Gilgit-Baltistan presents Rs63.856 billion budget
Opposition rejects budget, protests against GB Order 2018
PSX recovers losses to close in green
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) endured a volatile session on the first trading day of the week, as indices that declined by...
Vintage cars exempt from import tax, to be taxed at $5,000 flat
Under the proposed rules taxation will not vary according to the engine capacity of the car but will be imported at a fixed rate of $5,000 per unit.
PARC-JICA sign MoU to facilitate Balochistan’s agri sector Â
ISLAMABAD:Â Pakistan Agriculture Research Council (PARC) and Japan International Cooperation Agency (JICA) on Tuesday signed a memorandum of understanding (MoU) for the capacity building of...
Interloop raises Rs5.02bn through largest private sector IPO
General public will be offered shares on 21st and 22nd March at a price of Rs46.10 per share
Interloop Limited successfully raised Rs5.02 5...
The heir to Agha Hasan Abedi
How Abraaj’s downfall has echoes of the earlier scandal of BCCI’s collapse, and how it might impact the place of Pakistanis in global finance
Pakistan’s Airlift secures $12m in Series A financing
Airlift, a Pakistan-based decentralised mass transit system, has secured $12 million in Series A financing. The round was led by First Round Capital, a...
Market Daily: KSE 100 almost flat as caretaker PM announced
The government and opposition parties have finally agreed upon nomination for the caretaker prime minister as the current tenure of the government is due to end on May 31, 2018.
Meezan Bank’s profit jumps 62pc to Rs4.9bn
KARACHI: The Board of Directors of the Meezan Bank met on Tuesday to review the bank’s performance and announce its financial statements on Wednesday...
Trump taps fierce World Bank critic to take its helm
WASHINGTON:Â President Donald Trump on Wednesday tapped a well-known World Bank critic to lead one of the world's primary development lending institutions.
David Malpass, a senior...
Foreign reserves plunge to four-year low after 4.4 per cent drop
Foreign currency reserves held by SBP were recorded at $9,063.6 million, down $415.9 million
Frances nudges up 2020 deficit forecast to 2.1pc
PARIS: France expects its public sector deficit to reach 2.1 per cent of economic output next year, up from the 2.0 per cent forecast...
Experts believe Dollar may further weaken against Rupee
KARACHI: A crackdown on illegal money exchanges during the last few months and a smooth supply to the Exchange Companies from the banking sector...
Creditor starts legal proceedings for Abraaj restructuring
Auctus is the second creditor, after Kuwait’s Public Institution for Social Security (PIFSS), to start legal action in the Cayman Islands, where Abraaj Holdings is registered
Weekly inflation goes up by 1.71pc
ISLAMABAD: The weekly inflation for the week ended on June 13, for the combined income group witnessed an increase of 1.71 per cent as...
