Trade with Afghanistan increased 25pc despite Covid-19, NA told

ISLAMABAD: Parliamentary Secretary for Foreign Affairs Andleeb Abbas on Friday informed the National Assembly that despite Covid-19, trade with Afghanistan had increased by...

OGRA dysfunctional as chairperson Uzma Adil retires

With an incomplete quorum, OGRA will not be able to take important decisions pertaining to licences and tariffs

Food ministry committed to facilitating wheat importers

ISLAMABAD: The Ministry of National Food Security and Research on Friday said that it will facilitate wheat importers in order to meet...

DG Audit takes notice of land lease agreement with Shazain Bugti, brothers

ISLAMABAD: The Auditor General of Pakistan has taken notice of alleged land lease agreement of Oil and Gas Development Company Limited (OGDCL)...

FBR directed to clear all income tax refunds of up to Rs50m 

Hafeez Shaikh says govt will spend Rs40bn in the next two weeks to pay off all income tax refunds of up to Rs50m

PM postpones decision to increase power tariff for K-Electric consumers

ECC had earlier approved Rs2.79 per unit hike in K-Electric's tariff

Sukkur-Hyderabad Motorway among Rs289bn projects approved by ECNEC 

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) on Thursday approved four projects worth Rs289 billion pertaining to the construction...
Hammad Azhar

Pakistan Steel Mills to be run as a joint venture with private sector, says Hammad Azhar

ISLAMABAD: Federal Minister for Industries and Production Muhammad Hamad Azhar on Wednesday rejected rumors regarding privatisation of Pakistan Steel Mills (PSM) and...

SNGPL seeks federal govt’s help as gas crisis worsens in Punjab 

ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) has sought federal government's help to resolve the ongoing gas crisis in Punjab, as...

Trump wants to buy Roosevelt Hotel, PIA tells privatisation panel

–PIA official says hotel will be leased on long-term basis –PML-N's Khawaja Asif opposes privatisation of any entity during Covid-19 pandemic ISLAMABAD: A senior Pakistan...

NA committee directs FBR to expedite tax refund process

ISLAMABAD: The National Assembly’s Standing Committee on Finance, Revenue and Economic Affairs on Wednesday directed the Federal Board of Revenue (FBR) to...

SBP tasks banks to increase housing, construction financing

Banks have been asked to increase their housing and construction loan portfolios to at least 5pc of their private sector credit

ECC directs food ministry to import wheat, ensure availability at affordable prices

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday directed the Ministry of National Food Security and Research to accelerate...

Rahat Kaunain Hassan assumes charge as CCP chairperson

ISLAMABAD: Rahat Kaunain Hassan, the newly appointed chairperson of the Competition Commission of Pakistan (CCP), has assumed the charge of her office...

KP CM breaks ground for 257-acre Jalozai Economic Zone

'With expected private sector investment of Rs8bn, the CPEC project will ensure the provision of around 50,000 direct and indirect jobs'