miftah ismail

Amid conflicting signals from Pakistan authorities on whether or not Islamabad wanted to resume trade with India, official sources in New Delhi said the onus was on Pakistan on the issue. Sources pointed to the fact that it was Pakistan…

Miftah Ismail (Reuters photo)ISLAMABAD: Pakistan will impose an extra one-time 10% tax on large scale industry for one year to raise over 400 billion Pakistani rupees ($1.93 billion) ahead of a deal to resume crucial funding from the…

ISLAMABAD: Pakistan’s government has hiked fuel prices by up to 29%, removing fuel subsidies in an attempt to trim the fiscal deficit and secure critical support from the IMF for the cash-strapped economy. This is the third cut in fuel…