Business

Business

Apex court unlocks OGDCL selloff

In an interim order issued yesterday, the Supreme Court gave the government the green-light to carry out the privatisation of…

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Meezan Bank acquires HSBC

Pakistani branch operations of HSBC Bank Middle East have now merged with and into Meezan Bank, according to a notice…

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SBP data: Current account deficit at a high $1.33b‏

Pakistan’s current account deficit in the first three months of 2014-15 remained $1.33 billion, according to data released by the…

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Saudi’s biggest bank crumples under Islamic scholars pressure

Saudi Arabia's biggest bank has responded to criticism of its operations from Islamic scholars by pledging to convert itself into…

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Virgin pays $1 for Tigerair

Virgin on Friday took full control of  Tigerair airline Australia, buying the remaining 40 percent it did not already own…

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Rich-Poor gap in US near highest levels in 100 years

Federal Reserve chief Janet Yellen warned that the gap between the rich and poor in the United States is widening…

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Foreign investment falls by 26pc in Jul-Sept

Foreign investment further fell in the first quarter of the current fiscal year. The government is inviting investors from the…

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Income Tax collection on demand falls 10pc

Income tax collection on demand fell by 9.9 per cent in 2013-14 from a year ago. According to official statistics,…

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WHT on imported used cars not collected claims PAADA

The Pakistan Automobile Assemblers and Dealers Association has claimed that the government had lost over Rs100 million in three months…

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