ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin on Wednesday commended the measures taken by the State Bank of Pakistan (SBP) to shield small and medium businesses against insolvency and joblessness amid the Covid-19 pandemic. A press statement issued by the Finance Ministry said that Mr Tarin met SBP Governor Dr Reza Baqir who updated him on different policy …

LAHORE: The troubled Silkbank Ltd (SBL) has requested the State Bank of Pakistan (SBP) to allow it yet another extension until June 30 for finalising and publishing its annual report and audited accounts for 2020. The bank has sought the extension on the grounds that Habib Bank Ltd (HBL) has recently started due diligence of its consumer portfolio in order …

ISLAMABAD: After consecutive increases for many months, the electricity rates for consumers of 10 distribution companies (Discos) of Wapda are set to go down by over 61 paisas per unit under monthly fuel cost adjustments for March. The National Electric Power Regulatory Authority (Nepra) will take up for public hearing on April 28 the tariff petition seeking reduction in consumer …

KARACHI: The government reduced the cut-off yields by up to 15 basis points and raised Rs708 billion through the auction of treasury bills (T-bills) on Wednesday. The bids pattern shows that investors are also keen on investing in the short-term T-bills. The government raised the highest amount of Rs347.4bn for benchmark six-month T-bills. Market experts believe that the government has …

Hollywood star Hilary Duff came forth with some exciting news for fans, announcing her lead role in her production of hit sitcom How I Met Your Mother’s sequel. Titled How I Met Your Father, the gender-swapped upcoming Hulu show will feature the Younger star playing the female version of the original’s lead character, Ted Mosby. Told from a vantage point of view, the show …

All hell broke loose after Prince Harry and Meghan Markle gave a bombshell interview to Oprah Winfrey last month, escalating their feud with the British royal family. Even though his broken ties with the royals fell weaker after the explosive CBS chat, Harry’s return to the UK for Prince Philip’s funeral offered new hope for a reconciliation between him and …

Scott Disick’s ladylove Amelia Hamlin and his ex-girlfriend Sofia Richie surprisingly arrived at the same Pilates studio on same day. Amelia Hamlin was seen stepping out to a Pilates studio in Los Angeles this Wednesday. In what appears to be a coincidence that Sofia Richie was also spotted outside the same Pilates studio that very day. 19-year-old Amelia, whose parents …

Travis Barker’s relationship with Kourtney Kardashian has left his ex-wife Shanna Moakler feeling hurt. While it has been 10 years since they split, Shanna is thought to be hurting over her ex-husband’s grand gestures of affection to the Keeping Up with the Kardashians star as it is unearthing similar memories. “Shanna’s moved on from Travis, but it’s been hurtful that everything he’s …

Sofia Richie narrowly escaped bumping into her ex Scott Disick’s girlfriend Amelia Hamlin. The model was seen going to a celebrity hot-spot Pilates studio for her session but returned to her car after a few minutes. A source told E! News that she wanted to avoid rubbing elbows with her ex’s lady and decided to skip her workout for the day. “It …

Hollywood icon John Travolta is opening up about the iconic moment in history when he and Princess Diana took the dance floor together at the White House. The Grease star, 67, spoke to Esquire Mexico and revealed that he had made no preparations to dance with the late Princess of Wales. The shot of them dancing from a 1985 White House state dinner …