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SBP keeps policy rate unchanged at 13.25%

LAHORE: The State Bank of Pakistan (SBP) on Monday announced to hold its main policy rate at 13.25 percent, taking a pause from a series of recent hikes that it said had been enough to ensure the country s high inflation would gradually…

FBR to launch app to facilitate salaried class

ISLAMABAD: The Federal Board of Revenue (FBR) will be launching a new mobile application to facilitate the salaried class in filing their tax returns, the Rawalpindi Islamabad Tax Bar Association (RITBA) announced on Friday.

Russia’s Expo Bank keen to invest in Pakistan

ISLAMABAD: Igor Vladimirovich Kim, the Chairman of leading Russian investment Expo Bank, expressed keen interest to invest in Pakistan’s financial sector. Igor Kim expressed his interest during a meeting with Federal Minister for…

Amazon bets big on India with mega-office

With 49 elevators moving a floor per second and zumba classes for its more than 15,000 employees, Amazon's new Indian headquarters, its biggest building globally, matches its ambitions in a vast but challenging market.…

FATF reviews Pakistan’s compliance report

ISLAMABAD: The Financial Action Task Force’s (FATF) Asia Pacific Group on Monday scrutinised Pakistan's compliance report on supervision of regulatory regime and investigation against money laundering and terror financing.

Telegram secretly plans ‘Gram’ cryptocurrency

Working in secrecy for a year, the Telegram messaging service has a plan: to beat Facebook in the race to launch a cryptocurrency with its new project "Gram". Little is known about Gram, but media reports say Russian-founded Telegram…

Chinese business delegation calls on PM Imran

LAHORE: Prime Minister Imran Khan met a delegation of Chinese investors from around 100 Chinese investment companies, mostly from the Shandong province, China. The delegation was led by Mr. Javed Afridi at Governor House Lahore today.…