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...
Pakistan wants to extend CPEC to Afghanistan, says NA speaker
PESHAWAR: National Assembly Speaker Asad Qaiser said on Friday that Pakistan intends to enhance the scope of China-Pakistan Economic Corridor (CPEC) to...
SBP reserves surge $558m to $12.7bn
The State Bank of Pakistan's foreign exchange reserves rose 4.57pc on a weekly basis, data released by the central bank read.
On November...
Turkey’s ADO Group to invest in Pakistan’s real estate, construction industry
LAHORE: Turkish business giant ADO Group will invest in Pakistan’s construction and real estate industry, said Shafiq Akbar, Chairman of the Imarat...
Rupee ascend continues as dollar slips to Rs158.33
Pakistani Rupee maintained its winning run against the US Dollar for 21st consecutive day, gaining another 16 paisas in the interbank market...
Big industry expands 7.65pc in September
Large-scale manufacturing records 4.81pc YoY growth in July-Sept quarter
Punjab govt to set up high-tech testing lab to boost exportsÂ
LAHORE: Punjab Planning and Development (P&D) Board Chairman Hamid Yaqub Sheikh said on Thursday that a high-tech testing lab is being set...
FCCL expects double-digit growth in cement despatches this year
LAHORE:Â The management of Fauji Cement Company Limited (FCCL) is expecting a double-digit growth in cement despatches for the financial year 2019-20 (FY21),...
Bears dominate trading as PSX sheds 632 points
KARACHI: Bearish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Thursday, with the indices accumulating losses all day long while volumes...
PM reiterates commitment to timely completion of CPEC projects
ISLAMABAD:Â Prime Minister Imran Khan has reiterated Pakistan's strong commitment to timely completion of all projects under China-Pakistan Economic Corridor (CPEC).
Talking to Chinese...