Stockbrokers are seen near an electronic display board during a trading session at the Stock Exchange in Karachi. — ReutersKSE-100 Index closed at 146,480.14, down 11,015.96 points, or 6.99%.Index hit an intraday high of 150,174.09, down 7,322.01 points, or 4.65%.The index recorded a…
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Cabinet approves 15% raise in EOBI pensions
An undated photo of the federal cabinet in Islamabad. — Radio Pakistan/File
In a sigh of relief for retired employees, the federal government approved a 15% increase in pensions under the Employees’ Old-Age Benefits Institution on Saturday.
Talking to journalists,…
PAC grills FBR, industry ministry over sugar crisis
PAC Chairman Junaid Akbar chairs the committee meeting at the Parliament House in Islamabad, on February 19, 2025. — OnlineFBR asked why SRO granted sudden tax relief.1.3 million tonnes sugar surplus, committee told.Exported sugar earned over $400 million forex.