Deposit funds in private banks at 6pc interest BB asks state banks Star Business Report The central bank yesterday asked state-owned banks to deposit their funds in private banks at 6 percent interest rate in a bid to bring down the lending rate to a single digit. The development comes after two separate meetings […]
China factory growth slows Reuters, Beijing Growth in China’s manufacturing sector slowed in June after a better-than-expected performance in May, official data showed, as escalating trade tensions with the United States fuel concerns about a slowdown in the world’s second-biggest economy. China’s economy has already felt the pinch from a multi-year crackdown on riskier lending […]
Use of e-BIN a must from today NBR introduced e-BINs to implement VAT and Supplementary Duty Act 2012 Sohel Parvez 11-digit BINs become invalid today The validity of the manually issued BINs had been extended thrice NBR launched e-BIN in March last year Until June 28, some 112,199 businesses have registered for e-BINs The NBR’s […]