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  • Author: Web Desk

VIS Reaffirms Entity Ratings of Kohinoor Textile Mills Limited

October 5, 2023

Karachi, October 05, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Kohinoor Textile Mills Limited (KTML) at ‘A+/A-1’ (Single A Plus/A-One). Medium to long-term rating of ‘A+’ reflects good credit quality and ad…

The post VIS Reaffirms Entity Ratings of Kohinoor Textile Mills

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FBR to Collect Bank Guarantees on All Afghan Transit Goods Equal to Duties Involved

October 4, 2023

The Federal Board of Revenue (FBR) will collect bank guarantees of all Afghan transit goods equal to the total duties/taxes involved on the goods destined for Afghanistan through Pakistan.The FBR issued S.R.O. 1396(I)/2023 on Tuesday. The FBR has also …

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ECC Directs Energy Ministry to Continue Supply of Gas to Fertilizer Plants till March

October 4, 2023

The Economic Coordination Committee (ECC) of Cabinet Tuesday directed the Ministry of Energy to continue the supply of gas to all fertilizer plants till March 2024, to ensure a sufficient supply of fertilizers in the market.The meeting chaired by Caret…

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World Bank Asks FBR to Issue Updated Valuation Tables of Immoveable Properties

October 4, 2023

The World Bank has asked the Federal Board of Revenue (FBR) to issue updated valuation tables of immovable properties across Pakistan, expand the tax base, improve audit capacity and real-time monitoring of the point of sales system under the WB-funded…

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Naseem Shah Successfully Undergoes Shoulder Surgery in London

October 4, 2023

Renowned Pakistani fast bowler, Naseem Shah, has successfully undergone minor surgery on his shoulder tendon at a private hospital in London.The procedure, which lasted approximately half an hour, was carried out by a specialist surgeon in England’s ca…

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Former New Zealand Pacer Lashes Out at Indian Fan for Criticizing Babar Azam

October 4, 2023

Former New Zealand pacer, Mitchell McClenaghan, has hit back at an Indian cricket fan for unnecessary criticism of Pakistan’s team captain, Babar Azam.A critic tagged McClenaghan on a social media post where he mocked Babar Azam for hitting boundaries …

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Ministry of Railways to Upgrade Stations in 5 Major Cities

October 4, 2023

In a bid to facilitate passengers and boost revenue, Pakistan Railways has decided to upgrade 5 major railway stations across the country to international standards.The stations that will be upgraded are Karachi, Lahore, Faisalabad, Peshawar and Quetta…

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ICC Cricket World Cup 2023 kicks off in India on Thursday

October 4, 2023

The ICC Men’s Cricket World Cup 2023 kicks off in India, tomorrow.In the opening match of mega cricket event, defending champion England will take on New Zealand in Ahmedabad tomorrow while Pakistan will play its first match against Netherlands on Fri…

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