Tag: Finance

India government preparing new reforms: minister

India’s finance minister said Thursday that the government was preparing new economic reforms as it focuses on kickstarting investment in the sharply slowing economy. After...

Are their services any less valuable?

The finance department of the government of Sindh has rightly been enhancing the sum assured to all its employees under the group insurance scheme...

Afghan finance minister faces corruption probe

Afghanistan’s finance minister will be investigated after large amounts of money were found to have been deposited into his bank account and transferred abroad,...

SECP to support Islamic finance summit

The commitment of the Securities and Exchange Commission of Pakistan (SECP) to Islamic finance is cemented by its support for the second World Islamic...

India to name new finance minister

India's Home Minister P. Chidambaram is likely to switch to finance minister this week, stepping into the key role at a difficult time for...

PCB gets sponsor for DRS during Australia series

The Pakistan Cricket Board will implement the Decision Review System (DRS) for the upcoming one-day series against Australia in the United Arab Emirates next...

Finance secretary responsible for Railway crisis: Bilour

Minister for Railways Ghulam Ahmad Bilour on Thursday demanded 400 new locomotives and offered to bear any punishment if he failed to overcome the...

POL, CNG prices set to mount on July 16

The Finance Ministry has given the approval of increase in petroleum prices which would hike the petrol price by Rs1.41 per litre and CNG...

EU finance ministers play up aid for Spain, press ahead

Eurozone finance ministers claimed new progress in fighting the debt crisis on Tuesday, saying measures agreed to help Spain and its stricken banks put...

Strategy final for releasing funds for FY 2012-13

The ministry of finance has finalised a strategy regarding release of funds for the financial year (FY) 2012-13 for current and development expenditure. The...

So, what’s the plan?

The Ministry of Finance has finalised a strategy regarding release of funds for the financial year (FY) 2012-13 for current and development expenditure. The...

Police raid Sarkozy office in campaign finance probe

French police searched Nicolas Sarkozy’s offices and home Tuesday as part of their probe into claims the former president was involved in illegal political...

LCCI informs govt that they’re in low cotton

The Lahore Chamber of Commerce and Industry Thursday urged the government to announce a special package for ailing cottage industry to offset the financial...

SBP gives microfinance sector the lollipop

The State Bank of Pakistan (SBP) has allowed microfinance providers (MFPs) to mobilise funding from non-bank sources and the capital market under the Microfinance...

PAC criticises Finance Ministry for not implementing monetisation policy

The Public Accounts Committee (PAC) came hard on the Ministry of Finance on Wednesday for not getting the Monetization of Vehicles’ Policy implemented in...

Whatever euro’s fate, Europe’s reputation savaged

With an apparently never-ending series of last-minute summits and telephone calls, Europe’s leaders and finance ministers have held the bloc together in the face...

Spain steps up pressure on ECB to calm crisis

Spain stepped up pressure on Wednesday on the EU's central bank to intervene urgently to calm a eurozone storm, which has intensified despite a...