FBR proposes amendments in income tax rules to settle pending cases

ISLAMABAD: In a bid to resolve pending cases related to income tax, the Federal Board of Revenue (FBR) has further proposed amendments...

Govt lauded for fulfilling CNG sector’s demands

ISLAMABAD: The All Pakistan CNG Association (APCNGA) said on Monday that the government is promoting the use of compressed natural gas (CNG) to...

Dollar slides further to Rs158.91

KARACHI: Pakistani Rupee continued with its winning streak against US Dollar in the interbank market, gaining another 18 paisas on the first day...

Govt may further extend concessional RLNG supply to urea plants till Feb 2021

ISLAMABAD: The federal government is likely to extend concessional RLNG supply to urea plants till February 2021, it was learnt on Monday. Sources said...

CCoE to take decision over unbundling of SSGC, SNGPL on Tuesday

ISLAMABAD: The Cabinet Committee on Energy (CCoE) scheduled to meet on Tuesday is likely to grant approval for the unbundling of the...

Govt reopens application receiving process for KJP loans

ISLAMABAD: The government has reopened the application receiving process for Kamyab Jawan Programme (KJP), under which applicants will be provided loans under...

Mohenjo Daro, Chaman trains to resume operations tomorrow

KARACHI: Pakistan Railways is set to resume Mohenjo Daro passenger train from tomorrow (Tuesday) after a seven-month long Covid-induced hiatus. According to the...

Sindh govt introduces smart card for vehicle registration

KARACHI: The Sindh government has introduced a new system for the registration of vehicles, replacing the conventional registration book with a security-featured...

‘PM Imran to inaugurate Rashakai Economic Zone on 21st’

PESHAWAR: National Assembly Speaker Asad Qaiser has said that the Rashakai Economic Zone, which has been built under the China-Pakistan Economic Corridor...

SCCI demands withdrawal of power tariff hike

PESHAWAR: Sarhad Chamber of Commerce and Industry (SCCI) has demanded the government to immediately withdraw the increase in electricity tariff of 48...

PSX falls flat after range-bound session

KARACHI: Pakistan Stock Exchange (PSX) on Monday fell flat after a range-bound session, with the benchmark KSE-100 Index gaining only 52 points...

Virgin Hyperloop hosts first human ride on new transport system

SEATTLE: Richard Branson’s Virgin Hyperloop has completed the world’s first passenger ride on a super high-speed levitating pod system, the company said...

Oil rises as Biden wins, OPEC+ signals deal can be tweaked

LONDON: Oil rose on Monday, with Brent topping $40 a barrel, after Joe Biden clinched the US presidency and buoyed risk appetite,...

OGDC revenue drops Rs7bn in 1QFY21

ISLAMABAD: The Oil and Gas Development Company Limited (OGDC) registered a sales’ revenue of Rs59.528 billion for the first quarter (July-Sept) of...

NEPRA raises power tariff by Re0.48 per unit

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has issued a notification to increase the price of electricity by Re0.4828 per unit, putting...