FBR revenue shortfall surges to Rs184 billion 

ISLAMABAD: Despite taking an advance worth of around Rs400 billion from the business community as well as from banks, the tax department could...

SECP to support foreign companies in expanding investment portfolios in Pakistan

ISLAMABAD: The economic growth of the country is dependent on the inflows of foreign capital from the international corporate sector and the Securities...

Bitcoin trades above $11,000, after 10pc weekend jump

LONDON/NEW YORK: Bitcoin tested 15-month highs on Monday after jumping more than 10pc over the weekend, with analysts ascribing the spike to growing...

KSE-100 gains 131 points amid range-bound trading

KARACHI: The Pakistan Stock Exchange (PSX) managed to close another session in the green amid range-bound trading and low market turnover. Foreign...

G7 finance officials back need to regulate digital currencies

WASHINGTON/BERLIN: Finance ministers and central bankers from the Group of Seven (G7) advanced economies strongly supported the need to regulate digital currencies,...

Pakistan’s strengthening financial market attracts Chinese fintech giant

ISLAMABAD: As Pakistani market is attracting the attention of the Chinese entrepreneurs, a popular Chinese Fintech company, Webull, is all set to...

FBR registers 16pc growth in first 9 months 

ISLAMABAD: During first nine months of the current financial year, the Federal Board of Revenue (FBR)  has recorded a provisional net revenue collection...

Market Daily: KSE 100 starts positive, increases by 381.10 points

LAHORE: The Pakistan Stock Exchange (PSX) marked a positive beginning to the week. The weekend brought in the news of a smooth transfer...

Political stability key to economic growth: SAARC CCI

ISLAMABAD: SAARC's Chamber of Commerce and Industry (CCI) Senior Vice President Iftikhar Ali Malik Sunday said that political stability studded with uninterrupted...

Pakistan rupee due for another round of devaluation

ISLAMABAD: Jon Scheiber, CEO and partner at Tundra Fonder believes the Pakistani rupee is due for another round of devaluation and said...

Telecom sector witnesses dramatic increase in revenues

ISLAMABAD: The telecom industry has seen a dramatic increase during the last four years as its revenue reached $15.35 billion from July...

Asia Pacific delegation finds ‘deficiencies’ in Pakistan’s FATF action plan

ISLAMABAD: A six-member visiting delegation of the Asia Pacific Group (APG) has found some deficiencies in Pakistan’s systems, agencies, and laws to...

Market daily: PSX stocks end flat on last day of dull week

LAHORE The Pakistan Stock Exchange (PSX) in its last session of the week traded both sides and the benchmark KSE 100 index closed...

Stocks stay in green amid volatility

KARACHI: The Pakistan Stock Exchange (PSX) managed to close a volatile session on Tuesday in the green zone. The indices, which opened...

Descon CEO quits own company, becomes PM’s aide

LAHORE: Descon Engineering Limited's chairman, Abdul Razzaq Daud, today resigned from his own company to join the incoming government on the special...