Punjab government in midst of severe cash flow crisis
In accordance with directives of the interim Punjab chief minister, Rizvi sent a letter to the federal finance minister asking for disbursement of the withheld share of the province, which was also highlighted during a meeting in Islamabad
Dearth of economic experts in Finance Ministry irks PM
‘There is not a single ministry official who holds a PhD degree in the field of economics and finance’
‘Secretaries have mostly been...
Rs838.88mn collected for Bhasha, Mohmand dams fund: SBP
ISLAMABAD: The fund dedicated to the construction of Diamer Bhasha and Mohmand dams has so far received over Rs839.88 million from various individuals and...
Pakistan’s direct investment dips by 42pc in Q1
KARACHI: The direct investment in the country has declined by 42 per cent in the first quarter (Q1) (July-September) of the fiscal year 2018-19 and...
KSE-100 ends with 487-point gain amid low turnover
KARACHI: The Pakistan Stock Exchange (PSX) remained in the green zone throughout the session on Wednesday, with the indices registering decent gains despite thin...
One in five financial institutions consider cryptocurrency trading, survey says
LONDON: One in five financial institutions is considering trading cryptocurrencies within the next 12 months, a survey published by an international news agency on Tuesday...
Turkey central bank ready to take ‘all necessary measures’ for stability
ISTANBUL: Turkey’s central bank on Monday announced it was ready to take “all necessary measures” to ensure financial stability after the collapse of the...
Global financial stability risks rising with trade tensions, IMF says
In the report, the IMF said economic growth appears to have peaked in some major economies while the gap between advanced countries and emerging markets was widening.
KSE-100 gains 252 points amid volatile trading
ISLAMABAD: It was a short but eventful session at the Pakistan Stock Exchange (PSX) on Friday, as the indices swung in both directions before ending...
Pakistan’s circular debt surpasses Rs935 billion
ISLAMABAD: Pakistan’s circular debt volume has surpassed Rs935 billion during the PML-N led government since it came into power following 2013 general elections. Meanwhile,...
KSE-100 drops 534 points amid FATF confusions
KARACHI: The Pakistan Stock Exchange (PSX) was surrounded by dark clouds on the last trading session of the week, as investor sentiments were shaken...
PSX ends 191 points higher amid volatile trading
KARACHI: Another round of volatility continued at the Pakistan Stock Exchange (PSX) on Tuesday, as the indices that headed towards the south took a U-turn...
Market Daily: KSE 100 breaks 43,000 psychological barrier, gains 684.75 points
LAHORE: After two turbulent sessions at Pakistan Stock Exchange (PSX), just when it looked like things were going to fall apart, they actually fell...
ADB approves $200m loan for BISP
The Asian Development Bank (ADB) on Monday approved a $200 million loan as additional financing to support the Benazir Income Support Programme (BISP).
A press...
Organic Meat Company closes IPO book-building
Pakistan first IPO of 2020 oversubscribed 1.7 times
