By Staff Reporter
ISLAMABAD: Pakistan has assured the IMF on a phase-wise increase in tax on petroleum products, citing a further raise of Rs10 per liter planned from September 1, officials said.
Independent Pakistan – I know what I believe I know
Latest News
UPDATED: Gill in federal custody after standoff with Punjab
By Naveed Naqvi
RAWALPINDI: Punjab Prisons authorities finally handed over the custody of Shahbaz Gill, the chief of staff of former Prime Minister Imran Khan, to Islamabad police for further investigation pursuant to a court order after keeping the investigators waiting for hours.
Akbar S Babar says PTI looking to cover up wrongdoing
The PTI dissident has filed a petition to become a party to PTI’s challenge against the ECP ruling in the foreign funding case. By Naveed Naqvi.
Pakistan’s letter off to IMF for bailout revival
The stage now seems set for the revival of the program and disbursement of a USD 1.17 billion tranche before August is out. By Muhammad Ali.
Sessions judge to revisit Gill’s remand tomorrow
The police say they need further custody of Gill to secure crucial evidence in a case of incitement to mutiny in the armed forces. By Naveed Naqvi.
Military confirms armed men are back in Swat
The authorities are geared to safeguard the people from the militants, who sneaked back from Afghanistan in small numbers to live in their native areas, says ISPR. By Naveed Naqvi.
Saudi Arabia to renew $3 billion deposit to Pakistan
News Desk
KARACHI: Saudi Arabia has decided to rollover its $3 billion deposit in Pakistan’s central bank and an announcement on the kingdom’s assistance to cash-strapped nation is expected in next two days, Bloomberg newswire reported on Saturday.
Finance Division chronicles Pakistan’s 75-year economic journey
The 49-page document includes colourful boxes and infographics to highlight key milestones in the country’s economic history.
By Staff Reporter.
Request for further police custody of Gill lands in High Court
Investigators insist they need more time to secure key evidence from the accused in a case of incitement of mutiny in the armed forces. By Naveed Naqvi.
Car sales hit speed bump in July, seen decelerating further
By Staff Reporter
KARACHI: Car sales plunged by 59 percent in July as high borrowing costs, tight credit and a slowing economy dragged down demand, an industry body said on Friday.