Govt likely to procure cotton at Rs4,000 per 40kg

ISLAMABAD: The federal government has decided to procure cotton from farmers at a price of Rs4,000 per 40kg in order to save...

Over Rs298m released for petroleum sector projects under PSDP

ISLAMABAD: The government released funds amounting to Rs298.183 million during first 10 months of the current fiscal year to execute six petroleum...

NTDC rehabilitates damaged towers in Balochistan

The National Transmission and Despatch Company (NTDC) spokesman has said that rehabilitation work on eight collapsed towers has been completed while power...

SC extends stay in Peshawar BRT project

ISLAMABAD: The Supreme Court (SC) on Tuesday extended the duration of its stay order given against a Peshawar High Court (PHC) directive to...

Pakistan’s cash programme instrumental in mitigating COVID-19 impact: WB

ISLAMABAD: The World Bank (WB) on Tuesday said that Pakistan’s emergency cash programme would be instrumental in mitigating the impact of the economy...

Microfinance industry needs to strengthen resilience, risk management: SECP chief

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) Chairman Aamir Khan Tuesday said the development of the microfinance industry depended upon resilience...

Traders seek further clarification on anti-hoarding ordinance

LCCI president says govt must define difference between 'stock' and 'hoarding' to stop misuse of recently promulgated ordinance

Pakistan to gradually ease lockdown to save economy

–PM says lockdown to be relaxed in coming days due to economic situation of country, problems being faced by common people –Urges national...

Coronavirus: SBP will not issue new currency notes for Eidul Fitr

KARACHI: In view of the coronavirus outbreak, the State Bank of Pakistan (SBP) on Monday announced to not issue fresh currency notes...

PHL issues Rs200bn sukuk to address liquidity constraints

ISLAMABAD: Power Holding Limited (PHL), a public sector entity fully owned by the Ministry of Energy, is issuing Rs200 billion debt instrument...

Shaista Bano Gillani takes charge as CCP chairperson

ISLAMABAD: Shaista Bano Gillani has taken charge of the Competition Commission of Pakistan (CCP) as its chairperson, said a notification issued the...

Misuse of CNICs: FBR unearths scam worth billions in auto industry

ISLAMABAD: The Federal Board of Revenue (FBR) Karachi chapter has recently detected a fraud worth millions of rupees in which car dealers...

Petrol price slashed to reduce inflation, PM says

–Imran launches web portal to support those rendered jobless due to pandemic –Says relief fund donations will be disbursed transparently, audit to be...

FPCCI suggests govt to avoid overreliance on traditional exports

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has requested the government to formulate strategies that could decrease the...

Petroleum levy raised to unprecedented levels

ISLAMABAD: The government has imposed an unprecedented increase in taxes and levy on petroleum products for the month of May 2020. As per...