NEPRA denies NAB access to tariff consultant

'NAB had sought tariff consultant's assistance for investigation against those IPPs that earn abnormal profits' ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA)...

Apple explores moving 15-30pc of production capacity from China: report

Apple Inc has asked its major suppliers to assess the cost implications of moving 15 per cent to 30pc of their production...

Tobacco growers stand divided on implementation of advance tax

'Farmers that are influenced by illegal manufacturers are only making the advance tax issue a political game' ISLAMABAD: While a group of tobacco...

Senate body recommends continuation of zero-rating regime for export sectors

ISLAMABAD: Senate's Standing Committee on Finance has recommended the National Assembly to continue with the zero-rating regime for five export-oriented sectors in the...

ECC approves tax relief for ship importers

ISLAMABAD: In order to revive and strengthen the shipping sector of Pakistan, the Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved,...

Govt striving to promote regional trade, export-led growth: Dawood

'Small and medium enterprises will be encouraged to play their due role in economic growth' LAHORE: Adviser to Prime Minister on Commerce Abdul...

OPEC to meet July 1 and 2 after several postponements

OPEC holds meetings twice a year in Vienna to decide on production levels, which influence world oil prices VIENNA: Major oil-producing countries will...

Hafeez Shaikh invites FPCCI members to discuss budgetary concerns

'Finance adviser intends to address genuine grievances of the business community in order to accelerate economic activities in the country' ISLAMABAD: Adviser to...

Facebook’s cryptocurrency ambitions face privacy concerns, political backlash

SAN FRANCISCO/NEW YORK: Facebook Inc has announced ambitious plans to launch a new global cryptocurrency called Libra, part of an effort to expand...

Stocks stay flat in range-bound trading

KARACHI: Investors of the Pakistan Stock Exchange (PSX) endured a dull trading session on Wednesday, as the indices traded within a narrow range...

Activists urge Google to break up before regulators force it to

SAN FRANCISCO: Shareholder activists want Google parent Alphabet Inc to break itself up before regulators force the world's biggest internet ad seller...

Taking the menace of gas theft head on

UFG is theft of natural gas that makes up a whopping 51 per cent of the total gas lost

High-powered committee formed to tackle country’s economic woes

National Development Council, to be chaired by PM Imran Khan, will also have Chief of the Army Staff Gen Qamar Javed...

Stocks rise after Trump says he’ll meet with Xi next week

NEW YORK: Stocks rose sharply on Wall Street Tuesday as traders cheered news that the leaders of the US and China will meet...

KP unveils Rs900bn budget for 2019-20

12 per cent reduction in KP cabinet members' salaries  PESHAWAR: Khyber Pakhtunkhwa (KP) Finance Minister Taimur Khan Jhagra on Tuesday presented the provincial budget...