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Govt fast-tracks Rs61.3b funds for MPs’ schemes
ISLAMABAD: The government on Monday approved the immediate release of more than Rs61.3 billion for the parliamentarians’ schemes…
Dollar thrashes Pakistani Rupee by Rs1.67 in interbank market
After almost a week of losing value, the American dollar strengthened against the rupee in both interbank and open markets.…
Govt struggles to fund SIFC
ISLAMABAD: The Ministry of Finance has not yet given the budget of Rs400 million to the newly setup civil-military led Special…
PRA to tax video streaming, social media platforms
LAHORE: The Punjab Revenue Authority (PRA) has announced its decision to impose taxes on all video streaming and social media…
ECC members air concern over high electricity cost
ISLAMABAD: Economic policymakers have aired serious concerns over the high cost of electricity generation by K-Electric (KE) and…
Banks record strong deposits, lend most of it to government
KARACHI: Pakistan’s commercial banks witnessed remarkable growth in deposits during the previous fiscal year 2023. However, almost…
Oil industry demands 100% hike in margins
ISLAMABAD: The oil industry has called on the government to increase their margins by over 100%, citing the impact of maintaining…
Call to improve trade among SAARC members
LAHORE: Punjab Governor Balighur Rehman has said that Pakistan is fully committed to improving regional trade among Saarc member…
Careem introduces mass-commute service
KARACHI: In response to the mounting inflation rates plaguing Pakistan, companies and businesses are increasingly turning to…
Global investors plan to pour $7.1b into Turkey
ISTANBUL: Members of Turkey’s International Investors Association (YASED) are planning $7.1 billion of direct investment in Turkey…