PSX soon-to-be listed with 20pc stake open to public

Shahzad Chamdia, chairman of the stock market’s divestment committee has informed that the Pakistan Stock Exchange (PSX) is in the process of...

FIA unearths fake broker working with Zafar Moti and Adam Securities

KARACHI: The Corporate Crime Circle (CCC) of Federal Investigation Agency has unearthed a fake broker's (Wamiq Yousaf) fraud of Rs 51.365 million.Wamiq...

ECC allocates $25m for National Disaster Risk Management Fund

The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved $ 25 million for National Disaster Risk Management Fund (NDRMF). The ECC...

Fiscal deficit clock keeps ticking: ECC grants tax exemption to SSGC on Matiari-Lahore transmission line project

The Economic Coordination Committee (ECC) has approved a proposal exempting the State Grid Corporation of China (SGCC), of 12.5% withholding tax on...

A third brokerage house scam unfolds as SECP tightens scrutiny

As a  joint inspection team continues to monitor the operations of brokerage firms, a third scam has been unfolded within a couple...

NBP declares Rs 22.8bn PAT in 2016 up by 18%

The meeting of board of directors of National Bank of Pakistan (NBP) was held today at NBP Head Office Karachi and it...

Belarusian region proposes to export dairy to Pakistan

Belarusian region Brest Oblast is keen in building trade ties with Pakistan through the export of its dairy products to Pakistan, it...

Eurozone economy seen running at near 6-year high

Economic growth in the 19-country eurozone accelerated in February to reach the strongest pace in nearly six years, a closely watched survey...

Government releases Rs 428.578b for various social & development projects under PSDP

The federal government has released over Rs 428.578 billion for various social sector developmental projects under Public Sector Development Programme (PSDP) 2016-17...

Govt takes measures to boost exports

Commerce Minister Khurram Dastgir while addressing a function at Faisalabad Chamber of Commerce and Industry is reported to have said on Tuesday...

SBP seeks early resolution of US dollar notes issue

The State Bank of Pakistan (SBP) has urged all banks to either accept all kinds of US dollars (old and smaller denominations)...

PIA cuts a better wet lease deal with Turkish Airlines

Pakistan International Airlines (PIA) after incurring stark operational losses of over Rs 3 billion for running its Premier Service to London...

Will the real economy please stand up?

Is it the robust economy with one of the best performing stock markets in the world? Or is it the economy with...

Keeping fingers crossed

Things aren’t too bad on the foreign exchange reserves front. At $22.4 billion, our reserves seem to be sitting pretty; higher than...

PMA gearing up to launch 200 new buses in Lahore

The Punjab Metrobus Authority (PMA) will be launching 200 new public buses on feeder routes of Lahore Metro Bus this week, it...