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Failure of intreme Govt :Rupee hits record low at Rs.128 against US dollar

KARACHI-UNS – Dollar flight continued unabated and made heavy dents in the domestic currency for the fourth time since December and on first day of the new week received a fresh jolt dropping by almost 5.3 percent. The rupee at the interbank started journey with …

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Money laundering case: SC summons Summit Bank, Sindh Bank and UBL heads

ISLAMABAD-UNS- The Supreme Court has ordered the heads of Summit Bank, Sindh Bank and UBL to appear before it in a case involving fake bank accounts. Chief Justice Saqib Nisar asked FIA Director General Bashir Memon to give the court the investigation files. Memon informed …

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Petrol price revised down by Rs 4.26 per litre

ISLAMABAD – The caretaker government on Saturday decided to revise down the petroleum prices in light of directions from Supreme Court to reconsider the matter of hike in petroleum prices. The price of petrol has been decreased by Rs 4.26 per litre, that of High …

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Dollar falls as US tariffs kicks in

LONDON -UNS : The dollar fell on Friday as U.S. tariffs on Chinese imports took effect, but a muted reaction in currency markets suggested the escalation had largely been priced in by investors focusing on a U.S. jobs report due later in the day. The …

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CJP Saqib Nisar deposits Rs 1 million for construction of dams

ISLAMABAD -UNS – The Chief Justice of Pakistan Mr. Justice Mian Saqib Nisar has deposited Rs 1 million as donation in the account of “DIAMER BASHA AND MOHMAND DAM FUND-2018” from his personal account. In pursuance of Supreme Court Order dated 04.07.2018 in the Constitution …

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Tax amnesty scheme extended for a month

ISLAMABAD -UNS : The caretaker government has extended the Federal Board of Revenue’s (FBR) tax amnesty scheme for a month with a cut-off date of July 31. The tax amnesty scheme was extended in view of people’s interest in declaration of foreign and domestic assets. …

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Petrol by Interim govt: Heavy price increases in petroleum products ahead of general polls

ISLAMABAD -UNS – The caretaker government on Saturday night has hiked fuel prices for the second time in a month ahead of general elections 2018. As per the notification, the petroleum price has reached Rs99.50 per liter after an increase of Rs7.54 per liter while …

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Pakistanis transferred $15bn abroad during FY 2016-17

ISLAMABAD -UNS : A startling report, compiled by 12-member committee of experts, reveals that Pakistani citizens have transferred a sum of $ 15 billion abroad during the financial year 2016-17. Chief Justice of Pakistan Mian Saqib Nisar had ordered the court on March 26 to …

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Chabahar Port to be operational by 2019

TEHRAN -UNS: India declares to make Chabahar Port in Iran operational by 2019, regardless of threat of transformed US sanctions against Tehran. Chabahar port complex in Iran is a new transportation access strip for land-locked Afghanistan, which may result in opening way for millions of …

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SCO leaders voice expectations of future cooperation

QINGDAO, China- UNS/ Xinhua — Leaders of the Shanghai Cooperation Organization (SCO) held the annual summit of the Eurasian institution here on Sunday, with Chinese President Xi Jinping chairing the meeting. At the 18th Meeting of the Council of Heads of Member States of the …

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