American forces have started pulling out of two bases in Afghanistan, a US official said Tuesday, the day peace talks between Kabul and the Taliban were due to start despite widespread violence and a political crisis.

The Senate Standing Committee on Finance on Tuesday unanimously rejected Tax Laws (First Amendment) Bill 2019, declaring that the bill does not fall within the purview of the "money bill". The Senate Standing Committee on Finance, Revenue and Economic Aff

Prime Minister Imran Khan on Tuesday directed the relevant departments to enhance mutual coordination and forge a practicable and comprehensive strategy to "reduce petroleum prices as much as possible," while blaming the previous governments of mismanagem

Prime Minister Imran Khan on Tuesday blamed the previous governments for poverty in Pakistan saying the misplaced priorities of those in power in the past were being corrected by his government to "weed out poverty from the entire country."

The federal cabinet on Tuesday authorised the committee tasked by Prime Minister Imran Khan to probe the sugar and wheat flour crises under the Pakistan Commission of Inquiry Act, 2017, and gave further time for conducting a forensic audit of the informat

The shortfall in achievement of revenue target of the Federal Board of Revenue (FBR) for 2019-20 will have adverse consequences for the projected fiscal position of the government including curtailment in development expenditures.

The Finance Division has identified several risks including substantial shortfall in tax revenue, unexpected volatility in exchange rate and circular debt in energy sector, and financing of fiscal deficit in achieving fiscal sustainability, which can comp

Pakistan Stock Exchange Tuesday rebounded. Although the market dipped again after positive opening, however it turned bullish and remained in the positive territory and closed in green zone with healthy gains. BRIndex100 gained 68.81 points or 1.79 percen

Saudi Arabia will raise its crude supply to a record high in April, the kingdom announced on Tuesday, as it ratcheted up a standoff with Moscow over market share and appeared to reject Russian overtures for new talks. The clash of oil titans Saudi Arabia

The Economic Coordination Committee (ECC) of the Cabinet is all set to approve two amendments to the Petroleum (Exploration and Production) Rules, 2013 aimed at facilitating upstream petroleum sector. Sharing the details, sources in Petroleum Division tol

Power Division is likely to rebid for Pakistan Energy Sukuk (PES) -II of Rs 200 billion after eyebrows were raised by some of the stakeholders on the price being offered by a consortium of Islamic banks, well-informed sources in Finance Division told B