LONDON: Ministers are considering proposals to replace research grants to industry with loans, in a move that business leaders fear would damage Britain’s ability to innovate.
Converting some or all of the £600m annual innovation budget into interest-paying loans is one option being considered by officials at the Department for Business, Innovation and Skills, as they seek spending cuts of between 25 and 40 per cent over the next five years as part of the autumn spending review.
KARACHI: The sugar mill owners have again urged Food Security Minister Rana Tanveer Hussain to allow the export of 633,000...
LAHORE: The government collected Rs1.567 trillion through the Petroleum Levy (PL) in fiscal year 2025-26. The figure exceeded the revised...
PESHAWAR: The Khyber Pakhtunkhwa cabinet has approved two draft notifications granting sales tax relief to local service providers and industrial...
KARACHI: Businessmen Group (BMG) Chairman Zubair Motiwala and Karachi Chamber of Commerce & Industry (KCCI) President Muhammad Rehan Hanif have...
