FDI jumps to 15.6pc, adding $262.5 mn from last year

KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5...

Facebook introduces new features for Pakistani market

KARACHI: With the expansion of broadband internet services in Pakistan, technology companies like Facebook are taking keen interest to enhance their user...

Toyota to increase car prices amidst rupee devaluation

MUZAFFARABAD: The rupee devaluation has made it unsustainable for the Indus Motor Company (IMC) to operate under the present prices of its...

SECP announces regulations for selection of independent directors

ISLAMABAD: The Securi­ties and Exchange Comm­ission of Pakistan (SECP) has announced draft regulations regarding the process and selection of independent directors of companies. The Companies...

Market Daily: KSE 100 index sheds 131.86 points, ends week at 43,363.21

LAHORE: The Pakistan Stock Exchange (PSX) had a turbulent last session on Friday where the indices swung violently. In search of direction,...

Govt to focus on high growth rate, controlled inflation in next budget: Miftah Ismail

ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail Friday said the government will mainly focus on setting the target for a...

FBR notice seeking details of allottees is a conspiracy against economy: ABAD chairman

KARACHI: The Federal Board of Revenue (FBR) has issued notices to various builders and developers for providing details of allottees of shops, flats...

Upcoming budget to give relief to stock market: Miftah Ismail

LAHORE: Special Adviser to Prime Minister on Finance Miftah Ismail has stated that the government will announce relief for the stock market...

Summer load-shedding to persist, despite increased power supply

LAHORE: Despite increasing power supply, consumers are expected to face power outages during the upcoming summer months, reported a private news outlet. The...

Brokers, directors lobby as PSX elections approach

LAHORE: With the Pakistan Stock Exchange (PSX) Board elections to be held on April 19, stockbrokers and some independent directors are lobbying...

Miftah offers to give PSM for free with PIA

LAHORE: Adviser to Prime Minister on Financial Affairs Miftah Ismail has offered to give Pakistan Steel Mills (PSM) for free to anyone...

Economic growth at risk due to eroding macroeconomic stability, says IMF

LAHORE: The International Monetary Fund (IMF), recently published its Post-Programme Monitoring report after the completion of First Post-Programme Monitoring Discussions on March...

Gross external financing needs projected to touch $27 billion by FY19: IMF

LAHORE: International Monetary Fund (IMF) on Thursday released its post-program monitoring report predicting gross external financing needs are projected to touch $27...

Karachi ranked amongst cheapest cities, despite unfavourable circumstances

LAHORE: Karachi has been ranked as one of the cheapest cities to live in the world, in a recently released report by The...

Nepalese PM KP Sharma to inaugurate 6th SAARC Business Leaders Conclave today

KATHMANDU: Prime Minister of Nepal KP Sharma Oli will inaugurate the 3-day 6th SAARC Business Leaders Conclave on March 16 at Kathmandu featuring...