Business

Yellen won’t rule out sanctions on Chinese banks

US Treasury Secretary Janet Yellen told Reuters on Friday that the US is considering further
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Salaried class pays nearly Rs200b in taxes

Income tax payment by the salaried class increased by Rs 72 billion to nearly Rs
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Short-term inflation decelerates to 3.71pc in Pakistan

According to the Pakistan Bureau of Statistics, weekly inflation as measured by the Sensitive Price
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Petrol price likely to increase from Dec 16

A marginal increase in petrol prices by 81 paise per liter and a reduction in
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Salary of federal ministers revealed

Federal Prime Minister Nazir Tarar briefed the Senate about salaries, allowances and other benefits of
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Oil inches up, on course for first weekly gain in

Oil prices edged higher on Friday, heading for their first weekly gain since late November,
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Audit exposes Rs 9 trillion irregularities in power distribution companies

According to a recent audit, financial irregularities of over Rs 9 trillion have been uncovered
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Stocks soar past 113,000 points on another cheerful day

The Pakistan Stock Exchange (PSX) gained another high by touching 113,000 points in early trading
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ADB approves $200m loan for upgrading electricity transmission system

The Asian Development Bank (ADB) has approved a $200 million loan to improve Pakistan’s electricity
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Govt pushes for social impact financing

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Monday reiterated the government’s commitment
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