Fertilisers face inventory glut as urea offtake drops 34pc in March
LAHORE: Urea offtake for March 2020 clocked in at 303,000 tonnes, down 34pc when compared with February 2020 and 26pc when compared...
Pakistan hasn’t received any foreign aid to fight corona, says PM Imran
ISLAMABAD:Â Prime Minister Imran Khan on Friday said that Pakistan has not received any financial assistance from any country or global organisation despite...
Govt’s intervention sought as ginning industry fights for survival
LAHORE: The Pakistan Cotton Ginners Association (PCGA) on Friday urged the government to formulate a strategy and recover Rs30 billion from textile...
Territorial disputes to hamper Diamer-Bhasha Dam progress
Harban tribe of Kohistan and Thor tribe of Diamer are both claiming ownership of 8km land in Gandlo Nala area
Stocks close flat in range-bound session
KARACHI: The Pakistan Stock Exchange (PSX) moved in a narrow range on Friday, with the benchmark KSE-100 Index failing to capitalise on...
Foreigners withdraw $59m from T-bills
KARACHI: It was too good to last. After weeks of divestment, foreign investors bought $191 million worth of treasury bills (T-bills) on...
SBP raises Rs76bn from Sukuk auction
KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs76.38 billion through auction of the five-year Government of...
IMF loan will reduce Pakistan’s financing risks: Moody’s
KARACHI: The International Monetary Fund’s disbursement of $1.4 billion to Pakistan is expected to reduce the country's financing risks, said Moody’s Investors...
Current account deficit shrinks 73pc in nine months
KARACHI: The country's current account deficit (CAD) decreased to $2.78 billion during the first nine months (three quarters) of FY20, a decline...
SBP reserves fall $85m to $10.8bn
IMF loan to be counted as part of SBP reserves from next week
Bulls hold ground as KSE-100 gains 386 points
KARACHI: Bullish trend prevailed at the Pakistan Stock Exchange (PSX) on Thursday, with the benchmark KSE-100 managing to accumulate gains amid volatility.
"International...
CCP to prepare rules for online businesses
ISLAMABAD: Keeping in view the rapid growth of digital businesses and to address issues pertaining to competition, data protection and transparency in...
KSE-100 ends in green after volatile session
KARACHI: Investors at the Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Wednesday, with the benchmark KSE-100 Index managing to...
SBP relaxes its loan scheme to facilitate small businesses
KARACHI: The State Bank of Pakistan (SBP) has added further incentives to its recently introduced temporary scheme for businesses to get loans...
Bipartisan deal reached on funding virus-hit US small businesses
WASHINGTON: US lawmakers and the White House have reached bipartisan agreement on a $480 billion emergency package that replenishes a depleted program...