July 6, 2022

Train fares cut by 30pc on eve of Eid

KARACHI:Pakistan Railways on Wednesday announced a 30 percent discount in train fares on the occasion of Eid ul Azha. According to the railway administration, the reduction in train fares will

US, Pakistan vow to widen, deepen ties

ISLAMABAD:US Ambassador to Pakistan Donald Blome called on Minister of State for Foreign Affairs Hina Rabbani Khar here on Wednesday. Both the leaders reiterated their commitment to widen and deepen

SBP extends Online Portal to EMIs, PSOs and PSPs

KARACHI:In order to promote digitalization and encourage eco-friendly practices, the State Bank of Pakistan (SBP) developed online portal called SBP Regulatory Approval System (RAS) to enable regulated entities (i.e. banks,

Punjab Board refuses to print books at old rates

LAHORE:Punjab Curriculum and Textbook Board (PCTB) on Wednesday refused to print books at the old rates causing huge hurdles for students. After the PCTB decision, students of the sixth, seventh

SBP issues final instructions for IFRS-9 implementation.

KARACHI:State Bank of Pakistan (SBP) Wednesday issues final instructions for implementation of International Financial Reporting Standard-9 (IFRS-9) in the banking sector. SBP issued final instructions on IFRS 9 for ensuring