Govt urged to discourage illegal businesses, provide relief to taxpayers
ISLAMABAD: Various taxpaying industries that are contributing towards the government's Covid-19 Relief Fund have urged the government to discourage smuggling and illegal...
IPPs may agree to tariff cut as negotiations with govt continue
ISLAMABAD: Some representatives of Independent Power Producers (IPPs) have expressed willingness to reduce power tariff and review power purchase agreements, Pakistan Today...
Airlines on skeletal schedules; dire economic signals flash
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to...
PRA extends date of payments, filing returns till April 30
LAHORE: Amid the coronavirus outbreak and lockdowns, the Punjab Revenue Authority (PRA) on Thursday extended the date of submission of payments and...
K-Electric appoints Riyadh Edrees as chairman
The Board of Directors of K-Electric Limited has elected Riyadh S. A. A. Edrees as the company’s new chairman with effect from...
Coronavirus: World economy ‘may face double recession’
The world economy already faces an economic downturn worse than the Great Depression of 1903s.
But this could be followed by another “possibly...
T-bill outflows reach $2.6bn in 10 months
KARACHI: The cumulative net investment in T-bills from July 2019 to date is now well below $1 billion, standing at $841 million,...
Railways plans to outsource 16 trains on different routes
ISLAMABAD: Pakistan Railways is planning to outsource as many as 16 trains on different routes across the country to earn more revenue...
AEDB allows 18 entities to set up 653MW power plants
ISLAMABAD: The Alternative Energy Development Board (AEDB) has issued the letter of support (LOS) and the letter of intent (LOI) to 18...
Govt assures businesses of complete support amid corona crisis
--Finance adviser says a 'comprehensive relief package' will soon be announced to address liquidity issues being faced by industries
--Constitutes five-member committee to...
DHL struggles to cope as online parcel volumes surge
DUESSELDORF: Delivery business DHL is struggling to cope with a flood of parcels from online purchases due to the coronavirus crisis, forcing...
SBP cuts policy rate by 200bps to 9pc
Centrak bank cites low global and Pakistan GDP forecasts as reason behind decision
Daraz e-commerce index shows growth in digital payments, online shopping
LAHORE: Daraz on Thursday launched Pakistan's first 'e-commerce index', providing insights on consumer behaviour and mapping the growth of the e-commerce industry...
Stocks add 87 points in range-bound session
KARACHI: Indices of the Pakistan Stock Exchange (PSX) traded within a narrow range on Thursday, with the benchmark KSE-100 Index closing in...
Pakistan producing 90% of edibles items except cooking oil: Food Minister
Federal Minister for National Food Security Syed Fakhar Imam has said that Pakistan is producing 90 percent of edibles items except cooking...