SBP allows one-year moratorium on consumer loans’ principle
KARACHI: In a major development keeping in view the coronavirus situation, the State Bank of Pakistan (SBP) has said that banks and...
Govt approves Rs43m to set up media wing
ISLAMABAD: The federal cabinet has approved Rs42.791 million for the creation of a Digital Media Wing in the Ministry of Information and Broadcasting...
FBR extends goods declaration period to 25 days
ISLAMABAD: Owing to the spread of coronavirus pandemic, the Federal Board of Revenue (FBR) has extended up to 25 days the time...
Economists warn of recession amid virus lockdowns
'As Pakistan is highly dependent on developed markets for captial inflows, the country may wintness a sharp fall in exports, remittances, jobs etc.'
Millat Tractors suspends plant, office operations
The management of Millat Tractors has announced to suspend the plant and all office operations till lockdown period ends.
In a statement issued...
Excise Dept issues licenses to 16 hand sanitizer manufacturing companies
In the wake of coronavirus situation in the country, the Punjab Excise and Taxation Department has issued licenses to 16 domestic and...
Govt likely to earmark Rs270bn in subsidies for FY21
ISLAMABAD: The federal government is likely to earmark Rs270 billion under the head of 'subsidies' for the next fiscal year (FY2020-21), Pakistan Today...
Pnjab govt announces Rs18bn tax waiver, Rs10bn relief package
Doctors and paramedics to get additional month’s salary over anti-corona efforts
SBP reduces cheque clearing time in wake of virus outbreak
KARACHI: The State Bank of Pakistan (SBP) has significantly reduced the time it takes to clear a cheque, according to a circular...
Govt urged to renegotiate terms with IMF to fight off corona impact
Pakistan must renegotiate its terms and conditions for the current Extended Fund Facility (EFF) with the International Monetary Fund (IMF) amid the...
Weekly inflation drops 1.25pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation (as on March 26) for the combined consumption group witnessed a decrease of 1.25pc...
SBP launches online portal for FX-related cases
KARACHI: The State Bank of Pakistan has launched a Regulatory Approval System (RAS) for cases related to foreign exchange policy and operations,...
Sindh govt exempts pesticide, fertiliser, seed outlets from lockdown
Provincial Minister for Agriculture Ismail Raho has said that the Sindh government has decided to exempt pesticide, fertiliser and seeds outlets from...
G20 leaders pledge $5tr to combat coronavirus
WASHINGTON: G20 nations pledged a "united front" Thursday in the fight against coronavirus, saying they were injecting $5 trillion into the global...
APTMA seeks early notification of ECC-approved power tariff
LAHORE: All Pakistan Textile Mills Association (APTMA) Punjab Chairman Adil Bashir has urged the government to immediately notify the already approved electricity...