ISLAMABAD: The government raised the price of petrol and reduced those of high speed diesel (HSD) and kerosene on Monday for the next fortnight. According to an announcement by the ministry of finance, the rate of petrol and light diesel oil (LDO) was increased by Rs6.72 and 43 paisa per …
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ISLAMABAD: It is almost time for the government to make what is likely to be one of the toughest calls of its tenure: who to appoint as the next chief of Pakistan’s Army. A senior Pakistan Muslim League-Nawaz (PML-N) leader — a member of the federal cabinet — hinted in …
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The Pakistan Stock Exchange (PSX) continued its positive momentum on Monday, rising by more than 450 points shortly after trading opened. According to the PSX website, the benchmark KSE-100 index gained 473.67 points, or 1.11 per cent, by 10:01am to reach 43,331.24 points. Head of Research at Intermarket Securities, Raza …
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ISLAMABAD: The government has given a commitment to the Asian Development Bank (ADB) to approve and commence with effect from January 1, 2022 the implementation of National Carbon Pricing Strategy under the country’s overall tax policy to raise tax-to-GDP ratio to 10pc by FY2025 from 8.5pc now. This is part …
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• Nominal GDP grows to $383bn from $3bn in 1950 • Per capita income to $1,798 from $86 ISLAMABAD: The structure of economy has drastically changed since Pakistan’s inception in 1947 with industry and then services sectors dominated the economy, says a finance ministry report released on Saturday. The report gives a glimpse …
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KARACHI: To mark the country’s 75 years of independence, the State Bank of Pakistan (SBP) on Sunday issued a Rs75 commemorative banknote featuring not only the portraits of Quaid-i-Azam Mohammad Ali Jinnah, Allama Iqbal, Mohtarma Fatima Jinnah and Sir Syed Ahmed Khan but also highlighting nation’s commitment to address climate …
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ISLAMABAD: Former prime minister Imran Khan has condemned what he called a government crackdown on the media houses and journalists supporting Pakistan Tehreek-i-Insaf’s narrative. “I want to warn our nation of an unprecedented crackdown campaign by the imported government and state machinery against media houses and journalists who are carrying …
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LAHORE: Punjab Chief Minister Parvez Elahi on Sunday announced free education up to graduation in state-run educational institutes. After hoisting the national flag at a ceremony held at Lahore Fort to celebrate Independence Day, Mr Elahi said he had made education free up to matriculation in his previous tenure as …
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NAROWAL: Imran Khan has been conspiring to divide the Pakistani Army at the behest of his “external sponsors”, said Federal Minister for Planning and Development Ahsan Iqbal here on Sunday. Speaking at flag-hoisting ceremony attended by PML-N local leaders and workers, former interior minister said the Pakistan Tehreek-i-Insaf chairman wanted …
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KARACHI: Independence Day celebrations marking 75 years of freedom this August 14 commenced with a 21-gun salute at the Naval headquarters here at dawn following a 31-gun salute in Islamabad along with prayers offered for the country and the nation. Acting Sindh Governor Agha Siraj Durrani along with Chief Minister …
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