Govt mulling to reduce power tariff for industrial sector

ISLAMABAD: Federal Minister for Planning and Development Asad Umar has said Prime Minister Imran Khan wants to provide maximum relief to the...
Importers

Coronavirus forces Pakistani importers to look new destinations for raw material

KARACHI: Pakistani businessmen are reluctant to place new import orders from China due to the deadly coronavirus outbreak there, a local newspaper...

Rs385m fraud surfaces in NBP’s Abbottabad branches

ISLAMABAD: The cashiers of National Bank of Pakistan’s (NBP) Khanaspur, Ayubia, and Khaira Gali branches were involved in a fraud of Rs385...

State Life Insurance Corp headless for two months, NA body told

ISLAMABAD: A parliamentary committee on Tuesday was surprised to know that an important national organisation, State Life Insurance Corporation (SLIC), was headless...

China keen to upgrade Pakistan’s agri infrastructure: envoy

ISLAMABAD: Ambassador of China to Pakistan Yao Jing on Tuesday stressed the need to materialise the understanding between Chinese Academy of Agriculture Sciences...

Govt committed to timely privatisation of SME Bank, Pak Reinsurance

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Tuesday chaired a meeting of the Cabinet Committee on...

MFPCB meeting convened to mull cut in interest rate by 50 basis points

ISLAMABAD: In the wake of growing criticism, the Prime Minister Imran Khan-led government of the Pakistan Tehreek-e-Insaf (PTI) government has called a...

Lack of progress: WB postpones two budgetary support loans for Pakistan

ISLAMABAD: In a major blow to the Pakistan Tehreek-e-Insaf (PTI) government's efforts to secure budgetary support loans, the World Bank has reportedly...

Biometric verification to be made mandatory for duty-free import of mobile phones

The government is mulling to allow international passengers duty-free import of mobile phones under Baggage Rules and various proposals are under consideration...

FBR tightens noose around Karachi marriage halls

The Federal Board of Revenue (FBR) has squeezed the net around marriage halls in Karachi over tax evasion worth billions of rupees...

US company to manufacture biomedical equipment in Pakistan

LAHORE: For the first time in the country's history, a US biomedical engineering company would set up a manufacturing unit of biomedical...

‘Unjustified tariff’: APTMA announces countrywide closure of textile mills

LAHORE: The All Pakistan Textile Mills Association (APTMA) has decided to close down all textile mills across the country's in protest to...

Work on CPEC’s 2nd phase in full swing: Asim Bajwa

ISLAMABAD: China-Pakistan Economic Corridor (CPEC) Authority Chairman Lt Gen (r) Asim Saleem Bajwa said on Monday that work on the second phase...

Chinese experts land in Pakistan to help fight locust attacks 

KARACHI: Chinese experts landed in Pakistan the other day to assist the country in fight against locust since Beijing has experience of...

Farrukh Hussain Khan assumes charge as PSX CEO 

KARACHI: Farrukh Hussain Khan assumed charge as Chief Executive Officer (CEO) of the Pakistan Stock Exchange (PSX) on Monday. In a notification posted...