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POL tests hydrocarbons from its well in Punjab
KARACHI: The Pakistan Oilfields Limited (POL), Operator of Pindori D&P Lease has tested hydrocarbons from its Development Well Pindori-10, located...
Pak Rupee gains seven paisas against dollar
KARACHI: The Pak Rupee gained seven paisas against dollar on Wednesday owing to lower import and corporate demand, dealers said....
Bearish spell continues as KSE-100 sheds 293 points
KARACHI: Bearish trend continued at the Pakistan Stock Exchange (PSX) on Wednesday, as the indices remained in the negative zone...
SEZs aim to provide maximum facilities to investors: PM Imran
ISLAMABAD: Prime Minister Imran Khan on Wednesday said that the government was establishing special economic zones (SEZs) to provide maximum...
Customs AIIA foils bid to smuggle 11kgs of katamine
LAHORE: Collectorate of Customs team deputed at Allama Iqbal International Airport and arrested two passengers who were attempting to smuggle...
PR announces 25pc reduction in train fares
LAHORE: The Pakistan Railways on Wednesday announced to reduce fares by 25 percent on specific trains. According to a notification,...
KPT shipping movements report March 4
KARACHI: Following were the Movements of Ships at Karachi Port Trust (KPT) during last 24 hours, ending at 0700 hours...
Unprecedented 160pc increase in tax filers witnessed: Nausheen Javed Amjad
ISLAMABAD: Federal Board of Revenue (FBR) Acting Chairman Nausheen Amjad said that an unprecedented 160 percent increase in tax filers...
Banking deposits hit all-time high due to interest rates: SBP
KARACHI: The deposits of banking system hit all-time high of Rs14.672 trillion by end of January 2020 owing to higher...
FBR directs to ask source of money used for purchase of immovable property
ISLAMABAD: Federal Board of Revenue (FBR) said that a commissioner of Inland Revenue has been empowered to ask source of...
Peshawar Preventive withdraws recovery notice against M/s Sangeen Khan & Brothers Arms Dealers
PESHAWAR: Collectorate of Customs Preventive Peshawar recovery branch has decided to withdraw recovery notice against M/s Sangeen Khan & Brothers...
Maersk, UMA offices raided; CEO in hiding to evade arrest
KARACHI: Authorities raided offices of Maersk Lines and United Marines Agency (UMA) to arrest their high-ups but could not apprehend...
Customs Court extends remand of suspect booked in smuggling case
KARACHI: The Customs Court extended physical remand of suspect namely Ghulam Qadir son of Abdul Khaliq, and sent him to...
PSDP witnesses 6 years record utilization of 39pc: Asad Umar
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives (PDSI), Asad Umar on Wednesday said that during the first 8...
PM Imran appreciates suggestions for revival of sick industrial units
ISLAMABAD: Prime Minister Imran Khan welcomed proposals of banks for revival of sick industrial units. A delegation of prominent bankers...
Sindh govt to levy new tax on underground water usage
KARACHI: The government of Sindh decided to impose a new tax on the use of water in the province. A...
ECC approves steps to encourage remittances through formal channels
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a host of measures to encourage and facilitate the...
SHC seeks reply on petition filed by M/s Selani & Selani against enhancement of valuation
KARACHI: The Sindh High Court (SHC) issued notices to the customs department on a petition filed by M/s Selani &...
WB approves $300m to support human capital, livelihoods in Pakistan
WASHINGTON: The World Bank has approved $300 million to support human capital and livelihoods in Pakistan, said a statement on...
Sindh excise to start campaign for recovery of motor vehicle tax
KARACHI: Sindh Minister for Excise and Taxation & Narcotics Control and Parliamentary Affairs Mukesh Kumar Chawla has asked the officers...
