SBP governor hints at stability in exchange and interest rates from hereon

State Bank of Pakistan (SBP) Governor Reza Baqir in an interview to a media outlet has defended the decisions of the federal...

Gold continues meteoric rise, hits Rs 78,100 per tola

The prices of gold continued to rise as domestic one tola and 10 gram prices rose to a new high of Rs...

Govt to raid homes to look for lost dollars

The federal government is preparing to start raiding residential premises in a bid to recover undeclared dollars possibly stashed in people's homes. The...

Govt discreetly gives tax amnesty to realty sector

The Pakistan Tehreek i Insaff (PTI) government has discreetly offered what is little more than tax amnesty to the realty sector in...

PM gives nod to charter of economy with opposition

In a significant development, the government and the opposition have finally come together in an effort to rescue the country from its...

CPPA proposes 21 paisa per unit hike in power tariff

ISLAMABAD: The Central Power Purchasing Agency (CPPA) has recommended the National Electric Power Regulatory Authority (NEPRA) to increase electricity tariff by 21...

SECP board rejects budget for being investors unfriendly

ISLAMABAD: Rejecting the budget proposals of Securities and Exchange Commission of Pakistan (SECP), the Policy board of the commission objected the proposed high...

FATF urges Pakistan to complete action plan by October

Pakistan says committed to implementing AML/CFT regime Pakistan has until October to improve its counter-terror financing operations in line with an internationally...

Abraaj fleeced investors to plug shortfalls

Abraaj's legitimate business activities 'could not produce and maintain the cash flow and cash flow reserves necessary to conduct basic, day-to-day...

‘Use of technology imperative to safeguard CPEC routes’

ISLAMABAD: Pakistan's biggest logistical challenge with regard to the China Pakistan Economic Corridor is the pilfering of goods into Pakistan, which can...

Former CEO’s claims ‘frivolous, fabricated’: PSX

'It is disappointing that after leaving the exchange and the country, Richard Morin has chosen to make false and incorrect statements' KARACHI: The...

Chinese company intends to spend $1bn on Pakistani products: Dawood

PM's adviser says govt plans to materialise trade opportunities that had emerged after the finalisation of Pak-China FTA Envoy says 90pc...

Online tax profiling system launched

The Federal Board of Revenue (FBR) on Friday formally launched the online FBR Tax Profiling System with an aim to enable 53...

Honda jacks up car prices by up to Rs425,000

Honda Atlas Cars (Pakistan) Limited (HACPL) has increased the rates of its cars by up to Rs425,000, according to a statement issued...

Petrol price likely to be hiked by Rs5 per litre

A further hike of Rs5 in the price of petrol is expected in view of the devaluation of Pakistani Rupee and an...