Bruised, not broke: PCB lines up plans to shore up finances
The Pakistan Cricket Board is hoping for the best and preparing for the worst as it seeks to mitigate financial setbacks stemming...
PSMA rejects sugar inquiry report, doubts commission’s intent
Chairman says report only shows 'technical and accounting incompetence' of commission members
Pakistan rejects China debt trap theories
Foreign Office says public debt in CPEC projects mere 10pc of total outlay
PIA flight with 99 on board crashes in Karachi
--PIA Airbus A320 took off from Lahore and crashed into Karachi's Model Colony minutes before landing
--CAA officials cite 'technical problems' as reason...
US cuts royalties for hard-hit oil, gas drillers
The Trump administration has lowered royalties for several drilling companies producing oil and gas on federal lands, according to a government database,...
31 smart lockdowns in place across Pakistan, NCOC told
ISLAMABAD: The National Command and Operation Centre (NCOC) on Thursday was apprised that at present around 631 smart lockdowns were in place across...
SBP raises Rs75bn from Sukuk auction
KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs74.617 billion through auction of the five-year Government of...
Debt inquiry commission submits report to PM Imran
--Commission accuses govt high-ups of causing over Rs1tr losses to national exchequer
--Finds irregularities in serval important projects including Peshawar BRT, Nandipur Power...
Govt to present FY21 budget on June 12
ISLAMABAD: The federal government will present the federal budget for financial year 2020-21 before the National Assembly on June 12, sources said...
Forensic probe accuses major sugar mills of market manipulation, fraud
–Shahzad Akbar says sugar mills operating like 'cartels', six major groups control 51pc supply
–JDW among mills accused of underreporting sales; Tareen denies...
ECC approves country’s first Mobile Device Manufacturing Policy
--Policy includes removal of regulatory duty, fixed sales tax on CKD/SKD manufacturing by PTA-approved manufactures
--Locally manufactured phones to be exempted from 4pc...
‘Construction industry package to help uplift real estate sector’
ISLAMABAD: President Dr Arif Alvi said on Thursday that the government’s recently announced incentive package for the construction industry would also help...
Govt to utilise Rs 10b from PM’s Covid-19 fund for interest payment
ISLAMABAD: In a shocking move, Prime Minister Imran Khan-led Pakistan Tehreek-e-Insaf (PTI) government has allowed to divert Rs10 billion from the PM’s...
Coronavirus: UK inflation dives on oil-price crash
LONDON: British inflation hit a near four-year low in April as oil prices crashed, official data showed Wednesday, with the rate set...
Khyber Pakhtunkhwa slashes uplift budget by 50 per cent
PESHAWAR: The Khyber Pakhtunkhwa government has slashed the developmental budget by 50 per cent for the ongoing financial year due to the coronavirus-induced...