Nepra approves reduction in power tariff of Rs1.70 per unit for July

Islamabad: National Electric Power and Regulatory Authority (NEPRA) on Wednesday approved a tariff refund of Rs1.70 in electricity rates due to fuel...

Bears dominate as KSE-100 drops 420 points

KARACHI: Pakistan Stock Exchange (PSX) witnessed a negative start to the trading week, as the indices remained in the red zone for almost...

World Bank approves mid-term review to support social sector development in Pakistan

Islamabad: The World Bank has approved a mid- term review to support social sector development for Pakistan in partnership with International Finance...

Market daily: bears drag PSX close to 42,000pts

LAHORE Bears held their grip over the Pakistan Stock Exchange (PSX) in the first trading session of the week. Having hit hard by...

KSE-100 takes yet another dip

LAHORE The Pakistan Stock Exchange on Thursday remained volatile in the absence of any positive trigger. Investors who bought textiles, E&P’s and power scripts...

Direct investment surges by 12.7pc in July-April 2016-17

The Oil and Gas, Power sectors and Construction Industries supported total foreign investment of the country, which increased by 105 per cent...

SBP forex reserves decline 0.50pc to touch $13,787.9m

Karachi: Decline in foreign exchange reserves continued for the fourth consecutive week as reserves held by State Bank of Pakistan (SBP) touched...

Cabinet okays three-week extension in sugar probe

PM orders ban on the export of all edible items, decision to be reviewed after two weeks 

Call for regional economic integration in South Asia

LAHORE: SAARC Chamber of Commerce and Industry (Pak chapter) Vice President Iftikhar Ali Malik Sunday said South Asia had a viable potential...

Wall Street, Silicone Valley observe as Spotify goes public

NEW YORK: Spotify Technology's unusual route to becoming a public company is a test case for other multibillion-dollar tech companies that are...

Weekly inflation increases 0.65pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on December 26 increased by 0.65pc as compared to the previous...

Japan to penalise cryptocurrency exchanges

TOKYO: Japan’s financial regulator will this week slap several cryptocurrency exchanges with administrative punishment notices and is considering forcing some to suspend...

SBP keeps monetary policy unchanged at 5.75pc for next two months

Karachi: The State Bank of Pakistan (SBP) kept the policy rate unchanged at 5.75 per cent following a considerable strong growth momentum...

World Bank forecasts global economic growth of 3.1 percent for 2018

WASHINGTON: The World Bank predicts that the global economy will grow 3.1 percent this year, which would be its best showing in...

140m cell phone, 42.5m internet users ineligible to become filers

Billions of rupees taxed money remains unclaimed   Despite claims of tightening the noose around non-filers in the next budget, the government has...