ECC to approve $6m private sector investment in Saudi firm SIW
ISLAMABAD: After green signal by the State Bank of Pakistan, the Economic Coordination Committee (ECC) of the cabinet is all set to...
PSX celebrates International Women’s Day
KARACHI: Eighteen Pakistani women professionals from various sectors of the economy rang the bell to open trading at the Pakistan Stock Exchange...
PM orders comprehensive strategy to reduce petrol, diesel prices
ISLAMABAD: Prime Minister Imran Khan has directed for comprehensive planning and strategy with mutual coordination of all the departments concerned to bring...
Cabinet decided not to do trade with India
ISLAMABAD: Prime Minister Imran Khan has directed for uniform pay scales of government employees to avoid discrimination.
Briefing media on cabinet decisions in...
PM Imran to lay foundation stone of 7 housing projects today
ISLAMABAD: Prime Minister Imran Khan will lay the foundation stone of seven housing projects, envisaging construction of 20,000 housing units at the...
Banks can auction mortgaged property without court decree, LHC rules
LAHORE: A Lahore High Court (LHC) five-member bench on Tuesday rejected petitions challenging the reintroduction of Section 15 of the Financial Institutions (Recovery...
Amid expected dip in inflation, textile millers demand significant rate cut
LAHORE: Textile millers and economic experts on Tuesday urged the government to reduce the interest rate, currently at 13.25pc, to a single digit.
Talking...
‘Chinese president to inaugurate Rashakai SEZ by June this year’
ISLAMABAD: After a delay of almost five months, the Rashkai Special Economic Zone of China Pakistan Economic Corridor would finally be inaugurated in...
PM launches data portal for equal distribution of development funds
ISLAMABAD: Prime Minister Imran Khan on Tuesday expressed the government’s determination to alleviate poverty from the country.
Addressing the launch ceremony of Data4Pakistan Portal...
‘Rate cut imminent’, analysts predict ahead of monetary policy meeting
KARACHI: As the State Bank of Pakistan (SBP) is all set to announce its monetary policy later this week, almost all major...
Tax Laws (Amendment) Bill 2019 recommended to lower house
ISLAMABAD: The Senate Standing Committee on Finance, Revenue and Economic Affairs on Tuesday unanimously recommended the Tax Laws (Amendment) Bill 2019 to...
Amnesty scheme: FBR asked to explain 12,000 pending cases of taxpayers
ISLAMABAD: Taking suo moto notice of 12,000 pending cases of aggrieved taxpayers- who failed to avail last amnesty scheme- the Federal Tax...
Rupee falls as foreign investors flee
KARACHI: The rupee declined 0.7 percent on Tuesday, making a cumulative two- day decline of 2.1 percent, the highest in eight months.
As...
Rs 20-25 cut in petrol price expected
LAHORE: Rs 20-25 cut in petrol price is expected in the country following one-day rout in nearly 30 years in global oil...
Federal Cabinet to take up appointment of SECP chief
ISLAMABAD: The federal cabinet is likely to take up Finance Division’s summary on Tuesday regarding the appointment of Chairman Securities and Exchange...