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BUSINESS
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…
Crushing season 2021-22 commences in Sindh, Punjab
ISLAMABAD: Crushing season 2021,22 has commenced in Sindh and Punjab at a positive note as the growers are getting fixed pirce of Rs 225 per 40 kg of their produce. In some areas, the growers are reportedly demanding more than fixed price…
FBR increases tax on steel by Rs 2200 per ton
ISLAMABAD: While simply ignoring the appeal of the constructon industry, the Federal .Board of
Revenue ( FBR) has revised upward deemed value of steel by Rs 13000 a ton to charge additional tax by Rs 2200 per ton from the industry.
The…
Anjuman- e -Tajran gives calls for protest against FBR on Nov 30
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) former senior vice president and general secretary Anjuman e Tajran, Chaudhary Khalid, on Tuesday said the traders community from across Pakistan will stage a historic protest…
Saudi Company signs MoU to invest in $ 12 billion real estate project in Pakistan
KARACHI: A Riyadh-based c engineering and construction firm has signed an investment agreement in a $12 billion real estate project in the eastern city of Lahore with a Pakistani business consortium, officials said on Monday.
According to…
Tajikistan urges for boost in trade with Pakistan
ISLAMABAD: Ambassador of Tajikistan Ismatullah Nasiruddin has said the flight time between Islamabadand and Doshanbe is one hour while travelling from Pakistan to Dodhanbe via Istanbul and Dubai is time consuming and expensive too.He…
