No import curbs on raw materials: SBP
KARACHI: The State Bank of Pakistan (SBP) on Tuesday said that there is no restriction on the import of raw materials for...
New details emerge about defunct startup Airlift’s downfall
LAHORE: New insights regarding the now defunct Airlift have come to the fore, shedding light on the happenings that led to its...
Govt reviews feasibility of privatising DISCOs
ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) has directed the Privatisation Commission (PC) to present a detailed presentation on the management of...
SBP suspends authorisation of Great Union Exchange, Swiss International Exchange
KARACHI: The State Bank of Pakistan (SBP) on Tuesday suspended, with immediate effect, the authorisation of two exchange companies including the Swiss...
Govt ‘discreetly’ changes electricity billing system
ISLAMABAD: The coalition government has discreetly made a change in the way power consumers are billed by revising the slabs based on...
Power tariff increased againÂ
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Monday notified a Rs4.34 per unit increase in the price of electricity under...
Hyundai offers deliveries within a month
LAHORE: Hyundai Nishat has introduced a limited time offer for prospective customers, whereby the company will reduce delivery times of cars to...
Cabinet committee gives go ahead for fertiliser import
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet here on Thursday gave go ahead to Trading Corporation of Pakistan (TCP) for...
ECC approves Rs3bn for relief of flood affected Â
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved funds amounting to Rs3 billion for the National Disaster Management Authority...
SBP raises Rs817bn debt concentrated in 3 month tenors
KARACHI: State Bank of Pakistan (SBP) raised Rs 817 billion against a target of Rs 1,000 billion in a Market Treasury Bill...
Senate panel orders streamlining forex disclosure process at airports
ISLAMABAD: The Senate Standing Committee on Finance has directed the Ministry of Finance (MoF) to streamline the process of disclosure of foreign...
Govt to spend Rs20bn on cotton seeds, climate resilient productionÂ
ISLAMABAD: The government has decided to spend Rs20 billion on production of high quality seeds of cotton and developing climate resilient production...
OGRA and OMCs discuss deregulation of POL products
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday conducted a meeting with Oil Marketing Companies (OMCs) on the planned deregulation...
Inflation rate to come down from next month: Miftah
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail Wednesday hinted at slow down in the inflation rate from next month.
“The nation...
NEPRA mulls over Rs3.39 per unit hike in tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday mulled over a Rs3.39 per unit increase in the electricity tariff for...