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 was using...
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 which met...
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 the dividends...
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 of months...
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 approved the...
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 has been...
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 found Tuesday.
In...
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 as against the...
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 that the...
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) or face...
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 during the...
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 ever dwindling...
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 they have...
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 has been...
BYCO floats first-ever AAA rated private sector Sukuk
Byco Oil Pakistan Limited (“BOPL”) has successfully issued its first privately placed Sukuk for Rs 3,120 million, reported a national daily.The issue, subscribed by...
