Karachi

06/05/2020

KARACHI: Collectorate of Customs Appraisement and Facilitation West issued notification for transfer of 54 appraising officers with immediate effect and...

Abdullah Siddiqui, Hafeez Siddiqui make history by recovering Rs 16b each in narcotics raid, Fazaia case

KARACHI: Pakistan Navy’s Commander Abdullah Siddiqui and his team created a history with an unprecedented raid and recovery of more...

KCCI seeks total waiver of detention charges

KARACHI: To support the consignees in Pakistan during the ongoing difficult times, President Karachi Chamber of Commerce & Industry (KCCI)...

Sindh govt to forward Rs7b wheat scam to NAB for investigation

KARACHI: The Sindh government on Monday decided to forward the case of alleged theft of wheat worth Rs7 billion from...

Govt issues Sukuk worth Rs200b for power sector

KARACHI: The Power Holding Limited (PHC) of Ministry of Energy issued Shariah-compliant Pakistan Energy Sukuk-II worth Rs200 billion for the...

Banks defer loans amounting to Rs236b for one year

KARACHI: Banks have deferred loans amounting to Rs 236 billion for one year as the State Bank of Pakistan (SBP)...

KCCI demands ease in lockdown for small traders/ shopkeepers from 15th Ramadan

02/05/2020

KARACHI: While appreciating numerous measures adopted by Sindh Government since the imposition of lockdown from March 23 to prevent spread...

Sindh wheat scam: NAB recovers directly & indirectly Rs10b

02/05/2020

ISLAMABAD: The National Accountability Bureau (NAB) Sukkur has recovered directly and indirectly Rs10.612 billion in the inquiries of wheat scam...

FBR likely to appoint Tariq Huda as Member Customs (Operations)

KARACHI: The Federal Board of Revenue (FBR) is likely to appoint Tariq Huda as Members Customs (Operations) after consent developed...

SBP reserves rise $1.18b to $12.07b

KARACHI: The foreign exchange reserves held by the central bank increased 10.85% on a weekly basis, according to data released...

SBP’s refinance scheme to secure jobs of over 500,000 employees

KARACHI: State Bank of Pakistan’s (SBP) refinance scheme will secure the jobs of over 500,000 employees amid the coronavirus pandemic...

Wheat smuggling: Sindh seeks closure of border with Balochistan

KARACHI: The Sindh government on Friday decided to seal its border with Balochistan, in a bid to stop wheat smuggling...

Symbol of law and justice in the empty courtroom, law and justice concept.

Customs Court issues notice on acquittal petition in HSD smuggling case

byM.B. Rana

30/04/2020

KARACHI: The Customs Court issued notices to the customs officials and directed them to file their comments on an application...

PSO incurs losses of more than Rs8b in 1Q of FY2020 as sales slump