Gold rates dip by Rs.1,600 per tola to Rs. 238,000 By: APP on May 5, 2024The per tola price of 24 karat gold decreased by Rs.1,600 and was sold at Rs. 238,000 on Saturday compared to its sale at Rs. 239,600 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs.1,257 to Rs. 204,047 whereas the prices of 10 gram 22 karat gold […]
FBR unveils plan to fast-track billions in pending tax cases By: inp on May 5, 2024The Federal Board of Revenue (FBR) has decided to devise comprehensive operational strategies to expedite the collection of billions of rupees stuck in various tax cases pending in different courts. Federal Minister for Finance, Muhammad Orangzeb, visited the headquarters of the Federal Board of Revenue to chair a meeting aimed at reviewing the performance of […]
FRIA warns govt of industry closure due to increased costs By: Agencies on May 5, 2024The Ferozepur Road Industrial Association (FRIA) has warned that the continued escalation of energy prices could result in the closure of industries, amplifying unemployment rates and diminishing Pakistan’s export capabilities. In a statement issued here today, the FRIA senior vice chairman Shahbaz Aslam emphasising the need for the government to explore and provide affordable energy […]
China’s basic old-age insurance covers 1.07 bln people By: APP on May 5, 2024The number of people covered by basic old-age insurance in China had reached 1.07 billion by the end of March 2024, official data showed. This figure represented an increase of 14.34 million people compared with the same period last year, according to data released by the Ministry of Human Resources and Social Security. By the […]
FBR takes notice sale of seized smuggled vehicles below reserve price By: inp on May 5, 2024The Federal Board of Revenue (FBR) has launched the investigation of the practice of selling confiscated smuggled vehicles at prices lower than the minimum auction reserve price. This issue has reportedly been ongoing for several years and has come under scrutiny following a letter from the Legal and Accounting Customs Wing of the FBR. According […]
Azerbaijan desirous of enhancing ties with Pakistan in various sectors By: inp on May 5, 2024Azerbaijan has expressed its desire to enhance bilateral relations with Pakistan in various sectors, particularly Communication and Transport. The desire was expressed by Azerbaijan’s ambassador to Pakistan Khazar Farhadov during a meeting with Minister for Communications Abdul Aleem Khan in Islamabad. The ambassador said investors of Azerbaijan are interested in realizing vast ranging investment in […]
APHC pays tribute to Ashraf Sehrai on his martyrdom anniversary By: APP on May 5, 2024The All Parties Hurriyat Conference has paid glowing tributes to senior Hurriyat leader, Muhammad Ashraf Sehrai, on the eve of his third martyrdom anniversary in Indian illegally occupied Jammu and Kashmir. According to Kashmir Media Service, senior APHC leader and Tehreek-e-Hurriyat Jammu and Kashmir Chairman, Muhammad Ashraf Sehrai who challenged India’s illegal occupation and political […]
Ambassador Hashmi speaks highly of Chang’e 6 project By: APP on May 5, 2024Pakistan Ambassador to China Khalil Hashmi spoke highly of the extensive global cooperation on China’s Chang’e-6 mission, saying that this is a demonstration of international cooperation in action. “Another milestone and good auspicious day for China, and for Pakistan-China friendship, but also for international cooperation. So, we see today China providing concrete example of a […]
Direct flights between Pakistan and Morocco need of the hour By: DNA on May 5, 2024President of Federation of Pakistan Chamber of Commerce and Industry Atif Ikram Sheikh met with Moroccan Ambassador Muhammad Karamone at the Federation House. On this occasion Atif Ikram Sheikh said that direct flights and strong air links should be established between Pakistan and Morocco. Trade between Morocco is less than expected Joint ventures in new […]
BF leader calls ‘unfair’ to retain policy rate at highest level By: APP on May 5, 2024Leader of Businessman Forum (BF), former Senator Ilyas Ahmad Bilour described retaining policy rate at 22 percent as unfair and detrimental for business, industrial and economic growth and demanded to bring it down to 12 percent. In a statement issued here on Saturday, Ilyas Bilour, a leading businessman of the country recalled that the PML-N […]