Electricity, gas prices to be increased as govt accepts IMF demands
'The govt has also agreed to make NEPRA and OGRA autonomous bodies'
The federal government has accepted the International Monetary Fund's demand...
Govt urged to clear the air surrounding Shabbar Zaidi’s appointment
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) on Wednesday urged the government to take strong measures to reduce tax gap in order...
PSX sinks further amid economic uncertainty, sheds 596 points
KARACHI: Bears took charge of the Pakistan Stock Exchange (PSX) once again on Wednesday, as indices continued to sink further amid lack of...
Hackers steal $41mn worth of bitcoin from Binance cryptocurrency exchange
HONG KONG: Hackers stole bitcoin worth $41 million from Binance, one of the world's largest cryptocurrency exchanges, the company said on Wednesday,...
Pakistan’s exports to Western Europe increase to $2.56bn
ISLAMABAD: The country's exports to Western European countries have increased by 1.32pc to $2.56 billion in the first three quarters (July-March) of the...
AOB introduces online registration for audit firms
ISLAMABAD: The Security Exchange Commission of Pakistan (SECP) said on Wednesday that in order to promote ease of doing business, Audit Oversight Board...
Chinese firm to complete Pakistan hydropower project by April 2021
BEIJING: Construction of the Karot Hydropower Project in Pakistan will be completed in two years it will start generating power by April 2021,...
Asad Umar to head NA’s finance committee
PM Imran Khan and FM Shah Mahmood Qureshi held separate meetings with Umar to convince him to rejoin the cabinet
The...
China backtracked on nearly all aspects of US trade deal: sources
WASHINGTON/BEIJING: The diplomatic cable from Beijing arrived in Washington late on Friday night, with systematic edits to a nearly 150-page draft trade agreement...
PTI finalises a revamped version of PML-N’s youth loan scheme
ISLAMABAD: The Imran Khan led Pakistan Tehreek-e-Insaf (PTI) government has decided to launch a revamped version of the Prime Minister's youth loan scheme,...
Iraq plans $53bn project with ExxonMobil, PetroChina
BAGHDAD: Iraq is planning a $53 billion mega project with global energy giants ExxonMobil and PetroChina to use seawater from the Persian...
US warns India against retaliatory duties over scrapping of trade privileges
NEW DELHI: Any retaliatory tariff by India in response to the United States’ planned withdrawal of trade privileges will not be “appropriate”...
Wall Street extends fall as US-China trade worries mount
US stocks slid more than one per cent on Tuesday in a broad-based selloff led by technology shares, as escalating trade tensions...
‘Nominated’ FBR chairman vows to repose people’s trust in taxation system
The prime minister-nominated chairman of Federal Board of Revenue (FBR) Shabbar Zaidi has said that the people had lost trust in the...
Abraaj founder Arif Naqvi yet to pay $20m bail, stays in jail
Arif Naqvi, the Abraaj Group founder caught up in a US fraud probe, is still being held in UK jail days after...