India Inc grows impatient as economy dips and Modi is distracted
When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, Indian stock markets jumped to all-time highs as investors...
Second CPEC phase to enhance Pak-China B2B relations: envoy
ISLAMABAD: Chinese Ambassador Yao Jing said on Friday that his country was striving to enhance business-to-business (B2B) relationship between the Chinese and Pakistani...
FBR seeks Pakistanis’ Iqama details from UAE
Tax authorities have sought details from the United Arab Emirates (UAE) of Pakistanis who have obtained Iqama (work permit) from the Arab...
NAB not to pursue income, sales tax cases against business community
National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal has announced that the bureau will not pursue cases pertaining to income tax...
PM order nationwide crackdown on benami properties
ISLAMABAD: Prime Minister Imran Khan on Friday directed all the deputy commissioners and heads of development authorities to identify benami properties in their...
China to levy new tariffs on $75bn worth of US imports
BEIJING: China announced Friday it will hit US imports worth $75 billion with new tariffs as retaliation for Washington's planned tariff hikes, further...
BoP sees 13pc growth in pre-tax profit
LAHORE: A meeting of The Bank of Punjab (BoP) Board of Directors was held on Friday to consider and approve the unaudited...
Australian envoy pledges support for skill development in Pakistan
National Vocational & Technical Training Commission (NAVTTC) Chairman Syed Javed Hassan on Friday met Australian High Commissioner Dr Geoffrey Shaw to identify...
Export of raw cotton increases 99.6pc in July
ISLAMABAD: The export of raw cotton from the country in the first month of the current financial year (July FY20) witnessed an...
KSE-100 drops 534 points amid FATF confusions
KARACHI: The Pakistan Stock Exchange (PSX) was surrounded by dark clouds on the last trading session of the week, as investor sentiments...
FATF to examine Pakistan’s progress in Oct
The Financial Action Task Force (FATF) will examine Pakistan’s progress on its existing action plan during its plenary meeting that would be...
MoF rebuffs Indian media reports of FATF blacklisting Pakistan
The Ministry of Finance has rejected Indian media reports about Pakistan being blacklisted by the Asia Pacific Group (APG) — the regional...
India proposes ban on e-cigarettes, with jail terms for offenders
NEW DELHI: India’s health ministry has proposed a ban on the production and import of electronic cigarettes, documents seen by Reuters showed,...
PIA hikes UAE fares
Pakistan International Airline (PIA) has increased fares up to Rs6,000 for two sectors of Middle East – Dubai and Abu Dhabi, a...
SBP reserves fall $26m to 8.23bn
ISLAMABAD: The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $26 million to $8.238 billion, the data released...