Dollar gains Rs1.52 in interbank market
The US Dollar gained Rs1.52 against Pakistani Rupee in the interbank on Wednesday.
According to a State Bank of Pakistan tweet, the US...
Hafeez Shaikh stresses public-private partnership for inclusive growth
KARACHI: Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh has urged the private sector to do away with the past...
SBP forecasts up to 2.5pc GDP growth in current fiscal year
The State Bank of Pakistan (SBP) has improved its growth outlook for the country, predicting that the national GDP will grow between...
Textile exports rise 6pc YoY to $1.3bn in October
ISLAMABAD: Pakistan’s textile exports, which account for about 60pc of its overall exports, clocked in at $1.3 billion in October 2020, up...
PM reaffirms commitment to wealth creation, industrialisation
PM Imran inaugurates Kashmir Underpass, Model Police Station Civil Lines in Faisalabad
Stocks shed 138 points amid lack of triggers
KARACHI: The Pakistan Stock Exchange (PSX) was back in the negative territory on Wednesday, with the indices failing to maintain yesterday's momentum...
Bulls lift KSE-100 by 147 points
KARACHI: Bulls took charge of the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark index closing positive despite further contraction in...
ECC approves Rs80m grant for payment to British law firm
ISLAMABAD: The Economic Coordination Committee (ECC) on Monday approved Rs80 million for a British law firm to pursue cases under investigation in...
PKR is Asia’s third-best and EM’s fifth best-performing currency
KARACHI: After registering approximate gains of 5.94pc this fiscal year, the Pakistani Rupee now stands as Asia's third-best and Emerging Market's fifth-best...
CCoP approves sale of 99.6pc stake in Heavy Electrical Complex
ISLAMABAD: The Cabinet Committee on Privatization (CCoP) has approved the transaction structure for divestment of 96.6pc shares of Heavy Electrical Complex (HEC). Â
Adviser...
Stocks slip as investor sentiment wavers
KARACHI: Pakistan Stock Exchange (PSX) moved in a narrow range on Monday, with the benchmark index failing to sustain gains amid weak...
Foreign direct investment surges 151pc to $317m in October
Foreign direct investment (FDI) into the country surged 151pc year-on-year to $317.4 million in October 2020, compared with $126.5 million in the...
Dollar falls to eight-month low against rupee
KARACHI: Pakistani Rupee continued with its winning streak against the US Dollar, gaining 17 paisas in the interbank market on Friday.
According to...
India in technical recession for first time in history: RBI
MUMBAI: For the first time in India's history, the country has entered into a technical recession in the first half of a...
Stocks close flat on lack of triggers
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed a turbulent session on Friday, with the indices swaying both ways in search of a clear...