Business & Economy

ISLAMABAD – April 6 (ONLINE) The Executive Committee of the National Economic Council (ECNEC) on Thursday approved the project envisaging acquisition of land for up gradation, improvement and widening of 329.7 kms long and 04- Lane wide dual carriageway, starting from Rajanpur and terminating at […]

ISLAMABAD – April 6 (ONLINE) National Assembly’s Standing Committee on Finance on Thursday disclosed that a loan worth 3 billion US dollars was granted to 600 entities on interest-free bases during the tenure of previous PTI-led government. The committee, which met on Thursday at Parliament […]

HYDERABAD, Apr 06 (APP): The mills in Sindh have produced 6.6573 million tons of sugar since the start of the season on November 25, 2022, to March 31 while over 2.7 million tons of sugar has been consumed during the last 4 months. According to […]

LAHORE, Apr 06 (APP): The Lahore High Court (LHC) on Thursday struck down imposition of income tax on immovable property under Section 7(E) of Income Tax Ordinance 2001. The court held that it was beyond the competence of federal legislator to treat the market value […]

Moscow, April 6 (AFP/APP): The resilience of Russia’s economy has over the past year surprised many observers as Moscow adjusts to unprecedented Western sanctions over its assault on Ukraine. But in a rare public admission, President Vladimir Putin late last month warned of possible economic […]

ISLAMABAD, April 06 (Online): The electricity tariff has been increased more than 50 percent in 1 year. As per details the tariff was increased under Fuel Adjustment Surcharges (FAS) during 1 year. According to NEPRA documents, the electricity has been made expensive in respect of […]

ISLAMABAD, April 06 (Online): 4 candidates have been shortlisted for the post of Pakistan International Airlines (PIA) Chief following their interviews. According to sources, 4 candidates have been shortlisted for the post of CEO PIA after their interview. Acting CEO Air vice Martial Amir Hayat […]

SEOUL, April 5 (Xinhua/APP) –: South Korea’s ratio of sovereign debt to gross domestic product (GDP) rose last year due to an increased fiscal expenditure to counter the COVID-19 pandemic, government data showed Tuesday. The debt-to-GDP ratio gained 2.7 percentage points to 49.6 percent last […]

Islamabad (PNI) Unity Foods Limited, a leading food producer and supplier to the nation’s food security system, entered into a Communications and Strategic Engagements partnership with Nutshell Communications (Private) Limited. An agreement in this regard was signed by both parties recently, at Nutshell Group’s Head […]

TOKYO, Apr 5 (Xinhua/APP): Prices of gold in Japan leaped to a new high on Wednesday as investors have been switching out of riskier assets like stocks and into perceived safe havens like gold amid concerns over a U.S. economic slowdown. On the Osaka Exchange […]