Market Daily: Bulls hungry as KSE-100 jumps 288 points

LAHORE: Indices at the Pakistan Stock Exchange (PSX) had a better day on Thursday compared to the previous session on Wednesday despite...

Imports touch record high of $60.898 billion in FY18

Also, the trade deficit of the country touched a record high of $37.670 billion in FY18 compared to $32.488 billion in FY17

Undeclared assets can hardly benefit people, says: Member FBR

Faheemul Haq admitted that FBR website was not easy to understand for common persons but added that it was being simplified and feedback from business and Industry was being taken into account

Donations for construction of dams not liable to tax or duties: SC

The judgment stated that the donations could be made at all the branches of the State Bank of Pakistan, all treasury offices and branches of National Bank of Pakistan as well as other banks, including micro-finance banks

Palm oil imports up by 8.14pc to $1.7b

ISLAMABAD: The imports of palm oil into the country witnessed an increase of 8.14 per cent during the first eleven months of the...

Neelum Jhelum project’s power intake system completed

ISLAMABAD: The Power intake system of Neelum Jhelum Hydropower Project at dam site has been completed with the operationalisation of the third...

CPEC ‘green’ projects a torch bearer for region

ISLAMABAD: A “green” CPEC is the need of the hour and it can become the torch bearer for China’s promise of a...

China confident about smooth functioning of CPEC

BEIJING: A spokesperson of the Chinese Foreign Office Hua Chunying expressed her confidence that the China-Pakistan Economic Corridor (CPEC) will continue to...

Massive overhaul required for prevailing flood forecasting mechanism 

LAHORE: Pakistan was not able to acquire the monsoon monitoring capability following the lack of required skilled manpower and modern forecasting equipment...

Trade deficit enhances by 16pc to $37.6bn

KARACHI: The country’s exports slightly enhanced by 14 per cent in the last fiscal year to $23.228 billion compared to $20.422 billion in...

Widening twin deficits overshadow performance of real economy: SBP

KARACHI: Real Gross Domestic Product (GDP) maintained its upward trajectory, exhibiting a 13-year high growth of 5.8 per cent in FY18. Benign...

Rs577b foreign assets, Rs1,192b domestic assets filed under amnesty scheme: Finance ministry

Unprecedented response witnessed to the Amnesty Scheme, claims ministry

Market Daily: PSX remains buoyant, closes up 133.95 points

LAHORE: The Pakistan Stock Exchange (PSX) started Wednesday morning in the red. Just when it seemed like indices have lost the momentum...

Car sales up by 21pc in July-June 2017-18

KARACHI: Total car sales have gone up by 21 per cent in the last fiscal year with 216,786 units sold as compared...

Pakistan’s debt-to-GDP ratio projected at alarming 74pc, expected to increase further by year end

ISLAMABAD: With an alarming projection, caretaker Finance Minister Dr Shamshad Akhtar painted a worrying economic picture and said that the total public...