UAE bank adds Pakistan to ‘remit in 60 seconds’ service
Emirates Islamic says that its 60 second online fund transfer service QuickRemit is now available for remittances to Pakistan
Emirates Islamic has announced...
Dollar rises for second day as U.S., Canada end talks with no deal
The greenback is on track to end the month of August on a positive note, up about 0.6 percent amid trade tensions
SBP injects Rs1,907 bn into money market
KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs1,907.250 billion into the money market for seven days as reverse repo...
Govt determined to develop CPEC to eradicate poverty: Khusro
ISLAMABAD: The government is determined to develop Cthe hina-Pakistan Economic Corridor (CPEC) to eradicate poverty, provide education to youth, and create job...
Indian rupee touches record low as Asia markets tumble
HONG KONG: Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear contagion...
IMC annual sales increase by 25pc with 64,000 units sold in FY2018
LAHORE:Â The Indus Motor Company (IMC) held its analyst briefing today to discuss its financial year 2018 result, key challenges, and outlook of...
Ford kills plan to sell Chinese-made vehicle in the US
DETROIT: Ford Motor Co has abruptly killed a plan to sell a Chinese-made small vehicle in the United States because of the...
HBL leads implementation of CPEC projects in Pakistan
HBL is the largest bank in Pakistan and has been at the forefront in the development of China Pakistan Economic Corridor (CPEC)....
Sindh Bank shareholders approve swap ratio, scheme of amalgamation
The shareholders of Sindh Bank approved the swap ratio of 1: 8.37 i.e. one share of Sindh Bank equals to 8.37 shares...
Country’s weekly inflation decreases by 0.63pc
According to data released by the Pakistan Bureau of Statistics, the Weekly SPI for the combined group decreased by 0.63 per cent...
Suraj Cotton Mills announces 11.8pc increase in yearly profits
Suraj Cotton Mills Limited reported an 11.8 per cent increase in annual profits due to 517 per cent rise in tax reversals.
In...
Apna Microfinance Bank’s net income increases by 39pc
Apna Microfinance Bank Limited conducted its Board of Directors meeting on 31 August, where the board reviewed the financial results.
Based on the...
India’s economic growth rises to 8.2 pc, highest in last 8 quarters
MUMBAI: India’s economy grew at a stunning 8.2 per cent in the first quarter of the 2018-19 financial year, official data showed Friday,...
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...
Market Daily: KSE-100 drops 121.28 points
LAHORE:Â Bears were in control of the Pakistan Stock Exchange (PSX) for the fourth consecutive session while the Finance Minister briefed the Prime...