By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif has tacked together a powerful new panel that brings together federal ministers, lawmakers, and business tycoons to join heads for the promotion of commercial activities in the country, a statement said on Monday.
By Staff Reporter
ISLAMABAD: Inflationary fires are set to get worse as the government is weighing slapping Rs10/litre Petroleum Levy on fuels from July 1 as the IMF insists it is critical to cut a staff-level deal for the resumption of a suspended loan, Independent Pakistan has learnt.
By Naveed Naqvi
ISLAMABAD: Come July 1, the price of electricity – that ubiquitous and most essential utility of our time – will climb even higher for households and businesses across much of Pakistan.
By Staff Reporter
KARACHI: At least two people were killed, and several dozens were injured on Sunday after rival political parties contesting first phase of local government elections in Sindh fired guns and scuffled, police said.
By Staff Reporter
ISLAMABAD: Ouster prime minister Imran Khan called on his supporters to stage a protest in Parade Ground, a week from now on July 2, of the capital to force the government to hold new elections.
By Staff Reporter
ISLAMABAD: The central bank and at least four commercial banks on Saturday challenged a ruling of the Federal Shariah Court (FSC) for the abolishment of interest in the Supreme Court of Pakistan, seeking apex court’s guidance on Riba free economy in the country.
By Staff Reporter
ISLAMABAD: We suffer budgets annually and mostly survive them but seldom do we get a glimpse of the thought process going into the making of one in real time.
By Staff Reporter
ISLAMABAD: Mustering the much-needed courage, the government on Friday levied a super tax on big-earners to raise extra Rs466 billion, enabling itself to chase a higher tax target of Rs7.470 trillion to reclaim the IMF loan ditched by the last government.
By Staff Reporter
ISLAMABAD: China’s BaoSteel is likely to fire up the long-cold blast furnaces of Pakistan Steel Mills Corporation (PSMC) as the Chinese steelmaker, which has recently completed a successful due diligence tour, is eyeing a deal, the country’s privatisation managers said on Friday.
By staff reporter
ISLAMABAD: State Bank of Pakistan (SBP) on Friday received a $2.3 billion Chinese loan, which analysts termed as godsend support, as the country’s foreign reserves were barely enough for 45 days of imports a day ago.
