S&P DJI to remove Chinese firms from indices after US blacklisting

NEW YORK: S&P Dow Jones Indices said on Thursday it would remove Chinese companies including Hikvision from its products, becoming the latest...

Oil edges up on vaccine release, concern over Iraq oilfield attack

MELBOURNE/SINGAPORE: Oil prices edged up on Thursday, buoyed by a COVID-19 vaccine rollout in Britain and the imminent approval of a vaccine...

Indian farmers to step up protests, reject tweaks on new farm laws

NEW DELHI: India’s farmers on Wednesday rejected the government’s proposal to amend three controversial laws and said they would step up protests...

Facebook faces US lawsuits that could force sale of Instagram, WhatsApp

WASHINGTON/PALO ALTO: Facebook Inc could be forced to sell its prized assets WhatsApp and Instagram after the U.S. Federal Trade Commission and...

Sindh pushes Centre for Rs4bn to better compensate rain victims

KARACHI: The Sindh government on Wednesday urged the federal government to provide Rs4 billion in order to better compensate people affected by this...

Hafeez Shaikh addresses int’l forum, seeks cross-border assistance in tax recovery

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said on Wednesday that Pakistan was among the few...

Cabinet issues directives to counter propaganda against Ravi, Bundle Island projects

ISLAMABAD: In a bid to counter propaganda against Ravi Urban Development Project and Bundle Island Project, the federal cabinet has directed the...

FBR sees 63pc jump in income tax collection

ISLAMABAD: The Federal Board of Revenue (FBR) has received a record number of returns this year, along with the highest ever amount...

Rs32.25bn approved for 29 development schemes in KP

PESHAWAR: The Provincial Development Working Party (PDWP)-KP on Wednesday approved 29 schemes worth Rs32.25 billion. The 12th meeting of PDWP was held under...

CM Buzdar announces new projects worth Rs17bn for Sialkot

LAHORE: Punjab Chief Minister Usman Buzdar has announced new projects worth Rs17 billion for Sialkot. Addressing a ceremony on Wednesday, Usman Buzdar said...

LHC seeks five-year record of Toshakhana auctions

LAHORE: The Lahore High Court (LHC) on Wednesday sought complete record from the federal government about auctions held for Toshakhana gifts during...

FBR slaps penalties on non-compliant retailers

FBR-Islamabad imposes Rs1 million penalty each on Tehzeeb Bakers and Metro Shoes for failing to connect their retail outlets with POS system

Urea supply sufficient for Rabi season

LAHORE: The local urea market is adequately supplied for Rabi season 2020-21 as it has accumulated a total inventory of one million...

Stocks recover 102 points in see-saw trade

KARACHI: Pakistan Stock Exchange (PSX) endured a volatile session on Wednesday, with the benchmark index swaying both ways in search of a...

ICCI seeks extension in return filing deadline

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has urged the government to extend the income tax return filing date, citing...