Prices of petroleum products will remain the same till 31st of May as Prime Minister Imran Khan has turned down a proposal by the Oil and Gas Regulatory Authority for an increase in fuel prices. Taking to social networking website, Twitter, State Minister for Information and Broadcasting Farrukh Habib said that the prices of petroleum مزید پڑھیں

The State Bank of Pakistan on Sunday rolled out new office timings for all banks across the country to be implemented from May 17. All banks across the country will stay open from 9 am to 5:30 pm Monday to Friday, the State Bank of Pakistan (SBP) announced on Thursday. There will be prayer and مزید پڑھیں

In order to facilitate the nationals to spend Eidul Fitr holidays with their relatives, the Pakistan Railways (PR) has announced to run Peshawar-Rawalpindi trains. According to the Pakistan Railways Peshawar chapter, the first special train will leave for Rawalpindi from Peshawar cant station at 9 am tomorrow. The train will reach Rawalpindi at 12. 30 مزید پڑھیں

Even as it grapples with the coronavirus pandemic, Pakistan plans on boosting expenditure by 40% for large infrastructure projects to provide more jobs and raise productivity. This was revealed by Minister for Finance Shaukat Tarin to Bloomberg in an interview on Thursday. Tarin, who was recently given the helm of Pakistan’s financial matters, is due مزید پڑھیں

National Electric Power Regulatory Authority (NEPRA) has announced to reduce fuel adjustment charges for the month of May 2021, reported on Friday. According to a notification issued by the power regulatory body, Central Power Purchasing Agency (CPPA) sought a reduction in fuel adjustment charges by 61 paisas per unit. The NEPRA said that it held مزید پڑھیں

Former State Bank of Pakistan (SBP) governor and ex-caretaker finance minister, Dr Shamshad Akhtar, was elected as the first female chairperson of the Pakistan Stock Exchange (PSX), the bourse said in a statement on Wednesday. Akhtar, who was appointed as an independent director on the board last month, was “unanimously elected” in a meeting held مزید پڑھیں

Finance Minister Shaukat Tarin said on Wednesday that the International Monetary Fund (IMF) had been informed that Pakistan didn’t currently have the capacity to raise its tariffs or taxes under the IMF programme, adding that the World Bank and IMF had been sympathetic to the point of view. Addressing his first press conference in Islamabad مزید پڑھیں

Oman’s Ministry of Labour has said it convinced more than 90 companies to reverse their decisions to sack employees or deduct salaries during the first quarter of this year as a result of which 21,000 Omanis were saved from being terminated or have their salaries reduced, their local media reported. According to the ministry’s 1st مزید پڑھیں

Bahrain has officially launched the wage protection system which will be completed in phases to protect the wages of private-sector employees and limit labour disputes. The first stage of the system went into effect as of May with a wide response from the targeted employers, said Bahrain’s labour regulator. The current phase targets employers of مزید پڑھیں

The State Bank of Pakistan (SBP) has announced that it will not be issuing new notes on Edi ul Fitr this year due to the coronavirus pandemic. “Like last year, we will not be issuing new banknotes on Eid ul Fitr due to the spread of the coronavirus pandemic,” said the SBP in a statement. مزید پڑھیں