Last update: Tue, 30 Aug 2016 12am

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Prime Minister Nawaz Sharif and Saudi Defence Minister Prince Mohammed bin Salman discussed bilateral relations between the two countries when the latter met him at the Prime Minister's House on Sunday night.
Minister for Commerce Engineer Khurram Dastgir Khan is to preside over a stormy meeting of Federal Textile Board (FTB) on Monday (today) wherein issues being faced by the textile sector and reasons for the continuous decline in exports will be discussed threadbare.
Cabinet Division has reportedly sought federal cabinet's endorsement of public sector entities sell-off decisions taken by the Cabinet Committee on Privatisation (CCoP) from 2014 onward, well informed sources told Business Recorder.
The Competition Commission of Pakistan (CCP) has been directed by Finance Minister Ishaq Dar to investigate the causes behind increasing prices of essential daily food commodities and check whether anti-competitive practices like collusion or abuse of dominance is behind price hike of commodities like milk powder.
President of Pakistan as an appellate authority under Federal Tax Ombudsman Ordinance, 2000 has issued four different orders on the same issue of Minimum Taxation under Section 153(1)(b) of the Income Tax Ordinance, 2001.
In a major development, senior leaders of Muttahida Qaumi Movement (MQM) Dr Farooq Sattar and Nasreen Jalil on Sunday met United States Consul General Brian Heath in Karachi and exchanged views on the "plight" of MQM.
Egypt reinstated on Sunday a controversial ban on wheat shipments containing even the slightest amount of a common grain fungus, baffling traders who had returned to the Egyptian market just last month when the ban was lifted. The world's largest wheat importer said on Sunday it was re-introducing its zero tolerance policy on ergot - which can lead to hallucinations in large quantities but is considered harmless at minor levels - and would apply the decision retroactively.