PSX expected to stay range bound, continues to search for triggers...

LAHORE: Pakistan Stock Exchange (PSX) is expected to stay range-bound and volatile to reign market week ahead in the backdrop of a trigger-less market,...

Imported cars may face a price hike as govt deliberates new...

  KARACHI: Faisal Kenneth, an Uber driver, has recently received an offer of Rs1.35 million for his 2014 Daihatsu Move that he bought only two...

The great land theft

If there is a single place that can be thought of as the foremost cathedral to free-market capitalism, it is not the New York Stock Exchange, nor any other place in Lower Manhattan, or...

Another feather in Sialkot’s much-festooned cap

Amongst the town and cities of the undivided Punjab – quite like, Jalandhar, Amritsar, Lyallpur, Ludhiana and Hoshiarpur – Sialkot, the north-eastern entry point to the fabled state of (now Indian Occupied) Kashmir, was...

Creating a niche from nowhere

In a spot of financial bother, her father Jawed Yasin asked Amal Faisal to take the plunge within days of her graduation from the city’s prestigious Institute of Business Administration (IBA). Still smarting from...

D360’s watchwords: ‘Anything, Anytime, Anywhere’

After a brief stint in supply chain management and marketing at various renowned businesses, a failed attempt to launch his own ride-hailing service, having eventually founded D360, Kamran Shabbir Rana launched D360 – an...

Tab to taxpayers: Rs5 billion

Located around 318 kilometers east of Karachi, the headquarter of Tharparkar, amid the sand dunes lies Mithi – infamous for its droughts and famine and one of the lowest in terms of human...

“Profit per branch” Ranking of banks in Pakistan – Year 2016

Notwithstanding the relative size and nature of operations, the profit per branch among Pakistani Banks depicts a peculiar picture. Citi Bank Pakistan tops the list with over a billion rupees in profit per branch but...

Chiniotis mean business!

Mushtaq Ahmad Yousufi, the greatest-ever Urdu language satirist, in one of his trademark quips said that Muslims of undivided India thrived only in one business – skins and leather, and that too of the...

Will Toyota be able to kill two birds with this one stone?

Earlier this month, the market was abuzz with talks that Indus Motor Company (IMC), the makers of Toyota Corollas in Pakistan, is replacing its hottest brands Xli and Gli, with new 1300cc variants –...

Dollar brawler

Ever wondered why the rupee quotes at 108.20 or 110 and not at Rs120 or Rs125 to a dollar? It’s not much different from...

Editor’s Note: The silver bullet

‘The government should drop the ancient practice of doling out plots as end-of-career economic security to its elite cadre of civil and military bureaucracy...

Editor’s note: Clicks but not without bricks

Yes, digital is the future in all sectors, including banking. Yes, Standard Chartered has a bit of a first movers advantage within the sector;...
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What cars are Hyundai-Nishat going to launch?

LAHORE: The hottest topic in Pakistan’s automobile industry today is the upcoming range of Hyundai hybrid cars being assembled in the country by the...

Alibaba almost broke the internet, sales exceed Pakistan’s total exports in a span of...

LAHORE: Alibaba Group broke all records at the Singles’ Day event on Saturday, generating record sales of $ 25.3 billion (168.2 billion yuan). The...

FIA starts enquiry into Mari Petroleum scam

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) government has allegedly caused gigantic loss worth Rs 600 billion to the national exchequer through changing the gas pricing...

OGRA to suspend license of OMCs based on Honda’s complaint

ISLAMABAD: The Oil and Gas Regulation Authority (OGRA) has received a report from the committee probing sale of adulterated petrol. It was earlier reported that...

PIA proposes selling of Roosevelt hotel, other assets to settle Rs352 billion liabilities

ISLAMABAD: As Pakistan International Airlines (PIA) liabilities soar; the management has drafted a plan to settle them by selling some of its critical assets...

Volkswagen gears up to enter the auto fray in Pakistan

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Wednesday while welcoming the decision of Volkswagen to invest and undertake business venture in Pakistan, assured all...

Pakistan imposes duty on imports of Indian fine cotton yarn

ISLAMABAD: In order to save the domestic market, National Tariff Commission (NTC) has imposed 5.6 per cent to 14.5 per cent anti-dumping duty on...

A weaker rupee would help the economy: World Bank

LAHORE: Recent World Bank analysis stated that a weaker Pakistani rupee would help external balances with limited economic costs. The recent analysis outlines that there...