By Staff Reporter
KARACHI: Current account deficit narrowed to $1.21 billion, in the first month of the fiscal year that began July 1 from $2.187 billion in the previous month, boosted by a sharp cut in imports, the central bank said in balance of payments figures released on Wednesday.
By Staff Reporter
KARACHI: The government planned to exempt at least 17 million consumers from paying fuel adjustment charges (FCA) in their monthly electricity bills to provide relief from sky-high energy bills, Prime Minister Shehbaz Sharif said on Tuesday.
The Chairman of the Committee apparently came round to the majority opinion, allowing the crucial legislation to pass. By Naveed Naqvi.
The court issued Khan a show cause notice, ordering him to appear in person to explain threatening remarks against woman judge. By Naveed Naqvi
The police say they found a pistol, a satellite phone, and a passport from the Parliament Lodges luxury suite. By Naveed Naqvi.
Keeping the country solvent is an important priority, but marshalling resources for floor relief and rehabilitation needs to move up the ladder.
By Staff Reporter
ISLAMABAD: President Arif Alvi on Monday signed an ordinance further raising taxes on tobacco products to generate an additional revenue of Rs38 billion ahead of the International Monetary Fund’s crucial board meeting on Pakistan’s bailout funding.
By Staff Reporter
KARACHI: Qatar has agreed to extend $2 billion bilateral support to help ease Pakistan’s funding crunch ahead of the International Monetary Fund’s (IMF) board meeting due of August 29, central bank said on Monday.
By Staff Reporter
ISLAMABAD: The Islamabad High Court on Monday decided to initiate contempt proceedings against former prime minister Imran Khan for his controversial remarks against a sessions court judge at a rally held over the weekend.
By Staff Reporter
KARACHI: State Bank of Pakistan kept its benchmark interest rate unchanged at 15 percent on Monday, and said it continued to have a cautious attitude toward policy stance considering runaway monthly inflation.
