Stocks gain 90 points in range-bound trading
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a dull start to the trading week, with the benchmark KSE-100 Index managing to close...
Global Forum on Islamic Finance 2018 held at COMSATS
LAHORE:Â Islamic finance professionals, academics and researchers on Tuesday gathered at the Global Forum on Islamic Finance (GFIF) 2018, a two-day conference organised...
Govt raises Rs 284b through t-bills
The government managed to raise Rs 284b at an auction of market treasury bills (t-bills) on Wednesday, rejecting bids for 12-month papers...
Stocks extend rally with 314-point gain
KARACHI: Bullish trend continued at the Pakistan Stock Exchange (PSX) on Tuesday, as the indices kept accumulating gains throughout the day despite...
CCP fines five battery manufacturers Rs1m each
ISLAMABAD: The CompetÂition Commission of Pakistan (CCP) has imposed a penalty of Rs1 million each on five battery manufacturers for violating section...
Govt crawls across IMF finish line
Delayed time and again, the approval concludes a process that exposed some of the economy's deepest flaws.
ECC approves simplification of tax regime for non-resident companies
ISLAMABAD:Â The Economic Coordination Committee (ECC) of the Cabinet has approved separate proposals for the simplification of tax regime for non-resident companies investing...
Country’s current account deficit widens to $2.601bn for Jul, Aug
KARACHI
The balance of payment figures rang an alarming bell for the economists as the country’s current account deficit (CAD) widened almost double...
Stocks manage modest gains in range-bound session
KARACHI: The Pakistan Stock Exchange moved in a narrow range on Wednesday, with the benchmark KSE-100 Index closing a lacklustre day with...
Pakistan receives first tranche of $1.2b from IMF: Dar
ISLAMABAD: Finance Minister Ishaq Dar has stated that Pakistan has received the first tranche of 1.2 billion dollars under the stand by...
SECP to initiate action against financial pundits online
The Securities and Exchange Commission of Pakistan (SECP) has taken the decision to take stern action against people who act as financial...
ECC instructs to make USC operational again to stabilize food commodity prices
Currently, USC’s monthly sales stand around Rs1 billion and sitting on an inventory worth Rs4.5 billion
Tourism will strengthen economy, create jobs: PM
ISLAMABAD:Â Prime Minister Imran Khan on Monday said there was a lot of tourism potential in Pakistan and promotion of that sector would...
Current account posts deficit of $269mn in January 2024
Current account slides 71% with a deficit reduction to $1.093 billion in seven months of FY24
Pakistan received Dh251m aid from UAE in 2019
ISLAMABAD:Â Pakistan has been a major beneficiary of aid provided by the United Arab Emirates (UAE), with grants amounting to Dh251 million last...