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HomeTags16/05/19

All Stories: 16/05/19

Hafeez Sheikh questions stagnant export rate in meeting with traders

Hafeez Sheikh admonished traders when they asked for concessions saying the traders had failed to register growth in the export sector.

Downward trends continue to haunt PSX, sheds 320 points

Share prices of 45 companies recorded an upward trend while 266 companies took a plunge whereas 09 companies remained stable out of the 320 companies that traded shares.

Zardari furious over NAB inquiry in today’s appearance, claims it to be his last

"This is the last time I am appearing before NAB, after this NAB will cease to exist," said Zardari.

TESCO pays Rs3.4 billion in taxes to FBR despite tax exemption

Statutory Regulatory Orders provide exemption to Federally administered Tribal Areas (FATA) and Provincially Administered Tribal Areas (PATA) from federal taxes.

Advisor for Federal Budget and Development Planning, Asif Sheikh removed by IHC

Sheikh, who retired in March 2008 after attaining the age of superannuation, was the man who advised the PPP government to use public funds for political purposes, calimed the allegations against him.

3200 smuggled mobile phones seized in Karachi

During a successful raid by Mochko police against smuggled mobile phones being brought into the country illegally, phones worth Rs.8 million were seized.

Had to take tough decisions to support forex reserves: Hafeez Shaikh

The chief financial advisor expressed resolve to keep the people in lower strata of the economy who are economically weak and impoverished under special consideration.

Beggars continue to flock to Karachi during Ramazan

Beggars are said to earn an average of Rs.1500 daily from the streets of Karachi.
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