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Senior bureaucrat Fawad Hassan Fawad finally in NAB dragnet
Civil bureaucracy accuses him of extending ‘undue’ favour and discrimination in promotions
Bloodbath at PSX, down by 2.9 percent
By S N Syed
KARACHI: Pakistan shares’ market again went through bloodbath on Wednesday and plunged by around three percent, as investors feared decision against former prime minister Nawaz Sharif by a NAB court tomorrow (Friday), dealers…
Amnesty’s success conditioned
Reject focal persons’ appointment terming as insufficient measure
Pakistan beyond July 25 elections; Are we moving in right direction?
Are we standing on the pillars of sand is a million dollar question we need to ask ourselves being citizens of Pakistan. What we want from ourselves, from the society and from the state institutions? Are we serious to mend our ways, ready…
Slackness of FBR bureaucracy deprives national kitty of Rs 1000 billion: expert
By M J Hayat
LAHORE: In order to fully exploit the potential of Amnesty Scheme, the Federal Board of Revenue (FBR) bureaucracy must have to start legwork leaving their chilled offices besides the date of besides amnesty
should be…
Contractors, suppliers of Ring Road stage protest against FWO over non-payments
By Our Staff Reporter
LAHORE: More than 60 contractors and suppliers of the Ring Road Project staged a demonstration on Wednesday at the Lahore Press Club against the Frontier Works Organization (FWO) over nonpayment of approximately…
Management all set for early completion of transaction
By M J Hayat
LAHORE: Summit Bank Limited is making all-out efforts for early completion of the proposed merger and amalgamation transaction of Summit Bank Limited with the Sindh Bank Limited, Daily The Business has learnt reliably.…
FBR freezes LDA accounts over recovery issue
By Waleed Bin Imran
LAHORE: The Federal Board of Revenue (FBR) has frozen the bank accounts of the Lahore Development Authority (LDA) over nonpayment of taxes worth Rs164 million to FBR.
FBR claims that LDA has not paid income tax since…
Shehbaz Sharif has a strong bias toward ‘Akele Na Jana’
There is no stopping the PML-N president when it comes to singing his favourite song. It would be unfair to say that he's not half bad.
https://youtu.be/eEEwjuJ31Ss
Caretaker federal regime shakes federal bureaucracy, FBR gets first-ever female chairman
By Faisal Ali Ghumman
LAHORE: In what an anticipated reshuffle in the federal government's bureaucracy ahead of the general elections 2018, the interim regime approved transfers and postings of a number senior bureaucrats on Tuesday.…
Resignation letter of Larkana judge on humiliating behaviour of CJP
Resignation letter of Larkana judge after humiliating behaviour by CJP
Business community urged to avail benefits of Tax Amnesty Scheme 2018
M J Hayat
LAHORE: The business community should come forward to availing benefits of Tax Amnesty Scheme 2018 as it is a last chance to legalize undeclared assets as the last date for the scheme is approaching fast.
This was stated by…
Punjab Agri Expo-2018
Our beloved Pakistan is known to be a country with agricultural economy while its biggest province Punjab is internationally famous in rapid agricultural growth during the recent past.
Agriculture department developed horticulture, high…
Haleeb Foods invests Rs500m in dairy and juice products
By Our Staff Correspondent
KARACHI: Haleeb Foods has announced return of Haleeb Milk and other products while an amount of Rs500 million has been invested in the new launch of two milk plants in Lahore and Rahimyar Khan.
Speaking about…
Stocks again fall by 1.6pc
By S N Syed
KARACHI: Pakistan shares’ market continued declining streak and fell 1.6 percent Monday, as upcoming FATF decision and Moody’s downgrade of Pakistani market helped funds fly away from the market, dealers said.
Ahsan Mehanti,…
ST refunds issues to be resolved within two years: Pasha
By M J Hayat
LAHORE: The business community should come forward to availing benefits of Tax Amnesty Scheme 2018 as it is a last chance to legalise undeclared assets as the last date for the scheme is approaching fast.
