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FIA to monitor sugar mills during crushing season
ISLAMABAD: The Federal Investigation Agency (FIA) has been tasked to monitor sugar mills during the ongoing crushing season. Following the...
IMF program ‘hinders’ petroleum prices relief in Pakistan
ISLAMABAD: The government’s inability to reduce the petroleum levy has resulted in a significant increase in petroleum prices, with prices...
FBR officers criticize tax administration, policies for low collection
ISLAMABAD: The Federal Board of Revenue (FBR) officers Monday held tax administration and policies responsible for the shortfall in the...
November’s FBR revenue collection short of target
ISLAMABAD: The Federal Board of Revenue (FBR) revenue collection would reach over Rs855 billion during November 2024 against the target...
Pakistan dedicated to expanding trade relations with Ethiopia, broader African
ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan said that Pakistan was dedicated to expanding trade relations with Ethiopia and...
Uzbekistan Airways first direct flight lands in Lahore
LAHORE: First direct flight from Tashkent to Lahore was launched on Friday and it was welcomed by Ambassador of Uzbekistan...
Smog hits South Punjab’s potato production: Exports plunge amid climate change challenges
MULTAN: Potato exports from Pakistan are projected to decline sharply this fiscal year, driven by severe environmental impacts in South...
Pakistan, Azerbaijan agreed for promoting joint ventures & trade
ISLAMABAD: Azerbaijan and Pakistan on Saturday agreed to promote joint projects and trade partnership for which practical work will be...
SBP injects Rs2.35 trillion in the market
KARACHI: The State Bank of Pakistan (SBP) injected Rs2350 billion in the market through reverse repo purchase and Shariah Compliant...
Govt determined to improve digital infrastructure: Aurangzeb
ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb chaired a meeting of the Advisory Committee on the Release of...
SECP warns about another fraudulent trading platform “IGIL Securities”
MULTAN: The Securities and Exchange Commission of Pakistan (SECP) has identified another illegal trading platform operating under the name “IGIL...
LCCI praises ministry for releasing imported chemicals from ports
LAHORE: The Lahore Chamber of Commerce & Industry has expressed deep appreciation to the Ministry of Energy’s Petroleum Division for...
State Bank of Pakistan receives $500m loan from Asian Development Bank
KARACHI: The State Bank of Pakistan (SBP) has received a $500 million loan from the Asian Development Bank (ADB). According...
Weekly inflation decelerates to 5.13pc in Pakistan
ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), decelerated to 5.13 percent on year-on-year (YoY) basis during...
FBR deals with Rs255b tax deficit in first five months of Fiscal Year-2025
ISLAMABAD: The Federal Board of Revenue (FBR) is expected to fall short of its tax collection goal by more than...
FPCCI demands withdrawal of port charges on chemical containers
ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice-President Asif Sakhi on Friday demanded of the incumbent government...
Faysal Bank wins top awards at IRBA 2024
KARACHI: Faysal Bank Limited (FBL) was honored with two prestigious awards at the 10th Islamic Retail Banking Awards. It was...
Pakistan’s forex reserves cross $16b, SBP data shows
KARACHI: Pakistan’s total foreign exchange reserves soared to $16.076 billion, the State Bank of Pakistan (SBP) data showed. According to...
CDNS attains Rs560b mark in annual savings target
ISLAMABAD: The Central Directorate of National Savings (CDNS) has accomplished a target of Rs560 billion in fresh bonds and achieved...
Banks to remain open on weekend for receiving Hajj 2025 applications
KARACHI: In order to facilitate the intending pilgrims to deposit applications for Hajj 2025, the State Bank of Pakistan (SBP)...
