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3% richest people hold 20% of the total collective household income: Gallup

Islamabad: The richest 3% of residents of 131 countries worldwide, hold 20% of the total collective household income -- as do the poorest 54%....

CNG association, transporters announce indefinite strike in Karachi

KARACHI: All Pakistan CNG Association (APCNGA) along with the Karachi Transport Ittehad (KTA) have announced an indefinite closure of CNG stations and public transport...

FBR says income tax deducted from salaries of all parliamentarians

ISLAMABAD: The Federal Board of Revenue (FBR) said on Thursday that income tax is deducted from the salaries of all the parliamentarians under section...

LPG price reduced by Rs20 per kg

ISLAMABAD: The price of Liquefied Petroleum Gas (LPG) has been reduced by Rs20 per kilogram with effect from January 1, 2014. The price of domestic...

ECNEC approves 10 projects worth Rs218.554 billion

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved 10 projects costing Rs218.554 billion in irrigation‚ water‚ power‚ infrastructure‚ and education...

PM rejects summary to increase petroleum prices

ISLAMABAD: Prime Minister Nawaz Sharif has rejected a summary for increasing prices of the petroleum products in the country. The Oil and Gas Development Authority...

Turkish Prime Minister’s visit to Pakistan: joint statement

ISLAMABAD: Pakistan and Turkey have expressed their resolve to comprehensively upgrade bilateral relations across all areas of mutual interest with focus on economic and...

Pakistan, Turkey seek to boost economic ties

LAHORE: Prime Minister Nawaz Sharif on Monday invited Turkish businessmen to invest in energy‚ agriculture‚ textile tourism and infrastructure building sectors in Pakistan, adding...

Russia files first WTO dispute over EU energy policy

Moscow: Russia has filed its first case with the World Trade Organization against the European Union, saying it was unfairly charging Russian companies hundreds...

Pakistan to receive one billion dollars from ADB next year

ISLAMABAD: The Asian Development Bank (ADB) will give loan of one billion dollars to Pakistan during next year for the completion of 27 development...

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