Business

New textile policy to be ready by June 30

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ISLAMABAD: The federal minister for textile industries Abbas Khan Afridi said on Monday that a new textile policy focusing on value-addition and boosting exports...

Business

Pakistan, Iran ink eight agreements, MoUs

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TEHRAN: Pakistan and Iran signed eight agreements and memorandums of understating (MoU) in different fields to further strengthen bilateral relations between the two countries. Prime...

Business

Pakistan railways earns Rs 2 billion in current fiscal year

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ISLAMABAD: Pakistan Railways has earned an amount of over Rs2 billion from freight service in the first 10 months of current fiscal year, media...

Business

No increase in sales tax in budget 2014-15 : FBR

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ISLAMABAD: The federal government has decided not to put extra burden on masses through increasing sales tax in upcoming budget, a member of the...

Business

Dar says growth rate to remain over 4 percent this fiscal year

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ASTANA: The federal minister for finance Ishaq Dar has expressed the hope that national economy would grow by over four percent during the current...

Business

Pakistan receives $400 million loan from ADB

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ISLAMABAD: Pakistan has received $400 million as a loan from the Asian Development Bank (ADB) for energy projects, media reports said on Saturday. The amount...

Business

Pakistan forex reserves to reach $15 billion by Sept 30: Dar

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LONDON: The federal minister for finance Ishaq Dar said on Saturday that the country’s forex reserves have increased to $12 billion and will reach...

Business

Pakistan to receive $12 billion loan from World Bank

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ISLAMABAD: The finance ministry said on Friday that Pakistan will receive a $12 billion loan from the World Bank over a period of five...

Business

Tax collection increased by 15 percent till April 30

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ISLAMABAD: The tax collection by the federal government has increased by 15 percent till April 30 this year compared with corresponding period last year,...

Business

IMF approves bailout package of $17 billion for Ukraine

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WASHINGTON: The International Monetary Fund (IMF) has approved a bailout package of $17 billion for Ukraine. The first installment of $3.2 billion has already been...

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