This was stated by…
Depositors to be compensated in case of bank failure
M J Hayat
LAHORE: Deposit protection scheme will build up sizable funds, through
premium payments from banks that can be used to provide immediate
liquidity to small depositors in case of a bank failure.
Deposit Protection Corporation…
SBP issues procedure of declaration
By S N Syed, M J Hayat
KARACHI: The State Bank of Pakistan (SBP) has issued instructions for a declaration of foreign assets under Foreign Assets (Declaration and Repatriation) Act, 2018, while some amendments have also been made in it.…
Agri Expo-2018 starts from tomorrow
By K A Mian
LAHORE: The two-day International Agri-Expo-2018 will start from Saturday (tomorrow) at the Lahore Expo Centre to attract the exporters dealing with fruits, vegetable and rice to enhance exports.
The Agri Expo is an effort to…
‘Interim Punjab government and dubious bureaucratic reshuffle’
The people of Pakistan are expecting third consecutive country polls on July 25, the third smooth transition of power since 2008, to be held under the watch of the Election Commission of Pakistan (ECP) and unanimously picked interim prime…
Major reshuffle in federal, provincial, and district administrative machinery prior to polls
By Faisal Ali Ghumman
LAHORE: A large-scale bureaucratic reshuffle took place in the three provinces of the country on Wednesday ahead of general elections 2018 after the Election Commission of Pakistan (ECP) gave final node to the…
AKBL appoints Abid Sattar as President, CEO
By M J Hayat
LAHORE: Askari Bank Limited (AKBL) Tuesday appointed Abid Sattar the Bank President and CEO on permanent basis.
As per the reliable source the Board of Directors of Askari Bank Limited has appointed Abid Sattar as the…
PIFD VC lands in hot water over ‘illegal appointments’ case
By Karamat Ali
LAHORE: In yet another instance of blatant corrupt practices and nepotism plaguing Pakistan Institute of Fashion and Design (PIFD) the vice-chancellor Ms. Hina Tayyaba is alleged to have made two more ‘illegal’ appointments…
PML-N ex-MPA Saiful Malook Khokhar appears before NAB
By Faisal Ali Ghumman
LAHORE: While extending the scope of investigations into the Ferozpure City housing scheme scam case involving billions of rupees, the National Accountability Bureau (NAB) summoned Pakistan Muslim League-Nawaz former…
UET entry test on July 15, schedule issued
By K A Mian
LAHORE: The University of Engineering & Technology (UET) on Tuesday released the Entry Test (ET) scheduled for online registration of admissions in B.Sc Engineering and B.Sc. Engineering Technology programmes in UET Lahore,…
Water crisis: Lack of water storage facilities leading to national calamity
Faisal Ali Ghumman:
Water, one of the Allah Almighty's countless blessings on earth and a precious jewel, is fast losing its importance in the eyes of Pakistanis at a time when developing economies are strongly realizing its significance…
Bank of Punjab auditors fail to guard minority shareholders interests: Expert
By M J Hayat
LAHORE: The present auditors of Bank of Punjab (BoP) have failed to
uphold and safeguard the interests of the minority shareholders. There
should be a forensic audit of the bank by a third party adjudicator
comprising…
MoC&T appoints TDAP DG to probe charges against VC
By Karamat Ali
LAHORE: The Ministry of Commerce and Textile (MC&T) has appointed another inquiry officer to investigate the alleged financial corruption, irregularities and misuse of authority against the Vice-chancellor of the…
Appointment of Sahiwal varsity’s VC without PhD degree
'FAPUASA shows concern over violation of VC appointment criteria'
By K A Mian
LAHORE: The Federation of All Pakistan Universities Academic Staff Association (FAPUASA) has expressed serious reservation over an advertisement to fulfil…
Sancos Cough syrup disappears from markets, reveals survey
152 drug inspectors collect whole stocks: Chief Drug Controller
By K A Mian
LAHORE: The Sancos Syrup of the Novartis Pharma Pakistan Limited (NPPL) was removed immediately from the pharmacies and medical stores across the province on…
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