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ECC approves Rs68.74b for oil marketing companies & refineries
ISLAMABAD: The Economic Coordination Committee (ECC) on Tuesday approved supplementary grant of Rs. 68.74 billion for disbursement of Price Differential...
Syed Faisal Ali Sabzwari takes charge as federal minister for maritime affairs
ISLAMABAD: Syed Faisal Ali Subzwari has taken charge as a Federal Minister for Maritime Affairs in Islamabad. Federal Minister Subzwari...
FBR to launch Inland Revenue Service Strategic Reform Plan 2021-21 today
ISLAMABAD: The Federal Board of Revenue (FBR) is likely to launch the plan on Wednesday (today). The plan revealed that...
Finance Minister Miftah Ismail for further enhancing cooperation with China
ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail expressed desire to further enhance bilateral cooperation with China in various...
TDC seeks cooperation of business community to promote diabetes care
ISLAMABAD: Asjad Hameed, Chairman, Board of Directors of The Diabetes Centre (TDC) along with his team visited Islamabad Chamber of...
Power tariff may increase Rs3.15 per unit under FCA of March 2022
ISLAMABAD: Central Power Purchasing Agency (CPPA) has asked the National Electric Power Regulatory Authority (NEPRA) to increase the power tariff...
Long-standing structural challenges pose risks to Pakistan’s sustained growth: World Bank
ISLAMABAD, Apr 19 (APP): Pakistan’s economy enjoyed a strong recovery and grew 5.6 percent in FY21 following measures taken by...
Pakistani banks may feel heat of Sri Lanka’s default
KARACHI: Pakistan’s banks operating in Sri Lanka are in hot waters as their exposures of around Rs26.78 billion are at...
Writ petition against FTO orders dismissed
LAHORE: Lahore High Court (LHC) has dismissed writ petition against orders of Federal Tax Ombudsman. While deciding the matter of...
Bank Alfalah, Paymob to drive digital payment in Pakistan
KARACHI: Paymob, Mena’s market-leading digital payments provider, has announced a new, strategic relationship with Bank Alfalah, in one of Pakistan’s...
Food exports up by 18.92pc to $3.961b in 3 quarters
ISLAMABAD: Food exports from the country witnessed an increase of 18.92 percent during the first three quarters of the current...
KP govt withdraws unused funds from administrative depts
PESHAWAR: The Khyber Pakhtunkhwa government has begun the process of withdrawing unused development funds from different administrative departments. So far,...
LCCI welcomes deadline for Diamer-Bhasha Dam’s construction
LAHORE: While welcoming the setting up of deadline for Diamer-Bhasha dam, the Lahore Chamber of Commerce & Industry (LCCI) said...
Pakistan decides to resume talks for IMF package revival
ISLAMABAD: The new government has decided to resume talks with the International Monetary Fund (IMF) in Washington. According to sources,...
POL import bill surge 96pc to $14.812b in 9 months of FY22
ISLAMABAD: The imports of overall petroleum group witnessed an increase of 96.09 percent during the first nine months of the...
Govt urged to take businessmen on board in policy making
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) has urged the government to engage the private sector in the consultation...
Multan Customs seizes smuggled goods worth Rs134m from Industrial Estate Area
MULTAN: Collectorate of Customs Enforcement on a tip-off, has seized a huge quantity of smuggled goods, i.e., cloth, cigarettes, crockery...
Pakistan extends time for transportation of Indian wheat, medicines to Afghanistan
ISLAMABAD: The Government of Pakistan has decided to extend by two months the time for transportation of Indian wheat and...
FBR allocates quota of raw material for industries in erstwhile FATA/PATA
ISLAMABAD: The Federal Board of Revenue (FBR) allocated quota of raw material import on free of duty and taxes for...
Current account deficit likely to hit $20b mark in FY22
ISLAMABAD: The country’s current account deficit is expected to cross $20 billion mark by end of current fiscal year as...
