Market Daily: Steepest fall after 20 sessions; market sheds 700 points
LAHORE: Indices at Pakistan Stock Exchange (PSX) posted the steepest fall on Tuesday since May 14, 2018, as Monday’s 4 per cent rupee devaluation against US...
Dollar trading at Rs116 in open, Rs115.5 in interbank markets
KARACHI: The US dollar stands at Rs116 in the open market and at Rs115.50 in the interbank market, Forex Association President Malik Bosan said on Wednesday.
As...
FBR extends deadline to file tax returns
The Federal Board of Revenue (FBR) today announced the extended deadline to file tax returns by one month.
The returns can now be filed until September...
SBP’s foreign reserves decline by $101mn
The total liquid foreign reserves held by the country stood at $14,852.1 million on 5 October 2018.
Foreign reserves held by the State Bank of...
Budget 2018-19: Government presents Rs2043 billion total PSDP for FY 2018-19
The PSDP size including PPP mode financing has increased from Rs1,001 billion in 2017-18 to Rs1030 billion in year 2018-19 which shows an increase of 3 percent
Transporters’ strike to end soon as talks underway: Dawood
KARACHI: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Saturday that talks were underway with the protesting goods' transporters and that all...
APTMA sends budget proposals to finance minister
KARACHI: In its budget proposals, the All Pakistan Textile Mills Association (APTMA) has said that the availability of electricity at regionally competitive prices is of the utmost...
JS Global’s Pakistan Investment conference ends in US
KARACHI: JS Global Capital (JSGCL), Pakistan’s leading brokerage and investment banking firm, organised the third of its kind Pakistan Investment Conference 2018 from 25-27...
Global economy to expand by 3.1pc in 2018, slower growth seen ahead
ISLAMABAD: Despite the recent slowdown, global economic growth will remain robust at 3.1 per cent in 2018 before lagging gradually over the next two...
Foreign reserves dip down to $16.652 billion
The total liquid foreign reserves held by the country stand at $16,652.2 million as of May 18, 2018.
Market Daily: KSE-100 plunges 758 points pre-election
KSE-100 index continued to slide, as was the case on Friday. The bears dragged down the market by 758 points to 40,464 level (down 1.84 per cent) as pre-election jitters engulfed the market.
PM’s aide hails PSX for outperforming regional markets
ISLAMABAD: Advisor to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Monday appreciated the strong performance of the Pakistan Stock Exchange...
Over 24pc growth in gross revenue registered during Jul, Aug: FBR
ISLAMABAD
The Federal Board of Revenue (FBR) claims that over 24 per cent growth in collection of gross revenue has been registered in the first...
Rs577b foreign assets, Rs1,192b domestic assets filed under amnesty scheme: Finance ministry
Unprecedented response witnessed to the Amnesty Scheme, claims ministry
NIFT, Checkout.com aim to bring int’l payment methods to Pakistan
'Implementation of the project, MoU for which was signed last month, will enable both organisations provide payment services through each other's infrastructure'
