Business
Business
Smuggled Iranian tiles: A growing threat to the local industry
The local industry has informed the government that Iranian tiles worth Rs12 billion were dumped into the local market in…
Russia strikes back….At McDonald’s outlets
Russian authorities launched nationwide inspections of McDonald’s restaurants yesterday after shutting three popular Moscow outlets on apparent government orders aimed…
Power distribution companies seek 16-50pc increase in tariff from NAPRA
The distribution companies of ex-Wapda have sought an increase in electricity tariff for current fiscal year by 16-50 per cent…
Govt borrowing enriches banks as it surges into trillions
The government’s costly borrowing through Pakistan Investment Bonds (PIBs) enriched banks as top five banks profit increased by 25 per…
State bank foreign reserves fall below $9bn
Foreign exchange reserves of the State Bank of Pakistan (SBP) have fallen below $9 billion after three months. The SBP…
Bulls trot back as KSE 100-index rises by 400 points
Normal 0 false false false EN-US X-NONE X-NONE Pakistani stocks witnessed a sharp ascent on Thursday as Karachi Stock Exchange…
Govt fails to hold several meetings with business community
A number of meetings between the business community and the government have been postponed due to prolonged protests by Pakistan…
PR to resume ‘cargo express’ from Sept 2
After a lapse of more than three years, the Pakistan Railways (PR) will resume its cargo express train between Lahore’s…
FBR asked to remove flaws from tax laws
The Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to remove certain flaws from the…