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Rupee sheds 19 paisas against US dollar

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ISLAMABAD – The exchange rate of Pakistani rupee declined by 19 paisas against the US dollar in the interbank trading on Monday and closed at Rs160.52 as compared to the previous day’s closing of Rs160.33. Meanwhile, according to Forex Association of Pakistan, the buying and […]

Pakistan Prosperity Index reaches all-time high of 116.3 in Nov 2020: Report

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ISLAMABAD-Policy Research Institute of Market Economy (PRIME) on Monday has released a report that stated that Pakistan Prosperity Index continues to pose an upward trend, reaching an all-time high of 116.3 in November 2020. PRIME, in its bi-monthly report on Pakistan Prosperity Index (PPI), reviewed country’s macro-economy based on […]

Provinces asked to streamline wheat supply

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ISLAMABAD-Federal Minister for Finance & Revenue Dr Abdul Hafeez Sheikh on Monday has directed the provincial governments to follow a self-sustaining model and streamline the daily release of wheat to ensure a steady supply in the provinces as well as districts. He made these remarks while chairing […]

CDNS reaches net target of Rs430 billion

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ISLAMABAD -The Central Directorate of National Savings (CDNS) has reached the free deposit of Rs 430 billion in last six months from July 01 to December 31st  current  Fiscal Year (FY) 2020-21. The Central Directorate of National Savings (SDNS) has compensated an amount of Rs 440 […]

FBR asked to brief MPs regarding annual tax collection target

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ISLAMABAD-National Assembly Standing Committee on Finance and Revenue on Monday has directed the Federal Board of Revenue (FBR) to prepare a comprehensive presentation with way forward for achieving annual tax collection target during the current fiscal year. The FBR has termed the annual tax collection […]

Davis Cup Finals to take place over 11 days, three cities

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LONDON-The 2021 Davis Cup Finals will be held over 11 days rather than seven and will almost certainly be staged across three cities, the International Tennis Federation (ITF) confirmed on Monday. The changes proposed by the ITF’s event partner Kosmos Tennis, the Spanish-based investment firm who […]

Promising Kamran Ghulam thrilled to be part of Pakistan squad

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LAHORE-Khyber Pakhtunkhwa’s Kamran Ghulam not only broke the record for most runs in a single Quaid-e-Azam Trophy this season, he also earned the recognition of being named the Domestic Cricketer of the Year in recently held Pakistan Cricket Boards Annual Awards. Kamran broke more than […]

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