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BUSINESS
BMP sets to sweep in FPCCI elections 2022
ISLAMABAD: Businessmen Panel (BMP) , a group headed by Pakistan’s leading industrialist Mr Anjum Nisar, is set to sweep in Federation of Pakistan Chambers and Industry (FPCCI) elections 2022 as majority of the members of this august body of…
FBR hunts first non- tax stamped sugar consignment in Hyderabad
ISLAMABAD: Inland Revenue Enforcement Network (IREN) squad of Directorate of Intelligence & Investigation (I&I)-IR, Hyderabad, in a major counter-tax evasion operation, has seized 172 sugar bags, which were found without affixation…
Fears of new COVID variant down world stock markets
ISLAMABAD; Fears of a new, but even deadlier COVID variant, detected in South Africa, brought down global stockmarkets on Friday. The investors made panic selling, bringing pressure of bulls to bring down all Asian and European…
FBR chairman holds E kachehry in Islamabad
ISLAMABAD: As a sequel to E-Kachehries held on monthly basis to comply with the directions of the prime minister, Chairman Federal Board of Revenue (FBR)/Secretary Revenue Division, Dr. Muhammad Ashfaq Ahmed held an E-Kachehri at FBR (HQs)…
NBP exposes to hackers attack again
ISLAMABAD: The National Bank of Pakistan (NBP) has suffered second setback at the hands of hackers in less than two months, putting a serious questions on security system of Pakistan's largest state-owned bank with a network of 1600…
Pakistan’s economy turnedaround in 2020-21: SBP
KARACHI: The State Bank of Pakistan (SBP) on Wednesday released its annual report on the state of Pakistan’s economy, reviewing the fiscal year 2020-21. According to the report, Pakistan’ economy rebounded during FY21, with real GDP growth…
PM inaugurates Track & Trace system for sugar sector
ISLAMABAD: Prime Minister, Imran Khan , on Tuesday unveiled FBR’s Track & Trace System for sugar sector. Advisor to the PM on Finance & Revenue, Shaukat Tarin, Cabinet members, parliamentarians, federal secretaries, office bearers…
Pakistan-IMF reach an agreement for $ 1 billion loan
ISLAMABAD: As Pakistan announced here on Monday that it has reached to an agreement with International Monetory Fund (IMF) for securing a $ 1 billion loan under 6th review, the fund released a formal statement early Monday to confirm that…
Bound to hold big fish accountable: NAB chief
ISLAMABAD: Nov 21: Justice (R) Javed Iqbal, Chairman NAB has said that NAB has solid evidence of money-laundering of billions of rupees by the big fish which were laundered by opening fake accounts in the names of ‘falooda wala’, ‘chhabri…
SBP gives big jump to interest rate
KARACHI: The State Bank of Pakistan (SBP) has revised upward interest rate by 150 basic points, inviting huge criticism from experts of monetory market experts.
SBP Governor, Raza Baqir , defended the central bank's decision of recising…
