ISLAMABAD: Finance Minister Asad Umar on Wednesday refuted the rumours of his resignation from the post. Talking to a private TV channel, Finance Minister Asad Umar said such rumours are a part of the “propaganda against Pakistan Tehreek-e-Insaf (PTI) government”. He also said that Prime Minister Imran Khan has asked him to...
ISLAMABAD: Inflation gets the wings which slow down the flight of the joy of the children even. Latest mini budget given by the Finance Minister Asad Umar a day before proposed a quite hike in the prices of chocolate, drinks, imported food items specially milk.An unjust increase in the prices...
Engro Foods and FrieslandCampina’s global leadership met with Prime Minister Imran Khan Tuesday to discuss the development of Pakistan’s dairy sector. FrieslandCampina, a multinational dairy cooperative based in Netherlands, is the world 06th largest dairy company operating in 34 countries. Hein Schumacher, CEO FrieslandCampina, shared with the Prime Minister extensive experience...
Federal Board of Revenue (FBR) on Sunday has allowed filing of Income Tax returns until tomorrow (Monday, December 17) due to weekend falling on the deadline. According to FBR, tax offices will be extending help in filing of returns tomorrow till close of office hours and the returns will be...
ISLAMABAD: After the refusal of China to provide balance of payment (BoP) support to Pakistan, the country is said to be negotiating $2 billion worth of commercial loans with Beijing. According to well-informed sources, a technical team of the State Bank of Pakistan and Finance Ministry paid a visit to China...
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched an awareness campaign about the business model of modaraba and modaraba management companies regulated by it, its salient features, recent initiatives and the performance of the modaraba sector to attract prospective investors to float new modarabas and to...
KARACHI: State Bank of Pakistan (SBP) on Saturday increased policy rate by 100bps to 8.5 percent effective from October 01. The SBP issued the statement saying that since the last meeting of the Monetary Policy Committee in July 2018, Pakistan has witnessed notable changes on the political front. This has...
RAWALPINDI - After first rain of the current winter season, sale of winter delights particularly fried food items including fried fish are on the rise as a considerable rush was witnessed at fried food outlets here on Monday. The demand of fish most favorite item of winter has increased manifold...
ISLAMABAD: Chief Executive Officer (CEO) Halal Research Council (HRC), Muhammad Zubair has said that the business community needs to take full advantage of the potential of Halal industry and export opportunities for Halal products. He stated this while giving a presentation during an awareness road show organized by the Islamabad Chamber...
KARACHI: The Government of Sindh has decided to stop online cab services from operations across the province, said Provincial Minister for Transport Awais Shah. In a meeting with transport department officials, Shah said such online cab services had not taken permission from the Sindh government. "We are going to write a...
KARACHI: Pakistan has received $1 billion from Saudi Arabia as part of the $3 billion pledged by the kingdom to Islamabad as balance of payment support, State Bank of Bank (SBP) spokesman Abid Qamar confirmed on Monday. The remaining $2 billion is expected to arrive in Pakistan in the next few...