Business

Business

Rs29bn shortfall in FBR’s revenue collection

The Federal Board of Revenue (FBR) witnessed a shortfall of Rs29 billion in April 2014 as an amount of Rs167bn…

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Govt likely to cut custom duties on imported vehicles

The government plans to cut customs duty on import of up to three-year-old automobiles of all capacities and to withdraw…

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Pakistan among world’s cheapest economies

Major findings of a new World Bank report, comparing the real size of the world economies, have bracketed Pakistan together…

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Sharif in London as report by British lawmakers urges cut in aid

“British aid to Pakistan should be cut unless there is proof the funds help stop extremism, says a report by …

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Samsung still rules the roost in growing smartphone market

South Korea's Samsung remained at the top of the rapidly growing smartphone market in early 2014 as Chinese rivals gained…

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Pakistan will issue dollar-denominated sukuk soon: Finance Minister

Pakistan will soon issue an Islamic bond denominated in dollars, after the success of its recent dollar-denominated international bond, Finance…

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Prices of petrol, diesel reduced

The government reduced on Wednesday prices of petrol, diesel and other petroleum products because of lower prices in the international…

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Govt punishes itself for not paying power bills

ISLAMABAD: In a bid to clear outstanding dues of billions of rupees, the capital’s electricity company disconnected power supply to…

3 Min Read

Regulator accuses drug makers of time consuming litigation

The Drugs Regulatory Authority of Pakistan (DRAP) has blamed the manufacturers and importers of medicines for dragging the authority into…

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