Govt moves SC over GIDC, seeks early hearing
ISLAMABAD: The federal government moved the Supreme Court (SC) on Friday over the controversial Gas Infrastructure Development Cess (GIDC) Ordinance, an amnesty scheme...
FBR, traders fail to break deadlock
ISLAMABAD: Negotiation between the Federal Board of Revenue (FBR) and traders have collapsed after the traders once again refused to become part...
SECP revokes SITE’s licence; bank accounts seized
KARACHI: Revocation of its licence by the Securities and Exchange Commission of Pakistan (SECP) led to at least five bank accounts being...
Govt may cut development funds to counter budget deficit
ISLAMABAD: The country may need to cut on development spending, subsidies and other contingent liabilities to control increasing budget deficit, claimed a...
US wants ‘near term’ results from new China trade talks
WASHINGTON: The Trump administration wants to see “near term results” from US-China trade talks in September and October, White House economic adviser Larry...
SECP forms committee to fix stock market
The Securities and Exchange Commission of Pakistan (SECP), in consultation with the relevant stakeholders, has decided to constitute a committee comprising senior...
OGRA reduces RLNG price by $0.96 per mmbtu
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Friday notified the revised prices of Regasified Liquefied Natural Gas (RLNG) for the Sui...
Second phase of China-Pakistan FTA to be finalised in Oct: envoy
ISLAMABAD: While expressing satisfaction over the pace of work on the China-Pakistan Economic Corridor (CPEC) projects, Ambassador of China to Pakistan Yao Jing...
‘Pakistan won’t renegotiate IMF programme despite ambitious targets’
MoF places high interest rate, currency devaluation and shortfall in FBR revenue among reasons behind fiscal deficit
Says standoffs at Pak-India...
PM vows to address textile sector’s woes
ISLAMABAD: Prime Minister Imran Khan on Friday assured a business delegation that the government would take all possible measures to address the issues...
China says new digital currency will be similar to Facebook’s Libra
SHANGHAI: China's proposed new digital currency would bear some similarities to Facebook's Libra coin and would be able to be used across...
FBR amends rules to facilitate SME exports
ISLAMABAD: The Federal Board of Revenue (FBR), through a notification issued on Friday, said it has amended the Export Oriented Units and...
Saudi companies urged to invest in Pakistan’s energy sector
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood has urged the Saudi companies to invest in the power sector in order...
NPMC contemplates measures to control inflationary pressures
CCP asked to keep a vigilant check on undue profiteering, cartelization and monopolistic practices
Punjab govt directed to share its online...
Govt to launch three livestock projects worth Rs7.4bn this month
ISLAMABAD: The government has decided to launch three livestock projects, worth Rs7.4 billion, this month.
According to the documents available with this scribe,...