Balochistan reopens restaurants, hotels despite rise in Covid-19 cases
QUETTA: While observing that the coronavirus cases in Balochistan may reach 100,000 by mid-July, the provincial government on Saturday allowed restaurants and hotels...
Govt looking at Rs480bn pension bill in FY21
Share of military pensions greatly outweighs that of ex-civil servants
KP traders irked by ‘mismanagement’ at Pak-Afghan border
PESHAWAR: Despite the federal government's permission to open Pak-Afghan border crossings at Torkham and Chaman, Afghan transit trade and export vehicles aren't...
HEC deplores reduction in higher education budget
ISLAMABAD: The governing body of Higher Education Commission on Saturday deplored the sudden cut in the higher education budget by another Rs5.90...
Arif Naqvi stole $385m from Abraaj, liquidators claim
LONDON: Liquidators overseeing Abraaj Group’s insolvency now estimate Chief Executive Officer (CEO) Arif Naqvi’s alleged theft to have cost the firm $385...
Govt wants private sector to create jobs PM Imran had promised
–Industries minister says private sector should generate jobs after up to Rs50bn relief in taxes, duties
–PM's finance aide says govt tried to...
PSMA directed to provide sugar to USC at Rs63 per Kg
Sugar will be available to non-commercial consumers at Rs70 per kg
Pakistan’s economy faces headwinds as coronavirus, food shortage threats loom
LAHORE: As the post-budget debate and details unfold, the government has set its targets and goals for the upcoming financial year 2020-21...
Govt urged to announce ‘five-year export policy’ to end uncertainty
LAHORE: The All Pakistan Textile Mills Association (APTMA) has urged the government to immediately announce the 'five-year export policy' in order to...
Budget FY21: Govt reduces subsidies despite Covid-19 impact
ISLAMABAD: The federal government on Friday announced the budget for the fiscal year 2020-21, revealing that subsidies have been reduced from Rs349.5...
Remittances fall 18.6pc YoY to $1.87bn in May
KARACHI: Remittances from overseas Pakistani workers in May 2020 fell 18.6 percent or $429.2 million compared to $2.3 billion recorded in May...
Stock market players view federal budget as ‘underwhelming, unexciting’
KARACHI: Considering how the budget is an important day for the Pakistan Stock Exchange (PSX) due to the impact announcements have on...
Govt imposes 7.5pc FED on locally assembled double-cabin vehicles
LAHORE: The federal government has imposed a 7.5 percent duty on double cabin vehicles in the Budget 2020-21, making double cabin vehicles...
Rs23.2bn earmarked for Pakistan Atomic Energy Commission under PSDP 2020-21
ISLAMABAD: The government has earmarked Rs23.29 billion for 18 ongoing and one new scheme of Pakistan Atomic Energy Commission (PAEC) under the...
Cement price likely to reduce by Rs14.5 per bag
LAHORE: The price of a 50-kilogramme (kg) cement bag is expected to fall by Rs14.5, as the government has slashed Federal Excise...