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Earlier, HBL has to wind up New York branch and make payment of $225 for AML violationM Jahangir HayatLAHORE: The Federal Reserve Bank of New York ("FRBNY") has informed that the Written Agreement dated 02 July 2018 (WA-2018),…

Current currency depreciation, hike in bank interest rates, appreciation in the price of fuels and enhanced energy cost have made it difficult for the industrialists to continue their productions: Kashif AnwarContinue upward tendency in…

Quarterly 96pc, to-date earnings 83pc down,Experts see hard time ahead for companyM Jahangir HayatLAHORE: The General Tyre and Rubber Company of Pakistan Limited has post poor results as both quarterly and nine monthly…

I want to engage some active NGOs who want to help govt in this holy causeBy Javed IqbalDivisional Commissioner Lahore Dr Mujtaba Piracha said on the one hand, there is a dire need of planting eight million saplings in…

 M Jahangir HayatLAHORE: An over rupees 12 billion money laundering has been undertaken by the Habib Bank Limited Import and Export Hub during the last two years as more than once bills of lading have…

By K A MIANLAHORE: As many 17 officers/officials have been held responsible for causing loss of Rs1,797.46million to the national exchequer in the project of the Pakistan Kidney and Liver Institute and Research Centre (PKLI&RC), the…

Faisal Ali Ghumman The white-race terrorists struck two mosques in Christchurch New Zealand on the occasion of Friday prayers and martyred 49 Muslims and wounded as many others- a brutal act of terrorism in a country that never witnessed…

By  K A MianLAHORE: All the governments have failed to establish, maintain and develop a comprehensive public library system in the province of the Punjab for the last three decades. They even neglected the formation of rules,…

By M J HayatLAHORE: The government if implements its Economic Reform Package in letter and spirit, it can prove instrumental in the economic growth and development of the country. The decision of early reimbursement of Rs 200 billion…

LAHORE: Realme Available in Mobile Phone Markets Across Pakistan After record breaking sales on Daraz, the official online supplier of Realme products; realme ranks as number 1 mobile brand in online sales market in Pakistan. Following…

NEW DELHI: The Enforcement Directorate of India on Wednesday issued a show cause notice to Pakistani singer Rahat Fateh Ali Khan in relation with a 2011 alleged money smuggling case, reported Indian Express.He was served the notice…

By Azhar ul Haq Wahid The Medical Teaching Institutes (MTI) Reforms Act will provide autonomy to the state-run teaching hospitals and help strengthen the government medical facilities to the public in Punjab. Prime Minister Imran Khan’s…

M J Hayat LAHORE: Pakistan would be heading toward an utmost type of economic recession within the next one and a half month or so if the government does not correct its course and recovery from that anticipated recession will not be…

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Forbes has named Pakistan among 10 cool places to visit in 2019 as part of their annual list. Compiled by travel blogger Ann Abel, the list names must visit places from around the world after speaking to leading travel agents.According…

By M J HayatLAHORE: In the light of recommendations made by Financial Action Task Force (FATF), an intergovernmental body formed to coordinate efforts on anti-money laundering and countering financing of terrorism (AML/CFT), the…

ISLAMABAD: A cameraman belonging to a private television channel was injured Monday when he was attacked by former Prime Minister Nawaz Sharif's security guards. The video shows the guards chasing the cameraman, who ran to save…

M J Hayat LAHORE: Federal Investigation Agency (FIR) Monday arrested EX-BM of FINCA Micro Finance Bank in a fraud of Rs 14.3 million as the division bench of Lahore High Court dismissed the interim bail petition of the accused.As…

Faisal Ali Ghumman As Pakistan Tehreek-i-Insaaf (PTI) has completed almost its 100 days in power, Prime Minister Imran Khan and his team seems engulfed with certain controversies beginning from every-day governance to the economy.The…

By M J HayatLAHORE: Pakistan has a rich cultural heritage and the way the heritage has been preserved is worth praising besides the tourists should not miss the sight of the historic architecture of religious and military importance,…

Shakeela Jabeen Qureshi Allah Almighty created universe not for the sake of universe but for man angels bowed before and who is entitled to conquer the universe. He simultaneously is honoured with a medal of supreme creature. In…

Faisal Ali Ghumman Prime Minister Imran Khan is scheduled to visit Malaysia on November 20 and meet his counterpart Dr Mahathir Muhamad to garner the latter’s support in bilateral trade. The visit is being much weighed in terms of seeking…

M J Hayat LAHORE: The Federal Board of Revenue (FBR) is eyeing 25 percent more revenue from late tax return filers as the government has come up with a solution of Section 214-D (automatic selection for audit) of the Income Tax Ordinance…

By Faisal Ali GhummanLAHORE: In what appeared to be a bizarre and hasty move by the Pakistan Tehreek-i-Insaf (PTI)’s Punjab government, the notification of reshuffles of the Capital City Police Officer Lahore and the Regional Police…

Faisal Ali Ghumman Are we coming across the funeral of investigative and critical journalism in the 21st century’s modern journalism? The answer is very much clear ‘yes’. The tragic and ferocious murder episode of Saudi-born journalist…

Profits likely to reduce further significantly once Summit Bank is merged: Experts

M J Hayat LAHORE: Lithuania Ambassador to Turkey who visited Lahore Chamber of Commerce and Industry (LCCI) has agreed to enhance bilateral trade and offer its expertise in every field of life to Pakistan. He was speaking to traders and…

M J Hayat LAHORE: The reduction in development spending and austerity measures are likely to relatively slower the growth in overall fiscal spending and the measures are expected to contain the fiscal deficit in the range of 5 to 6…

By M J HayatLAHORE: Punjab Provincial Cooperative Bank (PPCBL) President Muhammad Ayub and four others have been arrested after the Punjab Forensic Agency and CCTV footage made it clear that a fire was not erupted but was staged to burn…