Govt pockets Rs 262bn GST from telecom consumers in 5 yearsKARACHI: The Pakistan Muslim League Nawaz (PML-N) led government pocketed Rs 262 billion from telecom consumers in general sales tax (GST) and activation taxes during the past five years. The statisti...
Pak Suzuki launches 4 new vehiclesLAHORE: Pak Suzuki Motor Company Limited hosted a launch event to introduce 4 new products: Cultus (auto gear shift), Mega Carry, GR 150 and GSXR 600. The event was held at Pearl Continental, Islamaba...
Cotton trading remains quality focused amid steady physical pricesKARACHI: Better grades of lint remained in focus on depleting stocks that kept quality conscious buyers on front foot amid steady physical prices during trading at lint market. Buyers made deals for b...
SBP calls for banks to accelerate adoption of PayPak cardsKARACHI: State Bank of Pakistan (SBP) Deputy Governor Jameel Ahmad has emphasised the need for the adoption of domestic payment scheme, PayPak card, by banks in order to provide cost effective, ubiqui...
KSE-100 Index crashes to 17-month low amid political noiseKARACHI: Pakistan equities lost ground on Thursday with benchmark KSE-100 Index losing 1,123 points or 2.8 percent, falling below the 39,000 level to close at a 17?month low of 38,785 points. The KSE?...
SBP receives $2.5bn in proceeds from international bondsKARACHI: State Bank of Pakistan on Thursday confirmed to have received $2.5 billion on December 05, as proceeds from Pakistan sovereign bonds and Pakistan international sukuk. During the week ending N...
Accredited vocational training institute to be set up in PakistanLAHORE: Premier Energy and South Eastern Regional College Lisburn joined hands for collaboration in the fields of solar energy, electrical installation and environmental technologies which will begin...
Dollar remains flat versus rupeeKARACHI: Dollar ended flat in value versus domestic unit in interbank and slightly depressed in open market. After appreciating by 01 paisa during intraday trading, dollar closed on previous day's lev...