October 30, 2019: Oil and Gas Regulatory Authority (OGRA) Wednesday forwarded a price-revision to the Petroleum Division to determine rates of petroleum products for November. As per the summary, the authority has suggested
October 30, 2019: The Securities and Exchange Commission of Pakistan (SECP) Wednesday warned the public against investing in “FS Links (SMC-Private) Limited”, which had been trying to trap innocent people through social media
October 30, 2019: National Electric Power Regulatory Authority (NEPRA) Wednesday adjourned a public hearing into the petition filed by Central Power Purchase Agency Guarantee Limited (CPPA-G) for power tariff hike under monthly fuel
October 30, 2019: Oil and Gas Regulatory Authority (OGRA) Wednesday forwarded a price-revision to the Petroleum Division to determine rates of petroleum products for the month of November. As per the summary, the
October 30, 2019: Pakistan’s imports from India dropped by 39.47 percent during the first quarter of the current financial year 2019-20, after downgrading of trade relations between the two countries since August this
October 30, 2019 (MLN): The Federal Board of Revenue has published statistics on market tax filers today, according to which in Karachi markets around 85000 have been registered as filers at Tariq Road,
October 30, 2019: World Bank Group President David Malpass will arrive in Islamabad on Wednesday, October 30, 2019 for a three-day visit, his first trip to Pakistan since assuming World Bank Group leadership
October 30, 2019: Pakistan and Cuba have agreed to enhance bilateral cooperation in pharmaceutical, herbal medicine and biotechnology. The agreement was reached at a meeting between Foreign Minister Shah Mahmood Qureshi and Cuban
October 30, 2019: Minister for Economic Affairs, Hammad Azhar has said that the government is implementing a mechanism to wipe out money laundering and suspicious transactions. Talking to a private news channel, he
October 30, 2019: Prime Minister's Advisor on Finance Dr. Hafeez Sheikh has directed immediate payment of payable refunds of two billion rupees to textile exporters. Talking to a delegation of textile exporters in
October 30, 2019: Asian markets slipped Wednesday as traders play a wait-and-see game ahead of the Federal Reserve's latest policy decision, with expectations for another interest rate cut but focus also on its
October 30, 2019 (MLN): Savings mobilisation by the National Savings Schemes (NSS) during 1QFY20 portrays a rather different picture, as it witnessed the withdrawal of Rs 62.9 billion. The negative savings during the
October 30, 2019 (MLN): Profits and dividends repatriated by multinational companies operating in Pakistan during 1QFY20 increased to $349.2 million from $347.6 million in the same period last year. This marginal increase by
October 29, 2019 (MLN): Pakistan’s access to the internet was hampered due to technical issues affecting submarine cables. According to statements issued by PTCL and other internet service providers, outages have been observed
October 29, 2019: Prime Minister's Adviser on Finance Abdul Hafeez Shaikh says talks with traders are underway to bring positive results. Talking to media in Islamabad on Tuesday, he said economic growth of
Foreign Minister Makhdoom Shah Mahmood Qureshi Wednesday called for the need to promote trade and economic linkages and greater people to people contacts with the United Kingdom. Talking to British High Commissioner to Pakistan Thomas
Pakistan Railways is planning to utilize 10,913 acres barren land across the country by executing various projects, in order to earn more revenue for the department. “Pakistan Railways has 8,424 acres barren land in Punjab,
The district excise and taxation department is tightening noose around tax evaders, recovering a total of Rs.14.50 million which exceed target of Rs.10 million during the last month. Talking to media, the Excise and Taxation
Pakistan State Oil (PSO), the Karachi based state-owned petroleum corporation, claims Rs 328 billion in debt from various companies. The oil marketing giant is on the verge of a default due to such high receivables
Market sentiment is looking bearish so far as the benchmark KSE – 100 index is currently trading at 42,442 points, having shed 102 points. As of now, intraday high has been recorded at 42,628 points
According to the Ministry of Finance, Dr Muhammad Jahenzaib has been appointed as the new chairman of Federal Board of Revenue. Mr. Jahanzaib was working as secretary at board of investment.
ISLAMABAD, 28 AUGUST 2018: The Competition Commission of Pakistan (CCP) has issued an interim order directing a Lahore-based cafe, Options International (SMC-Pvt.) Limited, to immediately stop using “STARBUCKS” logo in the advertising material for its
Investors demonstrated bearish sentiments as the 100 index opened the day below the previous closing and took a nosedive during the final hours, shedding 201 points to settle at 42,544 points by the day end.
Advisor to Prime Minister on Commerce, Textiles, Industries production and Investment, Abdul Razzaq Dawood said Tuesday that the incumbent government was determined to promote regional trade and export-led growth of economy. “Promotion of regional economic
Foreign Minister Shah Mehmood Qureshi and his Bahraini counterpart Shaikh Khalid Bin Ahmed Al Khalifa agreed on Tuesday to reinvigorate economic and investment relations between their countries to boost the current bilateral trade volume of
Cotton crop output during the current season is expected to cross 14.23 million bales as the area under crop cultivation had witnessed over 2 percent increase during the period under review as compared the same
The non-tax revenues collected by the federal government were recorded at Rs.630,378 million during the fiscal year 2017-18, according to the data of Finance Ministry. Out of the total non-tax revenue, the mark up (provinces)
Minister for Finance, Revenue and Economic Affairs, Asad Umer on Tuesday told the Senate that the newly elected government would be taking steps to complete the process of the National Finance Commission Awards (NFC). Senator
Pakistan Steel Mills is to be revived as the newly elected government has started consultations on the matter, inviting suggestions in this regard from people belonging to all walks of life. According to sources close
After opening the previous two trading sessions in the positive zone, the capital markets snap back to a negative session start, as the benchmark KSE – 100 index began the day’s trading 15 points lower
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