Business
Business
Dollar surges Rs106 in open market after 3 months
The US dollar surged to Rs106 in the open market earlier yesterday after a gap of almost three months creating doubt…
Pakistan approves huge tax exemptions for Gwadar port operators
Pakistan earlier yesterday approved sweeping tax concessions for Chinese operators at the deep-sea Gwadar port and businesses that will operate…
Sindh Govt formally approves Rs1.83 billion for Karachi Development Package
The Sindh government has approved a budget of Rs1.83 billion for the Karachi Development Package, announced local minister Jam Khan Shoro.…
Govt may increase tax on dividend income to 20%
Islamabad: In yet another anti-business budget proposal, the government is likely to increase the tax on dividend income and force companies…
Multilateral fund approves $5.68m for Pakistan
The successful conversion of five foam manufacturing industries to more cleaner technologies has led the Multilateral Fund of the Montreal…
Anurag Thakur becomes youngest BCCI president
Mumbai : India’s cricket board on Sunday elected 41-year-old current secretary Anurag Thakur as its youngest ever president, one of the…
Bank loans: ECC refuses to permit Rs2b mark-up payment
Islamabad: The Economic Coordination Committee (ECC) has refused to allow the Ministry of Water and Power to pay Rs2 billion in…
PSM management plans to half its employees
Islamabad: Pakistan Steel Mills management itself presented a plan to axe half the daily-wage employees and a third of the contractual…
Pakistan misses economic growth target
Islamabad: The country missed the economic growth target for the current financial year by a wide margin mainly because of…