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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 Hayat LAHORE: 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 Hayat LAHORE: 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 Ghumman LAHORE: 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 Hayat LAHORE: 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…

M J Hayat LAHORE: The pickup in GDP growth came at the cost of widening of macroeconomic imbalances as manifested in a 5-year high fiscal deficit and a record high current account deficit in FY18, State Bank of Pakistan has released its…

M J Hayat LAHORE: National Accountability Bureau (NAB) has taken initiated investigations against the Managing Committee of National bank of Pakistan (NBP) Cooperative Housing Society after Daily The Business ran a story with the…

Irfan Athar Qazi / M J Hayat: Italian companies, Kariba and Fiore Rubinetterie have launched their top products of Kevon, Katana, Kayama and Series in Pakistan in collaboration with Sagheer & Co here at the Fallet’s. Large numbers…

Faisal Ali Ghumman State accountability has very much clear line of action. It’s not mere a willingness to accept responsibility of individuals and organizations for their actions as it also must be for all those responsible for committing…

M J Hayat LAHORE: Pakistani rice exports will be enhanced to $2.50 billion from $2billion in the current year while the issue of New Basmati seeds development will be taken up with the Punjab government. The view was expressed by the…

M J Hayat LAHORE: The Federal Board of Revenue (FBR) has attached the bank accounts of Mainland Husnain Pakistan Ltd for evading Income tax of 45 million on the Income of Royal Palm Country Club recovering Rs 0.1 million, reliable sources…

Column by Faisal Ali Ghumman There were times when crime against person and property turned out to be the biggest headache for the law-enforcement agencies in Punjab. The poor ratios in prevention and detection of crimes especially heinous…

By M J Hayat As a first step, the PTI government must take the business community onboard for economic upturn addressing economic issues including circular debt, trade deficit, declining exports, high debts ratio, rupee devaluation, water…

By M J Hayat LAHORE: An overwhelming response has been received following the launch of Bravo, the first-ever 800cc car as over 1,000 dealers are inquiring about and hundreds of them ready to place orders but the company is all set to…

M J Hayat LAHORE: The Ministry of Finace Thursday amended Finance Act, 2018 in the Income Tax Ordinance, 2001 where some significant amendments have been under taken. Prior to the Finance Act, 2018 the minimum threshold for taxable…

By M J Hayat L AHORE: The Pakistan Tehreek-e-Insaf (PTI)-led government seems more efficient in its working and the business community has attached its high hopes with the government for economic revival. The previous government of…