Market Daily: KSE-100 closes in red after a shaky session

LAHORE: The Pakistan Stock Exchange (PSX) witnessed another jittery session on Thursday. The indices, after a decent beginning to the session, went...

Pakistan’s forex reseves decrease by $74.70mn

According to data released by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood at...

Govt lets rupee down!

Dollar touches all-time high at Rs146 before bouncing back to Rs144 later in day Further devaluation on the cards after open...

Foreign office denies China stopped funding for three CPEC projects

ISLAMABAD: Ministry of Foreign Affairs on Thursday denied China had stopped funding for three China-Pakistan Economic Corridor (CPEC) projects and the government...

Ten Rs25 billion SEZ projects face delays, threatens investment

ISLAMABAD: Over ten projects of Rs25 billion in various sectors like automobile, auto parts, steel and pharma have been marred by delays...

Textile exports clock $1.002 billion in July, register 16.09 percent MoM fall

During July, cotton yarn exports rose 7.62 percent YoY, touching $117.343 million

EDB opposes relaxation for importers of used cars

'Facilitation of importers will undermine the expected investment plan of $3.2bn in the auto sector' ISLAMABAD: As the government was mulling to withdraw...

Country’s direct investment dips by 2.8pc to $1.382bn in July-Dec 2017

KARACHI: The country’s Direct Investment (DI) has dipped again by 2.8 per cent to $ 1.382 billion during the first half of...

ECC approves up to 14pc hike in gas price for commercial consumers

Committee also okays Rs20 increase in meter rent for domestic consumers

Govt mulls slashing duties on 152 tariff lines

ISLAMABAD: As the government, through tariff rationalization, has already removed various duties on 164 items, it also intends to remove customs duties...

NICVD’s organises 1st certification ceremony of Intervention Cardiology Fellowship Programme

KARACHI: National Institute of Cardiovascular Diseases (NICVD) organised its first certification ceremony of Interventional Cardiology Fellowship Programme on January 30, 2018, in Karachi. A...

Senate committee to be briefed on loans taken by PSO  

ISLAMABAD: The Senate Standing Committee on Petroleum and Natural Resources will be briefed about the details of loans taken by Pakistan State Oil...

RBI pumps in liquidity to ease cash crunch; bond markets rally

The government will effectively cut its market borrowing by 700 billion rupees due to higher-than-expected earnings of 750 billion rupees through its small savings scheme

Pakistan demands advance payment for projects from KSA

The Arab country may invest in the oil city and Special Economic Zones (SEZs) of CPEC for which the Chinese government has no objection,

UAE-Pakistan food trade set to grow

Trade between the United Arab Emirates (UAE) and Pakistan will soon see new heights, as Pakistani companies focus on increasing their exports...