Islamabad: Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, reported a 226% year-on-year (YoY) increase in consolidated operating profit.
In contrast, net profit reached Rs4. 7 billion, ref…
Month: July 2026
Upgradation of oil refineries vital for energy security, cutting fuel imports: PM
Islamabad: Prime Minister Shehbaz Sharif on Tuesday said that modernizing Pakistan’s oil refineries was essential to national energy security, as the upgraded facilities would reduce reliance on imports and deliver cleaner, eco-friendly fuel.
The p…
Finance Minister chairs second meeting of Committee on GM Corn, calls for consensus-based recommendations
Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Tuesday chaired the second meeting of the Committee on Genetically Modified (GM) Corn to review progress on the Committee’s mandate and deliberate on the way forward f…
FTO detects organised iPhone import scam, seeks FedEx, customs investigation
Islamabad: Federal Tax Ombudsman (FTO) has detected what it termed an organised scam involving the import and clearance of an iPhone 16 and directed the Federal Board of Revenue (FBR) to investigate the alleged role of FedEx, Customs officials and pr…
IHC moved against MCI tax collection auction
Islamabad: A constitutional petition has been filed in the Islamabad High Court (IHC) challenging the Municipal Corporation Islamabad’s (MCI) auction of rights for the collection of municipal taxes and fees, alleging that the civic body lacks the leg…
4 Commodores promoted to rank of Rear Admiral
Islamabad: As many as four Commodores including Tasawar Iqbal, Muhammad Umair, Shahid Wasif, and Rao Ahmed Imran Anwar of Pakistan Navy have been promoted to the rank of Rear Admiral. Rear Admiral Tasawar Iqbal was commissioned in Operations Branch o…