Business

Business

FBR belies govt’s tall claims of growth in tax collection

Finding no other way to increase the revenue collection, the PML-N government has withheld huge refunds amount worth Rs97 billion…

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Govt depts owe Rs28b to HESCO, says Minister of State for Water and Power

Federal and provincial government departments owe Rs28 billion to the Hyderabad Electric Supply Company (Hesco), said Minister of State for…

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PTA gets Rs. 111 billion from 3G and 4G auction

Pakistan on Wednesday successfully completed the auction for next-generation telecom spectrums raising $1.112 billion or Rs111 billion from the process. Out…

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PM Nawaz Sharif gives PIA approval to procure five Boeing 777 aircraft.

Chairing a meeting held at the prime minister’s house in Islamabad, Nawaz said “PIA was our national pride and its…

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LPG price eased by Rs10/kg

Gas marketing companies Tuesday sliced the prices of Liquefied Petroleum Gas (LPG) by Rs10 per kilogram. Chairman LPG distributors association,…

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Bulls return on the stock exchange

Equities turned bullish on the back of renewed foreign interest in banking and oil stocks on strong valuations at Karachi…

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PTCL posts positive results for 1st quarter

Pakistan Telecommunication Company Limited (PTCL), on Tuesday announced strong first quarter results riding on the back of its growing fixed…

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Jubilee Insurance reports Rs 295 million pre-tax profit in first quarter

Jubilee Life Insurance Company, the largest insurance company from the private sector, announced an impressive result for the financial quarter…

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Wheat being smuggled to Afghanistan seized

Food control officers on Tuesday seized nine trucks laden with 10,000 wheat bags to be smuggled into Afghanistan. Inspector Muhammad…

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