Cabinet Division asked to probe alleged misuse of monetisation policy
ISLAMABAD: Prime Minister Imran Khan on Friday summoned a report from the Cabinet Division on the alleged misuse of monetisation policy. According to sources, PM...
Govt likely to rationalise gas prices to facilitate consumers
ISLAMABAD: Initial findings of a probe into inflated and excessive gas bills to domestic consumers have been presented to the ministers for finance and petroleum...
Top taxpayers to dine with PM Khan
ISLAMABAD: The Federal Board of Revenue (FBR) has made a list of those people who were Pakistan’s top 50 taxpayers for the year 2018 and...
S&P downgrades Pakistan’s rating to B-, says recovery to take longer
--S&P cautions fiscal and external imbalances will remain elevated despite securing financial aid from bilateral partners
LAHORE: S&P Global Ratings has downgraded Pakistan’s long-term foreign currency...
Four-member committee to probe inflated gas bills
ISLAMABAD: Following the directions of Prime Minister Imran Khan, the Petroleum Division on Monday constituted a four-member committee to probe the issue of inflated gas...
Inflation rate accelerates to 7.19% in Jan 2019
ISLAMABAD: The Consumer Price Index (CPI) based inflation increased by 7.19 percent on a year-on-year basis in January 2019 as compared to the same...
Making utmost efforts to improve economy, says Asad Umar
ISLAMABAD: Finance Minister Asad Umar on Friday said that he is making his best efforts to improve the state of the country's economy.
The comments...
Pakistan’s ranking in ease of doing business to be improved on PM’s order: advisor
-Business visas would be available within 24 hours, without going to embassy
ISLAMABAD: Adviser to the Prime Minister (PM) on Commerce, Textile, Industry and Investment...
Another round of talks between Pakistan, IMF ends ‘fruitless’
--IMF demands further devaluation of rupee, increase in tax collection as well as interest rate
Another round of talks between Pakistan and the International Monetary...
New aviation policy in the offing, says minister
ISLAMABAD: Federal Minister for Privatisation and Aviation Muhammad Mian Soomro on Tuesday said a new aviation policy was being designed keeping in view the...
Economic woes can’t be resolved till reduction of trade deficit, says Asad Umar
LAHORE: Finance Minister Asad Umar on Monday said that without reducing the country's trade deficit, the country's economic problems cannot be solved.
The comments were...
Mini-budget to have negative revenue impact of Rs6.8 billion during remainder of FY18-19
Despite the major shortfall of Rs 158 billion during the past six months, the FBR has kept the tax collection target unchanged at Rs...
Oil prices climb as U.S. threatens sanctions against Venezuela
International Brent crude oil futures were at $61.89 a barrel at 0246 GMT, 80 cents, or 1.3 percent, above their last close
The post Oil...
Finance minister sees financial assistance from China within next few days
Rejecting the impression of imposing new taxes worth Rs12 billion, given by a media outlet, Asad Umar categorically denied that any new tax was...
Apex court directs PIA to independently pick CEO
In a detailed judgement issued related to the case of the appointment of Musharraf Rasool Cyan as PIA’s CEO, the Supreme Court said the...
Asian shares rise on optimism over China-US trade talks
Japan’s benchmark Nikkei 225 rose 1.1 percent to 20,794.82. Australia’s S&P/ASX 200 added 0.8 percent to 5,913.80 in early trading, while South Korea’s Kospi...
Starting today, you can only pay your full fare on Careem
In an email message to users on Friday, popular ride-hailing service Careem said it has made changes to the way it receives payments from...
