Business

Business

FBR issues notices over 2,000 people for receiving expensive gifts

The Federal Board of Revenue (FBR) has issued notices to over 2,000 people who declared receiving expensive gifts in their…

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Adobe bidding Flash farewell in 2020

Adobe on Tuesday said its Flash software that served up video and online games for decades will be killed off…

3 Min Read

Toyota set to sell long-range, fast-charging electric cars in 2022: pape

Toyota Motor Corp is working on an electric car powered by a new type of battery that significantly increases driving…

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Oil extends gains as Saudi pledges export curbs

Oil prices extended gains on Tuesday after Saudi Arabia pledged to curb exports from next month and OPEC called on…

3 Min Read

Mobile phone import decline by 5.78%

The import of mobile phones during fiscal year 2016-17 fell by 5.78 per cent as compared to same period the…

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Pakistan’s economy expected to subside: IMF

After a better than expected performance with five percent growth in 2016, the economies of countries in the Middle East…

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State Bank of Pakistan maintains discount rate at 5.75%

The State Bank of Pakistan has maintained the discount rate at 5.75% . The State Bank of Pakistan Governor Tariq…

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PM appoints Dr Musharraf Rasool Cyan as new PIA CEO

Prime Minister Nawaz Sharif  has appointed former bureaucrat Dr Musharaf Rasool Cyan as Pakistan International Airlines' new Chief Executive Officer.…

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Car production up 6.28% in 11 months, 19.35% in May

The production of jeeps and cars increased by 6.28 percent during first eleven months of the fiscal ear 2016-17 compared…

4 Min Read