No circular debt after Dec 2020, vows finance adviser

ISLAMABAD: Adviser to Prime Minister on Finance & Revenue Dr Hafeez Shaikh on Monday reiterated the government's resolve to eliminate circular debt by...

SC bars govt from selling Pakistan Steel Mills land

ISLAMABAD: The Supreme Court (SC) on Monday barred the government from selling land owned by Pakistan Steel Mills to generate funds to...

‘Govt aims industrial expansion under CPEC’s 2nd phase’

ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar said on Monday that under the next (2nd) phase of China Pakistan Economic...

Bull-run continues at PSX as index gains another 827 points

KARACHI: Bulls continued to dominate the Pakistan Stock Exchange (PSX), as the indices rallied on first trading session of the week while volumes...

PM inaugurates Havelian-Thakot motorway section

Prime Minister Imran Khan on Monday inaugurated Havelian-Thakot section of Hazara motorway. The Hazara motorway is an integral part of the China-Pakistan Economic...

Profit E-Magazine Issue 78

Seriousness of purpose on climate policy

It is a sad thing when one so consumed by one’s own propaganda and nonsense that one cannot get oneself to admit...

Boeing says timing of 737 MAX return in hands of regulators

DUBAI: Boeing moved on Saturday to ease tensions with regulators over the return to service of its 737 MAX, saying it was...

PIA to commence direct flights to US from next year

KARACHI: Pakistan International Airlines (PIA) will start direct flights to the United States (US) from April 2020 as preparation has entered into...

Karachi hit by highest price hike in Pakistan’s history: Investigative report

KARACHI: Pakistan’s current economic crisis has caused the highest price hike of daily use items in Karachi’s history. The country’s maximum annual...

E&P companies pay Rs2.197 billion oil royalty in three years

ISLAMABAD: The government has collected an amount of Rs2.197 billion on account of oil royalty from five hydrocarbon Exploration and Production (E&P)...

FBR to recommend amendment in Income Tax Ordinance over remittances

ISLAMABAD: Taking measures in response to a plea of an overseas citizen of Pakistan seeking benefits of certain provision of Income Tax...

Aramco IPO range values Saudi oil giant at up to $1.7 trillion

DUBAI: Saudi Aramco is worth up to $1.7 trillion at the IPO price range set by the oil giant on Sunday, below...

Bank Al-Habib to acquire remaining share capital of HAML

KARACHI: Bank Al Habib (BAHL) has negotiated and finalized the deal terms for proposed acquisition of the remaining 70% of the issued...

SECP board approves General Takaful Accounting Regulations 2019

ISLAMABAD: The policy board of the Securities and Exchange Commission of Pakistan (SECP) has approved the General Takaful Accounting Regulations 2019. The board, which...