Tue, 21-Oct-2025

UniCredit’s Orcel assumes responsibility for Italy in homegrown drive

UniCredit's

Ubertalli’s unexpected expelling comes something like a year. After he was selected as head of Italy and follows the new exits. Other well established senior UniCredit leaders. UniCredit’s CEO Andrea Orcel has gotten a sense of ownership with maintaining the Italian bank’s homegrown business, an inside notice showed. Orcel, previous head of venture banking at … Read more

Govt urged to continue getting corporate guarantee in provisional assessment dispute cases

LCCI

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to continue the practice of getting corporate guarantee in provisional assessment dispute cases. In letters to the prime minister, adviser to PM on finance and its secretary, LCCI president Mian Nauman Kabir, senior vice president Mian Rehman Aziz Chan and vice president … Read more

Pakistan’s economy on track to achieve set growth target

Pakistan economy

ISLAMABAD: Rupani Foundation in partnership with Reenergia, Pakistan Institute of Economic Development (PIDE), and Karakorum International University (KIU), has formally inaugurated the GB Invest Initiative on November 29, 2021 in Islamabad and Gilgit, simultaneously. The launching ceremony was held at the National Press Club, Islamabad. This private sector-led GB Invest Initiative aims at mobilising the … Read more

SBP revises regulations to strengthen banking corporate governance

SBP

KARACHI: The State Bank of Pakistan (SBP) has issued revised “Corporate Governance Regulatory Framework” with the objective to further strengthen the corporate governance regime of banks and the DFIs and to align the same with international standards and best practices. The framework, which has been developed in consultation with the key stakeholders, covers Fit and … Read more

If you’re a fan of The Office, here are 5 more shows to watch

If you're a fan of The Office, here are 5 shows to watch

The Office has been off the air for more than eight years, but it remains one of the most beloved shows on television. The cast, which includes Steve Carell, Rainn Wilson, Jenna Fischer, John Krasinski, and others, is one of the strongest comedic casts ever assembled, and numerous shows have attempted to replicate the series’ … Read more

Corporate results season seems a bane for sugar mills

Sugar Mills

KARACHI: It seems this year’s corporate result announcement season will not be fortunate for the sugar mills as increased regulation and taxes on the commodity sales would further impact the books of already depressed mill owners. Four sugar mills posted financial results for the nine-month period ended June 30, 2021 on Tuesday, which do not … Read more

Prime Minister Imran Praises FBR for Achieving Historic Level of Tax Collection

Prime Minister Imran Praises FBR for Achieving Historic Level of Tax Collection

Prime Minister Imran Khan highly praised the Federal Board of Revenue (FBR) after they achieved a “historic level of tax revenue of Rs4,732 billion in the fiscal year 2020-21.” On Twitter, Prime Minister Imran said that the FBR tax collection in the previous fiscal year was more than the revised target of Rs4,691 billion and … Read more

Rupee expected to remain range-bound next week

rupee

KARACHI: The rupee/dollar parity is likely to move range-bound next week, owing to the demand for import and corporate payments, besides inflows of export receipts and workers remittances. The currency experts said that the exchange rate would depend on the demand for import and corporate payments. Usually, by the end of the fiscal year, the … Read more