Apple becomes first company to hit $3tr market value, then slips
NEW YORK: Apple Inc on Monday become the first company to hit a $3 trillion stock market value, before ending the day...
SBP launches licensing, regulatory framework for digital banks
The State Bank of Pakistan (SBP) on Monday unveiled a licensing and regulatory framework for digital banks with an aim to introducing...
Country’s import growth trend in reversal: Commerce Ministry
ISLAMABAD: The Ministry of Commerce has said that the growth in imports has started to decrease according to early indications.
"Pakistan's imports during...
SBP will not become obstructive to govt’s policies after getting autonomy: Shaukat Tarin
Finance Minister Shaukat Tarin has dismissed fears that the central bank will go rogue if the State Bank of Pakistan (SBP) Amendment...
Govt celebrates new year with Rs4 hike in petrol price
The federal government announced yet another hike in the prices of petroleum products just as the brink of the new year.
According to...
FBR exceeds six month tax collection target
ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed its collection target by Rs287 billion during July-December of current financial year 2021-22...
Banks to remain closed for public dealings on Jan 3
All banks in Pakistan will remain closed for public dealing on January 3 as the day will be observed as a bank...
Finance supplementary, SBP amendment bills deferred again
The National Assembly (NA) session was adjourned on Friday for an indefinite period, deferring the approval of the Finance Supplementary Bill, 2021...
Govt’s ‘mini budget’ showers new taxes, withdraws Rs343bn in exemptions
ISLAMABAD: The federal government on Thursday presented the Finance (Supplementary) Bill 2021, termed as the mini budget by opposition parties, in the...
Pharma sector hints at raising medicine prices
LAHORE: The pharmaceutical sector has hinted at the rise in prices of medicines following the imposition of General Sales Tax (GST) on...
Govt claims of making SBP amendment bill free of controversy
ISLAMABAD: Federal Finance Minister Shaukat Tarin on Thursday said that although the International Monetary Fund (IMF) wants the State Bank of Pakistan...
Tarin announces financial support for 4m households under Kamyab Pakistan
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin said on Thursday that four million households will be provided financial support initially under...
Cabinet approves revised SBP amendment bill
ISLAMABAD: The Cabinet on Tuesday approved the revised State Bank of Pakistan (SBP) (Amendment) Bill 2021 to ensure its sixth review of...
SNGPL restores gas supply to textile export industry
ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL), in a bid to facilitate export-oriented industries, has announced that it will restore gas supply...
NEPRA to decide on another power hike on Wednesday
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is reportedly going to take a decision over the Rs4.33 per unit hike in...