Business & Economy

ISLAMABAD 29 Sep (Online): The Asian Development Bank will approve funding of over $2 billion to support Pakistan’s post-flood relief and resilience activities by end of the current year, ADB Director General for Central and West Asia Eugene Zhukov told a virtual press conference from […]

Zurich, Sept 29 (AFP/APP): Swiss luxury chocolatier Lindt & Sprungli has won its case against the local branch of budget supermarket chain Lidl over its similar-looking Easter bunnies, according to a court decision published Thursday. The Federal Supreme Court of Switzerland ruled that Lindt’s chocolate […]

London, Sept 28 (AFP/APP): The Bank of England stepped in Wednesday to shore up market confidence after the International Monetary Fund criticized Britain’s inflation-fighting budget. Reacting to markets turmoil, the BoE announced it was temporarily buying up long-dated UK government bonds “to restore orderly market […]

Rawalpindi (PNI) Fauji Fertilizer Company Limited once again secured top ranking in the ‘Best Corporate and Sustainability Reports for the Year – 2021’ maintaining its traditional corporate excellence. In recognition of transparent reporting, good governance practices and to promote integrated thinking within the organization considering […]

ISLAMABAD, Sep 27 (APP): Federal Board of Revenue (FBR) has enabled refund adjustment tab in the return forms for facilitation of taxpayers while filing Tax Returns for the Year, 2022. Federal Board of Revenue has received a number of representations from various Tax bars, businesses […]

Frankfurt, Sept 26 (AFP/APP):Denmark’s maritime traffic agency on Monday reported a “dangerous” gas leak in the Baltic Sea close to the route of the inactive Nord Stream 2 pipeline, which experienced an unexplained drop in pressure. The leak, southeast of the Danish island of Bornholm, […]

London, Sept 26 (AFP/APP):The government of new British Prime Minister Liz Truss on Monday came under pressure after the pound hit a record low against the dollar following a huge tax-cutting budget last week. In a rare statement issued between its rate-setting meetings, the Bank […]

LAHORE, Sep 26 (APP): A meeting was held at Pakistan Railways Headquarters on Monday in which briefing was given on first quarter of 2022-23 development works. According to official sources here, the meeting was presided over by Railways Minister Khawaja Saad Rafique. Meeting held a […]

LAHORE, Sep 25 (APP): Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Sunday demanded to the State Bank of Pakistan (SBP) to expedite the process of import payments to avoid disruptions in industrial production. FPCCI President Irfan Iqbal Sheikh and Regional Chairman Muhammad Nadeem […]

ISLAMABAD, Sep 25 (APP): Federal Minister for Finance and Revenue Miftah Ismail on Sunday tendered his resignation to Pakistan Muslim League-Nawaz (PML-N) supremo Muhammad Nawaz Sharif in a party meeting held in London. Senior PML-N leader Ishaq Dar would replace Miftah as new finance minister. […]