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KARACHI: A division bench headed by Justice Aqeel Ahmed Abbasi directed customs officials to file their respective para wise comments...

M/s Wali Khan Trading approaches SHC against detention of imported consignment

byM.B. Rana

KARACHI: M/s Wali Khan Trading Company approached the Sindh High Court (SHC) and filed a petition against detention of its...

Govt redirects $40m non-utilised funds from World Bank projects to fight coronavirus

ISLAMABAD: The government on Friday redirected $40 million non-utilised sums from World Bank projects that can be used by the...

Weekly inflation witnesses increase of 0.05pC

ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on March 19, for the combined consumption...

FBR promotes 42 officers of IRS to BS-20 & BS-21

ISLAMABAD: Federal Board of Revenue (FBR) notified promotions of Inland Revenue Service (IRS) officers to BS-20 and BS-21. The following...

FBR directs field formations to use skeleton staff to perform duties

KARACHI: The Federal Board of Revenue (FBR) has issued the following Advisory to all field formations of FBR in line...

PM wants people to exercise discipline, rather than shutting down whole cities

ISLAMABAD: Prime Minister Imran Khan asked that during the prevailing coronavirus situation in Pakistan, what the poor working class would...

Pak Rupee loses 10 paisa against US dollar in interbank

ISLAMABAD: The exchange rate of Pakistani rupee against US dollar witnessed decrease of 10 paisa in interbank on Friday and...

Bulls return to PSX as KSE-100 index gains 537 points

KARACHI: After witnessing bullish trends for continuous four days, the Pakistan Stock Exchange on Friday bounced back and gained 537...

SECP ask companies to divert CSR activities for COVID-19 prevention

ISLAMABAD: The Security and Exchange Commission of Pakistan (SECP), as corporate sector regulator, advised all companies to divert their Corporate...

PM allows trade with Afghanistan despite COVID-19 pandemic

ISLAMABAD: In a surprise move, Prime Minister Imran Khan on Friday allowed trade with Afghanistan despite coronavirus pandemic in the...

Tax deferrals, interest rate cut proposed as govt mulls emergency bailout

ISLAMABAD: The government of the Pakistan Tehreek-e-Insaf (PTI) is mulling an “economic emergency bailout package” to help people and businesses...

LESCO asked to ensure subsidised electricity for exporters

LAHORE: The All Pakistan Textile Mills Association (APTMA) has asked the Lahore Electric Supply Company (LESCO) to revise power tariff...

LCCI appeals traders to continue to play their outstanding role at testing time

LAHORE: The Lahore Chamber of Commerce & Industry on Friday has said that supply chain of the edibles and essentials...

Rice exports increases 11.09%, reaches $1.257b in 8 months

ISLAMABAD: Rice exports from the country during last eight months of current financial year increased by 11.09% as compared the...

Multan Customs generates Rs38.193m through auction of confiscated vehicles & goods

byImran Ali

MULTAN: Collectorate of Customs Preventive generated Rs38.193 million through auction of the confiscated vehicles and miscellaneous goods lying at the...

Customs Court extends remand of suspect in Iranian HSD oil smuggling case

byM.B. Rana

KARACHI: The Customs Court extended physical remand of suspect namely Rahimullah Khan son of Sazullah Khan and sent back him...

Tax exemptions, subsides to be given to counter economic slowdown: Hafeez Shaikh

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Abdul Hafeez Shaikh on Friday said that Pakistan’s economy was on...

A pedestrian walks past a stock indicator displaying share prices on the Tokyo Stock Exchange in Tokyo on February 6, 2020. - Tokyo stocks closed more than two percent higher on February 6, boosted by record-setting advances on Wall Street on strong US economic data and hopes over containing the deadly new coronavirus. (Photo by STR / JIJI PRESS / AFP) / Japan OUT

Asian Markets Show Modest Optimism