Telenor gives Rs50m cheque to PM for Corona Relief Fund
ISLAMABAD:Chief Executive Officer (CEO) Telenor Pakistan Irfan Wahab call on Prime Minister Imran Khan and presented a cheque of worth Rs 50...
Oil crashes, ends negative for the first time in history
US crude oil futures turned negative on Monday for the first time in history, ending the day at a stunning minus $37.63...
PIA CEO orders airfare to be revised for stranded Pakistanis
KARACHI: Pakistan International Airlines (PIA) Chief Executive Officer (CEO) Air Marshal Arshad Malik, in view of the problems being faced by Pakistani passengers...
NAB to probe wheat, sugar crisis: report
The National Accountability Bureau (NAB) has launched a probe into the wheat and sugar crises and the accountability bureau’s Rawalpindi director general,...
IMF says satisfied with Pakistan’s implementation of economic reforms
Pakistan’s inflation to fall to 4.8pc, debt-to-GDP ratio to 73pc in 2025
CCE decides to hold wrongdoers in power sector accountable
ISLAMABAD: The Cabinet Committee on Energy (CCE) on Monday decided to hold wrongdoers in the power sector accountable for their deeds.
Sources told this...
SBP sets Zakat nisab at Rs46,329 for 2020
KARACHI: The government on Monday set the ‘nisab for Zakat’ at Rs46,329 for the current year, a statement from the State Bank of...
CCP’s performance ‘satisfactory’, says PM’s aide in inquiry report
ISLAMABAD: Adviser to Prime Minister on Institutional Reforms & Austerity Dr Ishrat Hussain has submitted to the government his inquiry report regarding...
What policy cut? Foreigners buy T-bills for the first time since Feb
KARACHI: In a surprising development, after weeks of divestment, foreign investors bought $191 million worth of treasury bills (T-bills) on April 17,...
Govt asked to rescue petroleum dealers from bankruptcy
ISLAMABAD: The Petroleum Dealers Association and All Pakistan CNG Association on Monday urged the government to intervene as petroleum dealers had reached...
PM apprised of issues concerning telecom industry
ISLAMABAD: Prime Minister Imran Khan on Monday chaired a meeting to discuss issues relating to the telecom industry.
Issues relating to enhancement of...
Omar Ayub asks IPPs to lower power tariff
ISLAMABAD: Energy Minister Omar Ayub Khan on Monday held a meeting with the independent power producers (IPPs) to discuss lowering of tariff...
Foreign Direct Investment rises 92pc in March
KARACHI: Foreign Direct Investment (FDI) in Pakistan rose 92pc to $279 million in March 2020, compared to $145 million in March last...
SBP directs banks to deduct zakat on amount up to Rs46,329
ISLAMABAD: The State Bank of Pakistan (SBP) on Monday directed all banks to deduct zakat from saving as well as profit and...
HabibMetro’s income falls 5pc in first quarter
KARACHI: The Board of Directors of Habib Metropolitan Bank Ltd (HMB) met on Friday to review the bank’s performance and announce its...