the post of President National Bank of Pakistan.
Earlier on Tuesday, the...
Rupee-denominated Naya Pakistan Certificates’ rates of return increasedÂ
ISLAMABAD: The government on Tuesday revised the rates of return for rupee denominated Islamic Naya Pakistan Certificates (NPC) of different maturities.
According to...
Imports restrictions, non release of machines hampering coal miningÂ
ISLAMABAD: Amidst an economic crisis, and the country scrambling for cheap energy, restrictions on imports and non release of machinery are severely...
Privatisation of prime Lahore real estate incomplete despite full payment by bidder
ISLAMABAD: The controversial privatisation of Services International Hotel (SIH) in Lahore continues to remain incomplete despite the hotel's buyer already having paid...
LHC sides with consumers in case against NEPRA
ISLAMABAD: On Monday, February 6, 2023, the Lahore High Court gave its verdict on a case filed by hundreds of petitioners, particularly...
Pak-IMF talks end without consensus on power sector subsidies, primary deficit
ISLAMABAD: A Week long technical talks between Pakistan and the International Monetary Fund (IMF) ended on Monday without building consensus on power...
Second buy-back of 2023: Kohinoor Textile Mills announces 30m share buy-back
ISLAMABAD: Kohinoor Textile Mills Limited (KTML) has decided to buy back 30 million of its ordinary shares, the company announced to the...
FBR puts hold on implementation of IRS Common Pool Fund rules
Islamabad: Federal Board of Revenue has put the implementation of IRS Common Pool Fund rules on hold.
According to the finance ministry, the...
Plan to phase out furnace oil
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved the Indicative Generation Capacity Expansion Plan 2022-31 (IGCEP-2022) which envisaging phasing out...
Import restrictions proving catastrophic for auto industry
ISLAMABAD: The auto industry, much like many other sectors, has also started facing multiple challenges for import restrictions, making it difficult for...
Expected additional FED on carbonated beverages alarms industry
ISLAMABAD: In a letter addressed to the Federal Board of Revenue (FBR) on February 1, 2023, the Ministry of Industries and Production...
Red-Alert: Forex reserves drop to lowest in 8 years, dollar touches 271
ISLAMABAD: In the latest data, the State Bank of Pakistan has revealed that the liquid foreign reserves of Pakistan have dropped by...