BUSINESS
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IPPs objection on Audit report voids by Annexure B of the document
IPPs raised objection on the audit report that they were not consulted, but there objection is voided by the Annexure...
SBP confirms receipt of $1.39bn IMF aid
The State Bank of Pakistan on Wednesday confirmed receiving US$1.39 billion under the Rapid Financing Instrument of the International Monetary...
Good news for Taxpayers from FBR
Federal Board of Revenue (FBR) have Requested Taxpayers to Provide IBAN of their bank accounts for Electronic Transfer of Refunds...
IPPs in disagreement over reduced tariff formula
Independent Power Producers (IPPs) have inched away from initiating talks with the government over reduction in power tariff under the...
How will oil price crash impact Pakistan’s economy?
Experts believe the oil price crash in global market provides great opportunity for economies like Pakistan. Even after passing 50...
Oil prices drops to the lowest level since 1999
Crude oil has dropped to the lowest level in almost two decades which threatens the eradication of a whole decade...
China ships 500 tonnes of hybrid rice seeds to Pakistan
A seed company from east China's Jiangsu province has sent a shipment of 500 tonnes of hybrid rice seeds to...
IMF: Pakistan’s public debt expected to increase by 90% of total GDP, tax revenue may fall by Rs 895 billion
International Monetary Fund (IMF) has warned that Pakistan’s public debt may rise to 90% of total GDP with the coronavirus...
Rupee gains strength against greenback; dollar trading at 163.58 interbank
Dollar lost Rs3.3 against Pakistani rupee on Friday to trade at Rs163.58 in the interbank market. The dollar fell behind...
Federal Cabinet approves package for Construction industry
The Federal Cabinet has approved an ordinance to provide inducements and concession package for the construction industry, here on Friday....
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