Russian energy imports discussed in virtual meeting
ISLAMABAD: An online meeting between Russian Ministry of Energy and Minister of State for Petroleum along with other public and private stakeholders...
Ministry of industry proposes subsidised E-Bike scheme
ISLAMABAD: In a move to reduce usage of costlier fuel and protection of environment, the ministry of Industries and Production has devised...
Talks with Saudi Arabia for getting $3bn going on, Ayesha Ghous Pasha
ISLAMABAD: Minister of State for Finance and Revenue, Dr Ayesha Ghous Pasha has assured that talks with Saudi Arabia for getting three...
Imports rise, exports dip putting Pak’s $5.82bn reserves in troubleÂ
KARACHI, ISLAMABAD: The State Bank of Pakistan’s liquid foreign reserves dropped $294 million in the last week, bringing the reserves to an...
Is the govt turning a blind eye to the Rs1.5bn it is owed by two oil & gas companies?Â
ISLAMABAD: Two companies involved in the exploration of oil and gas in Pakistan are willfully defaulting on their obligations to pay outstanding...
Engro Fertilizers increases base plant urea capacity to 950,000 tons
ISLAMABAD: Engro Fertilizers Limited (EFERT), in a notice to the Pakistan Stock Exchange (PSX) on Thursday, announced that its base plant is...
Ishaq Dar rejects rumors about Pakistan’s default
ISLAMABAD: The Federal Finance and Revenue Minister Senator Muhammad Ishaq Dar virtually spoke to a ceremony that marked the listing of Pakistan’s...
After scams worth tens of millions, SBP disallows paying phone tax onlineÂ
LAHORE: In a recent development, the State Bank of Pakistan (SBP) has disallowed banks to process mobile import levy payments through internet...
Nishat Chunian to partially close productionÂ
LAHORE: Nishat (Chunian) Limited (NCL), one of the leading textile companies in the country, is going to close almost a quarter of...
FBR reduces additional customs duty on tractors as part of Kissan Package
LAHORE: The Federal Board of Revenue (FBR) passed Statutory Regulatory Orders (SRO) 2305(I)/2022 on December 28 to reduce the additional customs duty...
After two-month long Mexican Standoff, cabinet okays release of oilseed vessels
ISLAMABAD: After two months of a stalemate, the federal cabinet has finally approved the release of nine vessels containing soybean oilseeds stuck...
Yamaha increases motorcycle prices for eighth time in 2022
LAHORE: Yamaha Motor Pakistan has announced its eighth price increase for 2022. The new prices are as follows:Â
Old Price
New Price
Difference
ChangeÂ
YB-125Z
Rs 293,500
Rs 305,500
12,000
4.09%
YB-125Z...
Roosevelt Hotel to be leased as PC initiates redevelopment
ISLAMABAD: The saga surrounding the PIA owned Roosevelt Hotel in Manhattan was discussed once again during a meeting of the Cabinet Committee...
SBP appeases the IMF by removing restrictions on imports
KARACHI: In a circular addressed to presidents and chief executives of authorised dealers in the country, the State Bank of Pakistan (SBP)...
Dar summons breakup of Rs 447bn in GIDC dues, urges swift recovery
Islamabad: Minister for Finance and Revenue Ishaq Dar on Monday directed officials to compile an updated sector-wise breakup of a massive Rs...