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FCCI purchases mosquito repellent for Balochistan flood-hit people
FAISALABAD: Faisalabad Chamber of Commerce & Industry (FCCI) has purchased mosquito repellent (Mospel) for distribution among the flood-affected people of...
FIA expedites probe into Pakistan Steel Mills theft cases
KARACHI: Federal Investigation Agency (FIA) has expedited probe into theft cases worth billions in the Pakistan Steel Mills (PSM). According...
PM reinstates FBR officer Syed Nasir Jamal Shah facing ‘removal from service’ penalty
LAHORE: Prime Minister Shehbaz Sharif has reinstated a BS-18 officer of the Federal Board of Revenue (FBR) against whom major...
Floods in Pakistan: Concern over poor response of countries causing pollution
LAHORE : Coordinator to Federal Tax Ombudsman Meher Kashif Younis Thursday expressed grave concern that Pakistan was facing a massive...
Finance ministry contests rating action by Moody’s
ISLAMABAD: The Finance Ministry strongly contested the Moody’s rating action, which it said was carried out unilaterally without prior consultations...
Moody’s downgrades Pakistan’s rating to Caa1 after 7 years
SINGAPORE: Moody's Investors Service (Moody's) downgraded the Government of Pakistan's local and foreign currency issuer and senior unsecured debt ratings...
Govt announces provision of electricity to exporters at a subsidised rate
ISLAMABAD” The government announced that it will provide subsidised electricity to the country’s exporters at Rs19.99 per unit. This was...
Dar for getting ‘agriculture package’ ready within week
ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar advised relevant ministers and officials to ensure that a...
Roshan Digital Account inflows cross $5b mark in 25 months
KARACHI: Inflow of remittances under Roshan Digital Account (RDA) rose to US $5.15 billion by the end of September 2022...
Alarm bells ring as foreign exchange reserves fall below $8b
KARACHI: In line with the dominant trend over the last several weeks, the country’s foreign exchange reserves held by the...
9m Pakistanis pushed into poverty due to floods: World Bank
ISLAMABAD: Between six and nine million Pakistanis are set to be dragged into poverty as a result of cataclysmic monsoon...
‘KPT fails to clear over 5,000 containers in six months’
ISLAMABAD: The Public Accounts Committee (PAC) was told that the Karachi Port Trust (KPT) had withheld more than 5,000 containers...
LCCI urges SBP to solve problems faced by importers
LAHORE: The Lahore Chamber of Commerce & Industry has expressed its profound concern over the issue of approval of Import...
Ex-SBP Governor Tariq Bajwa appoint SAPM
ISLAMABAD: Prime Minister Shehbaz Sharif has appointed Former Governor State Bank of Pakistan Tariq Bajwa to the federal cabinet. Tariq...
President approves filing of reference over Reko Diq Project
ISLAMABAD: President Dr Arif Alvi on the advice of Prime Minister Muhammad Shehbaz Sharif has accorded his approval to a...
FBR prescribes relevant form for taxpayers of immovable properties
LAHORE: The Federal Board of Revenue (FBR) has prescribed the relevant form for taxpayers with regard to payment of tax...
ADB to provide up to US$2.5b under flood relief support to Pakistan this month: Country Director
ISLAMABAD: The Asian Development Band (ADB) will provide flood relief support to Pakistan to the tune of US$ 2.3 to...
Modalities to reduce winter gas shortfall discussed
ISLAMABAD: Modalities for provision of adequate gas supply for domestic and industrial consumption and reducing the shortfall in the winter...
‘SBP to soon complete probe into alleged forex manipulation by banks’
KARACHI: The State Bank of Pakistan (SBP) will soon complete an investigation into alleged manipulation by commercial banks of foreign...
DG Valuation revises customs values of Polyester Filament Yarn vide VR No1665/2022
KARACHI: Directorate General Customs Valuation has revised the customs values of Polyester Filament Yarn under sub-section (8) and section 25...
