Staff Report

Pakistan starts barter trade with Russia, Iran and Afghanistan

LAHORE – Pakistan has allowed barter trade of selected items with Russia, Iran, and Afghanistan in a bid to ease burden on fast depleting foreign…

State Bank extends deadline for redemption or encashment of withdrawn prize bonds

LAHORE – State Bank of Pakistan has extended the deadline for redemption or encashment of withdrawn bearer prize bonds of Rs7500, Rs15,000, Rs25,000, and Rs40,000…

FBR misses revenue collection target for May 2023

LAHORE – Federal Board of Revenue (FBR) has failed to achieve the revenue collection target for May 2023. As per the official announcement of FBR…

Inflation reaches highest level of 38pc in history of Pakistan

LAHORE – Persistent double-digit inflation for more than one year has made the lives of hapless people miserable, not only in cities like Lahore and…

LCCI demands trade in local currency to overcome foreign exchange reserves crisis

LAHORE – Lahore Chamber of Commerce and Industry president Kashif Anwar has suggested initiating barter trade and trade in local currency with regional countries to…

Guard announces Rs30 million cash reward for wheat, cotton and rice breeders

LAHORE – Guard Agricultural Research and Services has announced Rs30 million cash reward for the breeders for developing high yielding wheat, cotton and rice seeds.…

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