- 18 April, 2024
November 19, 2021
RCCI Irked as SBP Increases Interest Rate by 150 BPS
The Rawalpindi Chamber of Commerce & Industry (RCCI) on Friday expressed strong reservations over an increase of 150 basis points in the interest rate by the State Bank of Pakistan, taking it from 7.25 percent to 8.75 percent.In a state…
Ministry of Economic Affairs Signs MoU With Pakistan Institute of Development Economics
Ministry of Economic Affairs and Pakistan Institute of Development Economics have signed an MoU for enhancing collaboration in the field of research and public policy analysis.Secretary Ministry of Economic Affairs witnessed the signing of MoU between …
Senate Approves NAB Amendment Bill Amid Protest by Opposition
The Senate approved on Friday the National Accountability Bureau Amendment Ordinance 2021 and the Journalists Protection Bill along with a few other significant bills amid protest by the opposition.Chairman Sadiq Sanjrani chaired the Senate meeting hel…
SPI Marks 1.07% Hike as Prices of Essential Items Rise
The Sensitive Price Indicator (SPI) for the week ended on November 18, 2021, recorded an increase of 1.07 percent due to the hike in prices of different commodities.The prices of chicken increased by 8.26 percent, cooking oil by 4.72 percent, bananas b…
FBR to Take Stern Action Against Tax Officials Pressurizing Management for Favors
The Federal Board of Revenue (FBR) has decided to penalize the tax officials putting external pressures on the top FBR management for their postings, transfers, deputations, or other service matters.In this connection, the FBR has issued a stern warnin…
Remittances Through IT Exports Surge by Almost 40% in July-October
The Information & Communications Technology (ICT) export remittances, including telecommunication, computer, and information services, have surged to $830 million during July-October of the current fiscal year, posti…