By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif said on Tuesday the government will set up a judicial commission to investigate the killing of senior journalist Arshad Sharif in a police shootout in Kenya.
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Dar says ready to buy discounted Russian oil
By Staff Reporter
ISLAMABAD: Finance minister Ishaq Dar said the country is ready to buy fuel from Russia if the same rate that India is paying is applicable to Pakistan as well.
SBP probes eight banks over possible forex manipulation
By Staff Reporter
ISLAMABAD: The State of Pakistan (SBP) on Tuesday said it has opened an investigation into alleged exchange rate manipulation by a goup of banks.
‘All past military appointments on merit, barring one or two exceptions’
By Staff Reporter
ISLAMABAD: Defence Minister Khawaja Asif on Wednesday said the top general in military has always been appointed on merit, “barring one or two exceptions.”
The rise and rise of Malik Riaz
Corruption is as old as civilisation itself. The problem is, it has come to be seen as the norm in our country – thanks in
Pakistan less vulnerable to external shocks, “no need for panic” : SBP
By Staff Reporter
KARACHI: The central bank is seeking to reassure the countrymen that Pakistan is not among the most vulnerable countries in the world, “so its citizens do not need to panic”, even though rupee witnessed its biggest weekly plunge since 1998.
FIA Case: Top officials bilked PPL for millions of dollars
By Naveed Naqvi
ISLAMABAD: The Federal Investigation Agency (FIA) has arrested Pakistan Petroleum Limited (PPL) Deputy Managing Director Abid Malik and is conducting raids to arrest several others including a former managing director of the state-owned company on charges of bilking the company for millions of dollars, Independent Pakistan can report.
Is PM Sharif dithering in the face of tough calls?
By Staff Reporter
ISLAMABAD: All levels of his government routinely underscore the need for “tough decisions to save the economy”, but Prime Minister Shehbaz Sharif seems to be dithering in the face of an imperative to raise energy prices.
Pakistan’s LNG tender receives no offers
By Staff Reporter
KARACHI: Pakistan LNG Limited (PLL) did not receive a single offer in a $1 billion LNG import tender for 10 spot cargos for July to September deliveries, sources said.
Tax Evasion: Tobacco sector directed to implement Track & Trace System
By Staff Reporter
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday directed cigarette manufacturers to join the Track and Trace System regime with effect from July 1, 2022, to bring the sector’s larger tax evading part in the tax net.