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LAHORE: The workers’ remittances increased by 30.9 percent during the first ten months of the current fiscal year as compared...

FILE PHOTO: Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson

Shipping lines start imposing surcharges on Pakistan’s cargo

KARACH: Foreign shipping lines are gearing up to impose heavy freight charges while some companies have planned to implement emergency...

SBP reserves increased by $118m, now stand at $10.3b

KARACHI: The State Bank of Pakistan has reported a major increase in its foreign reserves. As per a new report,...

Pakistan not only transforming, but open for business & investment: Aurangzeb

LONDON: Finance Minister Muhammad Aurangzeb has said Pakistan is not only transforming, but it is open for business and investment....

Budget 2025-26: Pakistan govt considers major relief on imported cars

ISLAMABAD: The federal government is set to unveil the national budget for the fiscal year 2025-26 on June 2, with...

Pakistan to launch national fisheries policy to boost exports, investment: Junaid Anwar Chaudhry

ISLAMABAD: Federal Minister for Maritime Affairs, Junaid Anwar Chaudhry, said that a comprehensive National Fisheries Policy will soon be introduced...

SECP launches awareness sessions on corporatization

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched a series of informative sessions aimed at business graduates...

IMF board to decide on $2.3b aid package for Pakistan tomorrow

KARACHI: The International Monetary Fund (IMF) Executive Board is scheduled to meet tomorrow in Washington, where it is expected to...

S&P forecasts further interest rate cuts by SBP, cites improved inflation dynamics

KARACHI: Standard & Poor’s (S&P) Global Market Intelligence has forecast additional rate cuts by the State Bank of Pakistan (SBP)...

FBR seals famous jewelry shop in Karachi over POS violation

KARACHI: In a decisive move to tighten regulatory control over the gold trade, the Federal Board of Revenue (FBR) sealed...

PTBA decries tax amendments as violation of taxpayers’ rights

KARACHI: The Pakistan Tax Bar Association (PTBA) has strongly opposed the recently promulgated Tax Amendments Ordinance 2025, calling it a...

FBR imposes major penalty on IRS officer Ms. Zehra due to prolonged absence

LAHORE: The Federal Board of Revenue (FBR) has imposed a major penalty on Ms. Kiran Zahra, a BS-18 officer of...

Pakistan launches ‘Green Sukuk’ to attract eco-friendly investment

ISLAMABAD: Pakistan’s finance ministry announced the launch of its first ever “Green Sukuk” financial instrument on Wednesday, saying it was...

Aurangzeb lauds Standard Chartered Bank’s confidence in Pakistan’s economy

LONNDON: Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has lauded Standard Chartered Bank’s confidence in Pakistan’s economic trajectory and...

Adviser to PM on Privatization meets global investment leaders

ISLAMABAD: Adviser to the Prime Minister on Privatization and Chairman of the Privatization Commission, Muhammad Ali, held a series of...

Finance Minister briefs UK’s Minister of State for South Asia on India’s unprovoked attacks on civilian population in Pakistan

ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb met with UK’s Minister of State for South Asia Hamish Falconer...

Finance Minister meets senior executives of Deutsche Bank

LONDON: Minister for Finance and Revenue Senator Muhammad Aurangzeb met with senior executives of Deutsche Bank at the Pakistan High...

Pakistan authorizes military response to Indian strikes: National Security Council

07/05/2025

KARACHI: Pakistan’s National Security Council (NSC) has given permission to the country’s army to take action in response to recent...

Pakistan suspends transit of India-bound goods across all trade routes