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Omar Ayub talks with IPPs to lower power tariff

ISLAMABAD: Federal Minister for Power Division Omar Ayub Khan on Monday held talks with the independent power producers (IPPs) and...

An employee serves oil at a petrol station still opened during a strikeon December 11, 2012 in Rome. The strike of petrol stations in Italy started the day before at 7 PM and will last until December 14 at 7 PM. AFP PHOTO / ANDREAS SOLARO / AFP PHOTO / ANDREAS SOLARO

Oil prices likely to drop Rs15 as crude oil dives to 22-year low at $11

ISLAMABAD: As the oil prices dived to 22-year lows at just $11 after crashing almost 40 percent in a market...

Stocks extend gains with 667-point rally

KARACHI: Continuing with the positive momentum from the previous session, the Pakistan Stock Exchange (PSX) managed to accumulate decent gains...

Businessmen fears worse economic conditions in 2020

KARACHI: The Business & Industrial Community of Karachi, which was already largely pessimistic about the business and economic conditions for...

NAB decides to investigate wheat, sugar scandal

ISLAMABAD: National Accountability Bureau (NAB) has decided to launch probe into wheat and sugar crisis. According to sources, NAB cannot...

ECC approves 0.2MMT wheat for Utility Stores

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved 0.2 million metric tons of wheat for Utility...

Governor Punjab lauds RCCI relief activities

RAWALPINDI: Governor Punjab Muhammad Sarwar Chaudhry has said that the business community has always participated in relief work in every...

Govt to empower FBR to enforce laws regarding anti-smuggling

ISLAMABAD: The Govt is trying to empower anti-smuggling and intelligence agencies of the Federal Board of Revenue (FBR) to enforce...

FBR to transfer tax refunds into accounts

The Federal Board of Revenue (FBR) has stopped issuance of income tax refund cheques to the taxpayers and now the...

Covid-19: FBR female employee tested positive

ISLAMABAD: One FBR’s female employee working in Large Taxpayer Unit (LTU) Islamabad has been found Covid-19 positive after her test....

Three factories sealed in Karachi for violating SOPs issued by Sindh govt

KARACHI: The provincial authorities on Monday sealed three factory units in Karachi for violating standard operating procedures (SOPs) issued...

FBR collects Rs71.21b as regulatory duty in last fiscal year

ISLAMABAD: The customs authorities have collected Rs71.21 billion as regulatory duty during fiscal year 2018/2019, said Federal Board of Revenue...

Sindh waives NOC condition for businesses exempted from lockdown

KARACHI: The Sindh government has provided another relief by waiving non-objection certificate (NOC) condition for all industrial and business activities...

World Bank plans to approve $500m for Pakistan