FBR slaps penalties on non-compliant retailers

FBR-Islamabad imposes Rs1 million penalty each on Tehzeeb Bakers and Metro Shoes for failing to connect their retail outlets with POS system

Urea supply sufficient for Rabi season

LAHORE: The local urea market is adequately supplied for Rabi season 2020-21 as it has accumulated a total inventory of one million tonnes on...

Stocks recover 102 points in see-saw trade

KARACHI: Pakistan Stock Exchange (PSX) endured a volatile session on Wednesday, with the benchmark index swaying both ways in search of a clear direction...

ICCI seeks extension in return filing deadline

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has urged the government to extend the income tax return filing date, citing errors in...

Rasheed urges Egypt to invest in Pakistan Railways

Federal Minister for Railways Sheikh Rasheed Ahmed and Egyptian ambassador Dr Tarek Dahroug have deliberated over possible Egyptian investments in Pakistan Railways (PR). The two...

Illegal registration of ‘Kernal’ rice trademark cancelled: Dawood

Advisor to PM for Commerce, Investment Abdul Razak Dawood has disclosed that Pakistan has succeeded in cancelling the illegal registration of ‘Kernal’ for trademark...

WB announces $300m grant for two Sindh projects

ISLAMABAD: The World Bank (WB) approved on Wednesday a $300 million grant for two projects in Pakistan, namely the Sindh Resilience Project and the...

737 MAX to return to skies in Brazil

RIO DE JANEIRO: Nearly 21 months after it was grounded following two deadly crashes, the Boeing 737 MAX will return to the skies Wednesday...

PM Imran inaugurates Pakistan’s third private airline in Sialkot

'AirSial will put pressure on other airlines, including PIA, to improve their services'

Oil eases on demand concerns after jump in US stockpiles

WASHINGTON: Oil prices eased on Wednesday as an unexpected jump in U.S. oil inventories fuelled concerns over slow demand, but positive news on COVID-19...

EU must move, UK says as Johnson heads for last Brexit supper in Brussels

LONDON: British Prime Minister Boris Johnson heads to Brussels on Wednesday for dinner with European Commission President Ursula von der Leyen in a last...

India may amend farm reform in the hope of ending protests

NEW DELHI: India’s government will consider amending reforms that have sparked protests by farmers fearing the end of guaranteed crop prices but it will...

Pakistan finally challenges India’s claim on basmati in EU

ISLAMABAD: With only two days to go in the deadline, Pakistan has finally challenged India’s application for an exclusive Geographical Indication (GI) tag for basmati...

Toyota unveils new fuel cell car in fresh push on hydrogen technology

TOKYO: Japan’s Toyota Motor Corp put its revamped Mirai hydrogen fuel cell car, with 30% greater range, on sale on Wednesday in a fresh...

Likee to launch operations in Pakistan following million downloads

KARACHI: Likee, the world's leading global short video creation platform with around 150 million unique monthly users worldwide, is all set to launch its...