Low base lift up Nov CPI expected to swell 4.2pc
LAHORE:Â Consumer Price Index (CPI) for November is expected swell up to 4.2 per cent from an average of 3.6 per cent in...
NAB to focus on taking action against big fish
KARACHI: Chairman NAB, Justice (retd) Javed Iqbal said that corruption is a curse as fighting such menaces is tantamount to waging Jihad.
Addressing...
Action sought into illegal sale of PIA’s A-310 aircraft
ISLAMABAD: National Assembly Standing Committee on Wednesday told Prime Minister Shahid Khaqan Abbasi to act against Pakistan International Airlines (PIA) senior officials...
Second-hand car imports being inhibited, not banned, says: Dagha
KARACHI: No ban on import of used cars has been imposed and no plans are under consideration to completely close it, said...
ADB to provide $140 million for KP’s road network rehabilitation
ISLAMABAD: Asian Development Bank has approved a $140 million for enhancement of provincial road network, safety and road maintenance in Khyber-Pakhtunkhwa province.
The...
SBP providing cheap financing facilities
FAISALABAD: State Bank of Pakistan (SBP) is providing cheap financing facilities with minimum markup rate to 5 important segments for the speedy,...
Pakistan successfully raises $2.5 billion via issuance of Eurobond & Sukuk
LAHORE: Â Pakistan has been successful in raising $2.5 billion debt via the issuance of dollar-denominated debt as it seeks to shore-up its...
Power distribution system offers $4bn market: Awais Leghari
ISLAMABAD: Minister for Power Division, Sardar Awais Ahmed Khan Leghari has invited Japanese companies and investors for investing and exploring the $...
ECP notifies Shariah Standards No 17, 18, 23 of AAOIFI
ISLAMABAD: The SECP has notified for public consultation three Shariah Standards of Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI);Â Shariah Standard...
Government to accelerate privatisation move
ISLAMABAD: While the process of privatising government entities has been halted after few transactions of profitable organisations, the government has decided to...
Rana Afzal Khan to become next Finance Minister
LAHORE: The PML-N MNA Rana Afzal Khan is set to become the next federal Finance Minister, it has been reliably learnt by Profit....
Pakistan acquires $2.5b in loans in just 4 months
ISLAMABAD: The government continues to conduct external borrowing with another $2.5 billion acquired during the four months (July-October) to support foreign exchange reserves that...
Trade balance to improve in Pakistan’s favour after revised FTA with China: Sartaj
ISLAMABAD: Planning Commission Deputy Chairman Sartaj Aziz on Tuesday hoped that after the finalisation of revised Free Trade Agreement (FTA) between Pakistan...
Debt and fiscal operations performance during Q1 2018 remains strong: MoF
ISLAMABAD: The spokesman of the Finance Division said here on Tuesday that debt and fiscal operations data of general government for the...
Market Daily: KSE 100 dips below 40,000 points psychological barrier
LAHORE: The misery for investors of the Pakistan Stock Exchange (PSX) gets worse with every passing day. The downfall which started post...