Business

ISLAMABAD: Adviser to Prime Minister on Commerce and Textiles, Abdul Razzaq Dawood has said the government had set a target of 15 million bales of cotton for 2018 -19 as compared to current 10.8 million bales production. The government’s priority was to ensure the import of quality cotton and provide quality seeds and pesticides to the farmers…

ISLAMABAD - Wall Street Journal (WSJ) in its report claimed that Abraaj Capital’s founder Arif Naqvi tried to offer a $20 million payment to a Pakistani…

ISLAMABAD: Federal Board of Revenue (FBR) has launched crackdown against tax evaders who purchased immovable properties above Rs20 million but did not pay tax…

KARACHI: After a week of losing value against the greenback, the rupee witnessed a sharp recovery in the interbank market on Wednesday. The dollar depreciated by Rs9 during the day's trade, with the market closing at Rs133.76. During yesterday's trade, the greenback's price increased by Rs0.5 to reach Rs133.75. The rupee witnessed a downward…

KARACHI: The Federal Board of Revenue (FBR) increased on Wednesday the regulatory duty imposed on imported goods. According to sources, some of the…

LAHORE: For the fourth time this year, Indus Motor Company (IMC) has ratcheted up the prices of its cars from Rs50,000 to Rs175,000 for November & December…

ISLAMABAD: Prime Minister Imran Khan on Tuesday said that no institution, including the National Accountability Bureau (NAB) and Federal Investigation Agency (FIA), will harass traders, adding that he wants a strong partnership between his government and the business community. Talking to a delegation of the Federation of Pakistan Chambers of…

ISLAMABAD: Pakistan steps up efforts to curb illicit fund flows by planning major changes in its anti-money laundering law through a presidential order, as…

ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday slapped Regulatory Duty on import of 570 items from range of 5 to 90 percent in the aftermath of…

Pakistan State Oil Company Limited, the country’s largest oil marketing company, held its 42 nd Annual General Meeting (AGM) in Karachi where it shed on light on recent achievements and consistent growth trends in spite of some grave industry challenges. The meeting was chaired by Mr. Jahangir Ali Shah, Managing Director & CEO of…