Business & Economy

Lahore, May 14 (Online): Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President IrfanIqbal Sheikh and Regional Chairman Muhammad NadeemQureshi has welcomed the Federal Board of Revenue (FBR) decision to withdraw its clarification issued vide C.NO.11(17)DRD/2010-56598 dated April 27, 2021. IrfanIqbal Sheikh and Muhammad […]

ANKARA – May 14 (ONLINE) Amid a deepening economic crisis in Turkey, anger is growing towards the millions of refugees living in the country, with tensions threatening to spill over in recent weeks. Videos of large groups of foreign nationals hanging out in various places […]

ISLAMABAD, May 13 Minister for Information and Broadcasting Marriyum Aurangzeb has said Imran Khan is responsible for the historic appreciation of dollar. “Imram Khan is guilty for devastation of national economy and historic appreciation of dollar. Imran Khan has plunged the country into quagmire of […]

New York, May 13 (AFP/APP):Elon Musk sent mixed messages Friday about his proposed Twitter acquisition, sending shares of the microblogging platform lower amid skepticism over whether the deal will close. In an early morning tweet, Musk said the $44 billion takeover was “temporarily on hold,” […]

ISLAMABAD, May 13 (APP): Indus River System Authority (IRSA) Friday released 185456 cusecs water from various rim stations with an inflow of 200234 cusecs. According to the data released by IRSA, the water level in the Indus River at Tarbela Dam was 1412.32 feet, which […]

Washington, May 13 (AFP/APP): The US Senate on Thursday confirmed Jerome Powell to a second term as head of the Federal Reserve, as the central bank ramps up its fight to crush soaring inflation. The vote came amid inflation that has hit a 40-year high, […]

ISLAMABAD, May 13 (APP): Sale of cars during ten months of current fiscal year 2021-22 (July-April) has surged by 56.96 percent as compared to same period of last year, a recent data released by Pakistan Automobile Manufacturing Association (PAMA) said. According to the data, as […]

Hong Kong, May 13 (AFP/APP): Asian equities were mostly up Friday following a tumultuous trading period on Wall Street, but analysts said the outlook remained bleak as inflation, the Ukraine war and Chinese lockdowns weigh on sentiment. World markets have been volatile for much of […]

LAHORE May 12 (Online): Pakistan Furniture Council (PFC) Chief Executive Officer Mian Kashif Ashfaq Thursday disclosed that Pakistan’s furniture exports registered astronomical 111.59 per cent increase during first nine months of the current fiscal year, compared to corresponding period of the last year. Talking to […]

Islamabad, May 12, 2022 (Online): The Asian Development Bank has indicated to provide an additional support of 2.5 billion dollars for the next Fiscal Year, out of which 1.5 to 2 billion dollars can be available in the ongoing calendar year. This was expressed by […]