Dear reader, online ads enable us to deliver the journalism you value. Please support us by taking a moment to
As budget looms, tax plan still under debate
Three major taxes — super tax, tax on bonus shares and on undistributed inter company dividends — could be axed.
Govt scrambles for consensus as provinces baulk at PSDP allocations
Some provincial projects have been included in the revised federal PSDP portfolio.
Rupee sinks further in open market
The dollar attracts a record high price of Rs119.50.
‘Structural flaws exist in management of public money’
Around Rs1.8tr belonging to various ministries, state institutions, etc is parked in banks, secretary finance tells PAC.
Cement pulls index down after two-day rally
The rout in the cement and banking sectors in late hours pull the index down by intraday low of 195 points.
Third-tier tax regime on cigarettes likely to go
The current federal excise duty should be reverted back to the old two tier structure, NA body recommends.
MCB Bank quarterly profit dip 22.3pc
The bank declares first interim cash dividend of Rs4 per share for the three months period ended March 31, 2018.
CORPORATE WATCH
Kapco earnings slide by 15pc
KARACHI: Kot Addu Power Company (Kapco) declared 3QFY18 profit after tax at Rs2.21...
Rs5m fine imposed on Reliance Paints
The CCP’s inquiry finds Reliance Paints was in an agreement with its dealers to maintain the resale price.
Cotton prices steady on strong demand
Irregular supply of irrigation water is hampering cotton sowing which may adversely impact the overall crop size.
Palm oil stays flat
KUALA LUMPUR: Malaysian Palm oil futures ended flat on Wednesday evening, previously charting two earlier sessions ...
Gold falls
Higher yields on bonds make gold a less attractive investment because it pays no interest.
Where’s the money, RBI?
MUMBAI: Having speeded up printing presses to refill banks’ empty ATMs in some parts of the country, the Reserve...
Boeing cruises past forecasts as margins, sales grow
“We’re not seeing anything there that’s a material effect right now,” Chief Executive Officer Dennis Muilenburg says.