IMF unlocks $1b for Pakistan as Indian lobbying falls flat

KARACHI: Stocks staged a powerful comeback on Friday, fueled by rising optimism ahead of the IMF Executive Board meeting, with...

Appraisement West detects fabric import scam worth Rs43.9m

KARACHI: Collectorate of Customs Appraisement-West has exposed a huge scam of fictitious declarations on Chinese fabric import consignments. The scam...

FBR announces new remuneration structure for dispute resolution committees

ISLAMABAD: The Federal Board of Revenue (FBR) has revised the remuneration for chairpersons and members of Alternative Dispute Resolution Committees...

Pakistan denies fake loan appeal after Economic Affairs Division’s X account hacked

ISLAMABAD: The Pakistan government has clarified that the official X (formerly Twitter) account of its Economic Affairs Division was hacked,...

Kitchen items’ prices up by 0.24pc

ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), increased by 0.24 percent for the combined consumption groups...

xr:d:DAFGZLzySpE:597,j:42004660331,t:22112408

Business community stands tall with armed forces

ISLAMABAD: President of the Islamabad Chamber of Commerce and Industry (ICCI), Nasir Mansoor Qureshi, Friday expressed unwavering solidarity with the...

Workers’ remittances increase by 30.9pc to $31.2b in first ten months of FY25

LAHORE: The workers’ remittances increased by 30.9 percent during the first ten months of the current fiscal year as compared...

FILE PHOTO: Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson

Shipping lines start imposing surcharges on Pakistan’s cargo

KARACH: Foreign shipping lines are gearing up to impose heavy freight charges while some companies have planned to implement emergency...

SBP reserves increased by $118m, now stand at $10.3b

KARACHI: The State Bank of Pakistan has reported a major increase in its foreign reserves. As per a new report,...

Pakistan not only transforming, but open for business & investment: Aurangzeb

LONDON: Finance Minister Muhammad Aurangzeb has said Pakistan is not only transforming, but it is open for business and investment....

Budget 2025-26: Pakistan govt considers major relief on imported cars

ISLAMABAD: The federal government is set to unveil the national budget for the fiscal year 2025-26 on June 2, with...

Pakistan to launch national fisheries policy to boost exports, investment: Junaid Anwar Chaudhry

ISLAMABAD: Federal Minister for Maritime Affairs, Junaid Anwar Chaudhry, said that a comprehensive National Fisheries Policy will soon be introduced...

SECP launches awareness sessions on corporatization

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched a series of informative sessions aimed at business graduates...

IMF board to decide on $2.3b aid package for Pakistan tomorrow

KARACHI: The International Monetary Fund (IMF) Executive Board is scheduled to meet tomorrow in Washington, where it is expected to...

S&P forecasts further interest rate cuts by SBP, cites improved inflation dynamics

KARACHI: Standard & Poor’s (S&P) Global Market Intelligence has forecast additional rate cuts by the State Bank of Pakistan (SBP)...

FBR seals famous jewelry shop in Karachi over POS violation

KARACHI: In a decisive move to tighten regulatory control over the gold trade, the Federal Board of Revenue (FBR) sealed...

PTBA decries tax amendments as violation of taxpayers’ rights

KARACHI: The Pakistan Tax Bar Association (PTBA) has strongly opposed the recently promulgated Tax Amendments Ordinance 2025, calling it a...

FBR imposes major penalty on IRS officer Ms. Zehra due to prolonged absence

LAHORE: The Federal Board of Revenue (FBR) has imposed a major penalty on Ms. Kiran Zahra, a BS-18 officer of...

Pakistan launches ‘Green Sukuk’ to attract eco-friendly investment