SBP reserves rise by $11m to $10.1bn
KARACHI: The net foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $11 million to $10.107 billion during...
NAB arrests 8 accused in Fisherman Cooperative Society
KARACHI: The National Accountability Bureau (NAB) Karachi Tuesday arrested eight accused and nominated in Reference No 2/2018 filed in the accountability court at Karachi.
The...
Pakistan hasn’t gained much from China FTA, says study
Lahore: A study conducted by the Lahore School of Economics has revealed that due to lower tariffs on Chinese imports has affected...
PCJCCI identifies potential sectors for Pak-China joint ventures
LAHORE: Pak-China Joint Chamber of Commerce and Industry (PCJCCI) has identified seven high potential sectors for joint ventures and investment between Pakistan...
Market Daily: PSX puts up weak show as KSE-100 closes in red
LAHORE: The Pakistan Stock Exchange (PSX) trailed regional and world markets and put up a weak show on Wednesday. A plunge in...
Government considering new framework for bilateral trading of electricity
CTBCM envisages enabling an environment to draw investments based on credit cover given by market participants and with no government need of giving sovereign guarantees.
Budget money was being unlawfully transferred to non-lapsable accounts: PAC
ISLAMABAD: The Public Accounts Committee (PAC) made a starling discovery on Wednesday that the ministries with collusion of finance secretary were unlawfully...
MNA from treasury benches slams govt for written off loans, failure in recovery
ISLAMABAD: MNA Rana Hayat Khan belonging to treasury benches Friday slammed his own government for written off loans and failure in the...
Telecom equipment and mobile phone imports surge by 54pc in July
Islamabad: According to a report in a local newspaper, it has been observed that the tax incentives offered to the telecom sector...
PSX shares to be offered
KARACHI
The shares of the Pakistan Stock Exchange Limited are being offered to high net-worth/institutional investors and the retail investors at a floor...
Cement exports drop 14pc in first quarter FY20
ISLAMABAD: The export of cement during the first quarter of the current financial year (FY20) witnessed a decline of 13.94pc as compared...
Car manufacturing down 49.73pc YoY in July
ISLAMABAD: The production of passenger cars in the country posted a record decline of 49.73 per cent to 8,280 units during the...
Stocks end lower as investors remain cautious ahead of Eid holidays
KARACHI: The Pakistan Stock Exchange (PSX) moved within a narrow range ahead of Eid holidays, with the benchmark KSE-100 Index closing a...
FBR asks banks to provide details of unverified accounts
ISLAMABAD:Â The Federal Board of Revenue (FBR) has instructed the banks to provide the details of unverified accounts, sources revealed on Friday.
The revenue...
Govt slashes petrol price by 59 paisa per litre
The government on Thursday has reduced the prices of petroleum products for the month of February 2019.
According to notification, petrol price has...