FBR field offices to remain open till midnight on 30th
Federal Board of Revenue (FBR) has issued instructions to all the LTUs/CRTOs/RTOs to remain open and observe extended working hours till 12:00...
SECP briefed on capital market reforms
ISLAMABAD: The Capital Markets Committee (CMC), constituted earlier this month by the Securities and Exchange Commission of Pakistan (SECP), has submitted its first...
Ministries asked to immediately appoint regular CEOs, HoDs
ISLAMABAD: The government has finally decided to fill the vacant positions of various institutes/departments with regular appointments, directing the ministries/divisions to comply with...
SBP reserves drop 1.57pc to stand at $8.5bn
The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased 1.57pc on a weekly basis, according to data released...
IMF concerned over ‘political instability’ in Pakistan
ISLAMABAD: Although the International Monetary Fund (IMF) mission, during its recently-concluded visit to Pakistan, had officially lauded the government for making "progress in...
NTDC rebuffs media report, says delayed projects taken care of
Rebuffing a media report which claimed that the National Transmission and Despatch Company (NTDC) had missed numerous project deadlines in FY18, the...
SC seeks FBR report on Rs90m tax refund fraud
The Supreme Court has directed the Federal Board of Revenue (FBR) to submit a report on measures taken to recover money from...
FBR cuts first-quarter revenue target by Rs41bn
The Federal Board of Revenue (FBR) has realigned its quarterly revenue collection targets with the benchmarks set by the International Monetary Fund...
No plan to privatise Telephone Industries of Pakistan: minister
ISLAMABAD: The government appears to have decided not to privatise Telephone Industries of Pakistan (TIP), which has been financially closed since 2006.
Instead, IT...
NA body passes NITB bill
ISLAMABAD: The National Assembly’s Standing Committee on Information Technology and Telecommunication on Thursday approved 'The National Information Technology Board Bill, 2019'.
As per details,...
KSE-100 extends bearish run, sheds 131 points
KARACHI: Downward trend continued at the Pakistan Stock Exchange (PSX) on Thursday, as lower risk appetite kept a tight lid on northbound moves.
Foreign...
Huawei already producing 5G base stations without US parts: CEO
HONG KONG: Huawei Technologies Co Ltd's founder and CEO Ren Zhengfei said on Thursday the company is already producing 5G base stations...
KE to establish 900 MW power plant at Bin Qasim
KARACHI: K-Electric has announced via notification to Pakistan Stock Exchange (PSX) that the Board of Directors of the company has approved award...
Revival of PSM to be delayed even further
ISLAMABAD: Efforts to revive Pakistan Steel Mills (PSM) have hit a roadblock because of a lack of interest shown by financial advisers...
Urea sales jump 45% in August
KARACHI: Widespread rains throughout the country in the monsoon season led to a 45% jump in urea sales in August 2019 compared...