Health minister requests finance ministry to withdraw 3rd slab of FED on cigarettes

ISLAMABAD: In what could be dubbed as a much need-move, the Federal Minister for National Health Services Aamer Mehmood Kiani has recommended...

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...

Market unshaken despite external woes, gains 13pc QoQ

LAHORE: Despite depleting foreign exchange reserves, Pakistan equities continued its positive trajectory for third consecutive week, gaining 530 points (+1.2 per cent)...

Stocks finish flat amid volatility

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a jittery session on Wednesday, as the indices that opened positively declined by midday...

PSX sheds 403 points amid low turnover

Market participation decreased by 33pc, from 54.20m shares in the previous session to 36.49m shares KARACHI: The Pakistan Stock Exchange (PSX) witnessed a...

Market Daily: Waning investor confidence leads to PSX losing 411.62 points

LAHORE: The final day of the week saw investors opting out of the market. Indices added on to the losses as the...

QASPL to be privatised despite NAB’s inquiry into alleged corruption

ISLAMABAD: The government of Punjab is still proceeding aggressively to privatise Quaid-e-Azam Solar Power Ltd. (QASPL) despite the institution being under investigation by...

Pakistan suggests ADB strengthen its resident mission

“The ADB may also further strengthen its capacity to support social sector, help expand private sector, operations including Public-Private-Partnerships (PPPs), enabling development member countries to address these challenges,” Economic Affairs Division Secretary Syed Ghazanfar Abbas Jilani said

NICL officials to visit Dubai to chalk out properties’ fate

ISLAMABAD: After getting the green signal from the management at Liberty House, DIFC, Dubai, the head of National Insurance Company Limited (NICL)...

PM Abbasi chairs EAC meeting, seeks measures to boost economy

ISLAMABAD: The newly constituted Economic Advisory Council (EAC) met here on Thursday. Prime Minister Shahid Khaqan Abbasi chaired the meeting. In his opening remarks, the...

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...

Shell profit edges higher to $6bn in first quarter

LONDON: Energy giant Royal Dutch Shell on Thursday said net profit edged higher to $6 billion in the first quarter, with the advance...

Market Daily: PSX off to a positive start as market gains 157 points

LAHORE: The Pakistan Stock Exchange (PSX) started the week on a positive note. The indices moved uphill from the word go and...

SECP holds awareness session on AML/CFT obligations

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) under its outreach program organised an awareness session on Anti-Money Laundering/ Countering Financing...

Market Daily: Bears roar as PSX starts week in red

LAHORE: It wasn’t an ideal start to the week, but investors didn’t look surprised. Long hanging uncertainty over the country’s economic situation has...