Rs 194.214 m allocated to Petroleum Ministry under non-development expenditure: Khaqan

March 23, 2017 6:03 pm0 comments
Rs 194.214 m allocated to Petroleum Ministry under non-development expenditure: Khaqan

Tuesday informed the Senate that an amount of Rs 194.214 million was allocated for the Petroleum Ministry under non-development budget for the year 2015-16. During the Question Hour in the House, the minister said Rs 702.149 million was earmarked for the policy wing of the ministry under non development expenditure […]

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Rs 194.214 m allocated to Petroleum Ministry under non-development expenditure: Khaqan

March 22, 2017 4:36 pm0 comments
Rs 194.214 m allocated to Petroleum Ministry under non-development expenditure: Khaqan

ISLAMABAD (APP) – Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi on Tuesday informed the Senate that an amount of Rs 194.214 million was allocated for the Petroleum Ministry under non-development budget for the year 2015-16. During the Question Hour in the House, the minister said Rs 702.149 million […]

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Swiss bank UBS to be tried in France over tax fraud

March 21, 2017 7:12 pm0 comments
Swiss bank UBS to be tried in France over tax fraud

PARIS (AFP) – Swiss banking giant UBS will go on trial in France for establishing a wide-ranging tax fraud scheme worth billions of euros, legal sources told AFP on Monday. UBS will be charged with illegal banking practices and dissimulating tax fraud, the sources said, adding UBS s French subsidiary […]

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Dar chairs meeting to review economic reforms

7:11 pm0 comments
Dar chairs meeting to review economic reforms

Finance Minister, Senator Mohammad Ishaq Dar chaired a meeting here on Monday to review the progress of various economic reforms being carried out by the government. The meeting was attended by Finance Secretary, Secretary EAD and senior officials of Finance Division. On the occasion, the Finance Minister reviewed ongoing structural […]

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Pakistan to pay fine of $7 mln on non-usage of loans

7:10 pm0 comments
Pakistan to pay fine of $7 mln on non-usage of loans

Pakistan would pay a sum of $7 million to Asian Development Bank (ADB) in terms of fine if it does not use loan worth $4.5 billion. According to details, ADB granted $6.4 billion loan to Pakistan for different projects while federal government has only used amount of $1.80 billion. ADB […]

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Uber president Jeff Jones resigns

7:09 pm0 comments
Uber president Jeff Jones resigns

Jeff Jones resigned as president of Uber on Sunday while adding further to the miseries that the online cab service is already striving to cope up with. Jeff Jones joined Uber Technologies Inc. less than seven months ago and his departure will thrust the company into deeper turmoil. According to […]

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