Market Daily: Equity market registers another day of gains, rising by 472 pts
LAHORE: For a change, market bulls stepped up their game in Wednesday’s session and took inspiration from a buoyant close yesterday to...
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...
SBP may object to making ‘Wealth Fund’ for privatising PSEs: economists
ISLAMABAD: While the finance minister-in-waiting Asad Umar has claimed that his government during its first 100 days, will create a ‘wealth fund’ to...
Stocks stage comeback as KSE-100 ends 435 points higher
KARACHI:Â After a rough start to the trading session on Wednesday, the Pakistan Stock Exchange (PSX) managed to stand its ground and closed...
Tussle intensifies between PIA management, finance department
LAHORE: Pakistan International Airlines (PIA) management and its finance department seem to be at loggerheads in the aftermath of a letter written...
Rupee second worst performing currency in the world
KARACHI: The Dollar today gained about 6.45 rupees in the interbank market as the interim government let the rupee slide deeper into...
FY21 budget: Hafeez Shaikh vows redressal of business community’s woes
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Friday said the government was actively resolving the...
SBP governor hints further devaluation of rupee
ISLAMABAD: As the experts have already expected a further decrease in the value of Pakistani currency against the dollar, the State Bank of...
ADB approves $50m additional contribution to expand CGIF’s operations
ISLAMABAD:Â The Asian Development Bank (ADB) has approved a $50 million additional capital contribution to support the guarantee operations of the Credit Guarantee...
Country’s current account deficit widens to $2.601bn for Jul, Aug
KARACHI
The balance of payment figures rang an alarming bell for the economists as the country’s current account deficit (CAD) widened almost double...
PIA, PSM in combined debt of over Rs275 billion
ISLAMABAD: Debt and liabilities owed by state-run organisations have soared sharply as these organisations owe about a quarter more now then they...
Asad Umar says will only take IMF’s money, not dictation
PTI govt has clear strategy to get Pakistan out of the begging-bowl syndrome - Asad Umar
Murad Ali Shah presents Sindh’s budget of Rs1.14 trillion
Sindh Chief Minister Murad Ali Shah on Wednesday presented the Sindh’s provincial budget for Q1FY1028-19 with a total outlay of Rs1.14 trillion.
PSX gains over 1,400 points in week despite protests
First time since April that all five sessions of the week closed in green
KARACHI:Â The Pakistan Stock Exchange (PSX) during the last...
PSX retracts intraday gains to close 318 points lower
KARACHI:Â The Pakistan Stock Exchange (PSX) started the trading session on a positive note, but retraced its intraday gains to close in the...