Business

Business

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…

3 Min Read

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…

1 Min Read

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…

4 Min Read

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…

4 Min Read

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…

4 Min Read

Poultry and meat consumers may be burdened

Islamabad: After making a plan to increase tax rates on packaged milk, the government is also considering levying sales tax on…

5 Min Read

Pakistan Railways restructuring: ADB set to approve $300m budgetary support loan

Islamabad: The Asian Development Bank (ADB) is set to approve a $300 million budgetary support loan for Pakistan for public sector…

4 Min Read

Govt likely to double WHT on cash withdrawals

 The government may double the already high withholding tax on cash withdrawal from banks by currency exchange companies, as infighting…

5 Min Read

Pakistan, Tajikistan deliberating fibre optic cable link

 The Central Asia-South Asia 1,000-megawatt (Casa-1,000) power supply project is expected to pave the way for connecting the two regions…

4 Min Read