Latest News

KARACHI: The Pak Rupee made four paisas gain against the dollar on Friday amid demand for import and corporate payments....

Exports increase 2.11pc in 5 months, 7.67pc in November

ISLAMABAD: The exports increased by 2.11 percent during the first five months of the current fiscal year as compared to...

Govt released Rs1.78b for textile sector: Razak Dawood

ISLAMABAD: Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood has informed that the government has released 1.78...

FBR chairman urged to extend date of filing income tax returns

LAHORE: Pakistan Tax Bar Association (PTBA) has sought extension in fling of returns of income for tax year 2020 till...

FBR sends tax notices to 70,000 potential tax evaders: SAPM Dr. Waqar Maqsood

ISLAMABAD: Special Assistant to Prime Minister on Revenue Dr. Waqr Masood has said that Federal Board of Revenue (FBR) has...

Strong growth in digital financial transactions in 1Q of FY21: SBP

KARACHI: State Bank of Pakistan (SBP) released its Quarterly Payment System Review for the first quarter of the fiscal year...

Oil pumps in operation at an oilfield near central Los Angeles on February 02, 2011. World oil prices recently rallied close to $100 per barrel, as traders absorbed impressive fourth-quarter US economic growth and fretted over worsening political turmoil in Egypt. Most other commodity markets also won support this week from news that the US economic recovery picked up speed in the last three months of 2010, stoking hopes of strengthening demand for raw materials. The US economy grew at its fastest clip in five years in 2010, the Commerce Department reported, as the country bounced back from recession and fears of a double-dip recession ebbed. AFP PHOTO/Mark RALSTON (Photo credit should read MARK RALSTON/AFP/Getty Images)

Oil prices rise as producers agree on supply compromise

TOKYO: Oil prices rose on Friday, heading for a fifth week of gains, after major producers agreed to continue to...

PM’s construction package for builders & developers in full swing: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) said that registration for construction projects under Prime Minister’s construction package continued in...

SHC directs to release consignment imported by M/s M.A International

byM.B. Rana

KARACHI: A division bench of the Sindh High Court (SHC) directed customs officials to immediately release the goods as adjudicated...

Customs Court acquits 4 suspects booked in liquor smuggling case

byM.B. Rana

KARACHI: The Customs Court acquitted suspects namely Riaz Badar, Muhammad Aqeel Khan, Bakar Ali Khan and Shaikh Sajjad Ahmed from...

‘SPI consistently in single digit; sugar price reduced by 7.5 pc’

ISLAMABAD: Federal Minister for Planning and Development Asad Umar said on Friday that the Sensitive Price Index (SPI) recorded another...

LHC suspends final determination order over anti-dumping duty on petition filed by M/s Sama Traders

byM.B. Rana

LAHORE: A single bench headed by Justice Atir Mahmood of Lahore High Court, Lahore Judicial Department subject to notice for...

FBR taking effective measures to curb under-invoicing: Member Customs Tariq Huda

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh chaired the fourth meeting of the...

Pak Rupee strengthens by 29 paisas against USD on inflows

KARACHI: The Pak Rupee strengthened by 29 paisas against the dollar on Thursday owing to reports of growth in exports...

ICCI to organize seminar on reduce impact of coronavirus

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) would organize seminar on how to reduce impact of Covid-19 on businesses...

TDAP ready to explore foreign tourist markets for Pakistan

LAHORE: Trade Development Authority of Pakistan (TDAP) will organize a webinar on "New Normal for the Tourism Sector of Pakistan:...

A man is reflected in an electronic board showing the graph of the recent fluctuations of the Tokyo Stock Price Index (TOPIX) outside a brokerage in Tokyo, Japan, June 27, 2016. REUTERS/Toru Hanai

Asian markets mostly up on vaccines, eyes On US stimulus talks