Investment in govt securities crosses Rs10 trillion

KARACHI: Investment in government securities cross the Rs10 trillion mark to Rs10.3 trillion for the first time, data showed in the latest...

Government working to end smuggling, business community told

QUETTA: Chairman Senate Standing Committee on Commerce Mirza Khan Afridi, in a press meet here on Monday, said that the government is...

Harassment on account of revenue collection must stop: RCCI

RAWALPINDI: Rawalpindi Chamber of Commerce and Industry (RCCI) President Saboor Malik on Monday urged the government must realise the ground realities of common...

PSX prescribes standard range of brokerage commission

The Pakistan Stock Exchange (PSX) recently issued a notification regarding the implementation of a standard range/scale of brokerage commission with effect from...

Huawei says open to ‘no backdoor’ agreement with India

NEW DELHI: China’s Huawei Technologies is ready to enter into a “no backdoor” agreement with India to allay security concerns, the telecom group’s...

FATF ‘satisfied’ with Pakistan over action plan compliance

The Financial Action Task Force (FATF) on Monday expressed satisfaction over steps taken by Pakistan in line with its action plan to...

Hafeez Shaikh departs for US to attend IMF, WB meetings

Adviser to Prime Minister on Finance Abdul Hafeez Shaikh has left for the United States to attend the annual meetings of the...

Oil falls due to caution over first phase of US-China trade deal

NEW YORK: Oil prices fell nearly 3pc on Monday as a lack of details about the first phase of a trade deal between...

PM Imran moves against inflation, calls all CMs for meeting

Prime Minister Imran Khan on Monday directed the authorities concerned to take steps for controlling prices of basic food items and called...

Lahore-based amusement company invests over Rs1bn in Rawalpindi

ISLAMABAD: At a time when the country is in desperate need of local and foreign investments, a Lahore-based amusement company, Joyland, under its...

PIA to expand fleet with five new aircraft

Pakistan International Airlines (PIA) has decided to acquire five new aircraft in a bid to expand its fleet, a private media outlet...

FBR asked to explain abolishment of internal audit directorates

ISLAMABAD: The Lahore High Court (LHC) has directed the Federal Board of Revenue (FBR), Attorney General of Pakistan and Customs' (Operations) Member to...

Govt urged to rationalise taxes on real estate sector

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Ahmed Waheed on Monday urged the government to take appropriate measures that could...

French energy giant Total to buy 37pc stake in India’s Adani Gas

BENGALURU/NEW DELHI: French energy giant Total SA said on Monday it will buy a 37.4pc stake in Indian gas distribution company Adani Gas,...

KSE-100 fails to sustain gains, loses 289 points

KARACHI: The Pakistan Stock Exchange (PSX), which opened positively on Monday, failed to sustain its gains in the second half and closed the...