Facebook faces US lawsuits that could force sale of Instagram, WhatsApp
WASHINGTON/PALO ALTO: Facebook Inc could be forced to sell its prized assets WhatsApp and Instagram after the U.S. Federal Trade Commission and nearly every...
Sindh pushes Centre for Rs4bn to better compensate rain victims
KARACHI: The Sindh government on Wednesday urged the federal government to provide Rs4 billion in order to better compensate people affected by this year’s monsoon...
Hafeez Shaikh addresses int’l forum, seeks cross-border assistance in tax recovery
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said on Wednesday that Pakistan was among the few developing countries...
Cabinet issues directives to counter propaganda against Ravi, Bundle Island projects
ISLAMABAD: In a bid to counter propaganda against Ravi Urban Development Project and Bundle Island Project, the federal cabinet has directed the ministers concerned...
FBR sees 63pc jump in income tax collection
ISLAMABAD: The Federal Board of Revenue (FBR) has received a record number of returns this year, along with the highest ever amount of income...
Rs32.25bn approved for 29 development schemes in KP
PESHAWAR: The Provincial Development Working Party (PDWP)-KP on Wednesday approved 29 schemes worth Rs32.25 billion.
The 12th meeting of PDWP was held under the chairmanship...
CM Buzdar announces new projects worth Rs17bn for Sialkot
LAHORE: Punjab Chief Minister Usman Buzdar has announced new projects worth Rs17 billion for Sialkot.
Addressing a ceremony on Wednesday, Usman Buzdar said that the...
LHC seeks five-year record of Toshakhana auctions
LAHORE: The Lahore High Court (LHC) on Wednesday sought complete record from the federal government about auctions held for Toshakhana gifts during the past...
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...