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PSX gains 190 points on improved investors sentiments
KARACHI: The equity market gained 190 points on Tuesday owing to improved sentiments of investors. The benchmark KSE-100 index of...
KPT shipping intelligence report April 14
KARACHI:The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Tuesday....
Pak Rupee falls by 12 paisas on import payment demand
KARACHI: The Pak Rupee fell by 12 paisas against dollar on Tuesday owing to higher demand of the foreign currency...
FBR issues refunds of Rs51.5b through FASTER
ISLAMABAD: The Federal Board of Revenue has Issues refunds of Rs51.5 billion through FASTER. According to press note, the FBR...
Federal cabinet approves extension in lockdown till April 30
ISLAMABAD: Federal cabinet meeting chaired by Prime Minister Imran Khan on Tuesday approved extension in countrywide lockdown to mitigate coronavirus...
Oil prices rise as President Trump flags deeper output cuts
NEW YORK: Oil prices rose Tuesday after US President Donald Trump said producers are considering cutting 20 million barrels per...
FBR directs RTO Multan to complete sales tax refunds process till April 20
MULTAN: The Federal Board of Revenue (FBR) sought comprehensive report from chief commissioner Regional Tax Office for issuance of sales...
Proposal to give WHT relief to cellular consumers in wake of Coronavirus discussed
ISLAMABAD: The Committee on Issues of Cellular Mobile Operators has agreed to prepare proposals for withdrawal of withholding tax as...
Director I&I Irfan Javed seizes smuggled goods worth Rs39m from Super Parcel Goods train
KARACHI: Directorate of Customs Intelligence and Investigation (I&I) team recovered huge quantity of smuggled goods which were being transported from...
Online portal for MPAs budget suggestions developed
LAHORE: Punjab government on Tuesday designated an online portal for parliamentarians to receive their suggestions and schemes for provincial budget...
‘Kamyab Jawan’: PM decides to enhance loaning limit up to Rs25m
ISLAMABAD: Prime Minister Imran Khan on Tuesday decided to further provide greater entrepreneurship opportunities to the country’s youth by enhancing...
Current account deficit contracts to six-year low: SBP
KARACHI: The current account deficit contracted to a six-year low, foreign exchange reserves increased, the primary budget recorded a surplus....
Customs Court approves charge sheet against M/s Mashallah Steel and others
KARACHI: The Customs Court approved charge sheet against suspect namely Aurangzeb Hashmi, owner of M/s Mashallah Steel and others, who...
Govt releases Rs4118.810m for power projects
ISLAMABAD: The government has released an amount of Rs 4,118.810 million for various power projects under annual Public Sector Development...
China will continue support to Pakistan in wake of corona virus panedemic: Envoy
ISLAMABAD: Ambassador of the People's Republic of China, Yao Jing, called on the Adviser to Prime Minister on Finance and...
Proprietor of M/s Hamdan Trading files acquittal petition in tax evasion case
KARACHI: Hayatullah, proprietor of M/s Hamdan Trading approached the Customs Court and moved petition under section 265-K CR.PC for acquittal,...
SHC summons details of actions taken against profiteers by provincial govt
KARACHI: The Sindh High Court (SHC) summoned details of actions taken against profiteers by the provincial government, concerned departments and...
Pak Rupee eases by four paisas against US dollar
KARACHI: The Pak Rupee fell by four paisas on Monday owing to demand for import payment as market opened after...
Construction of Sukkur-Hyderabad Motorway to start by end 2020: Gen (r) Asim Bajwa
ISLAMABAD: The construction work on the Sukkur-Hyderabad Motorway is likely to start by end of 2020, Chairman China Pakistan Economic...
Stocks plunge 1,000 points on economic concerns
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a lacklustre start to the week, with the benchmark KSE-100 Index shedding over...
