FINANCE
IMF advises Pakistan to tax the rich to protect poor
The International Monetary Fund (IMF) Wednesday advised Pakistan to tax the wealthy in order to provide relief to the poor...
Elections, reform programme to boost confidence in Pakistan’s economy, ADB
The Asian Development Bank (ADB) has expressed optimism regarding Pakistan's economic prospects, highlighting that the reform programme and smooth conduct...
High-end consumers likely to bear brunt of imminent gas tariff hike
High-end consumers will likely bear the brunt of an imminent hike in gas tariff as the caretaker government is mulling...
Train fares hiked for the second time in September
Pakistan Railways hiked train fares for the second time in September after a massive rise in petrol and diesel prices....
PIA’s monthly losses balloon to Rs12 billion
The monthly losses of the national flag carrier have reached Rs12 billion. The Finance Ministry has refused to bear any...
IT ministry and FBR join hands to bring more people into tax net
Pakistan's Ministry of IT and Telecommunication is teaming up with the Federal Board of Revenue (FBR) to rope in more...
Fuel price likely to increase by Rs20 from Sept 16
The inflation-hit masses are all set to get another shock, as the prices of petroleum products are expected to see...
Nepra uncovers serious irregularities in billing, meter readings
The National Electric Power Regulatory Authority (Nepra) has uncovered serious irregularities in billing and meter readings by the power distribution...
PIA cancels scores of flights due to shortage of funds
The operations of Pakistan International Airlines (PIA) were severely affected due shortage of funds with a number of domestic and...
Global food inflation surges, alarming figures reveal the extent of crisis
In a troubling turn of events, food prices around the world have soared, affecting countries across the spectrum. While some...
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