FPCCIÂ urges FBR to reduce tax rates to utilise competitive edge of indigenous products
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed to the Federal Board of Revenue (FBR) to reduce...
Low investor confidence: KSE-100 falls to 43,000pts level
Red overshadows THE Trade Screen
LAHORE
The Pakistan Stock Exchange (PSX) resumed trading after the long weekend with weak sentiments. Low investor confidence was...
Punjab govt spent hefty amount for increasing yields: DC
SIALKOT: Sialkot Deputy Commissioner Dr Farrukh Naveed said on Wednesday the Punjab government had spent billions of rupees under various schemes to...
India’s Cosmos Bank loses $13.5mn in cyber attack
MUMBAI: Cybercriminals hacked the systems of India’s Cosmos Bank and syphoned off nearly Rs944 million ($13.5 million) through simultaneous withdrawals across 28...
Chinese investments in OBOR energy projects fell 28 percent in 2017: Report
LAHORE: Data outed by Boston University’s Global Development Policy Center revealed Chinese investments in One Belt, One Road (OBOR) energy projects fell...
More and more borrowers benefitting from relief package: SBP
The State Bank of Pakistan has said that more and more borrowers are benefiting from its relief package to extend loan principal...
Finance, climate change ministers, highlight causes and impact of urbanisation
ISLAMABAD: In the launching ceremony of the State of Pakistani Cities report under the agenda of 'Role of Cities in National Economic...
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...
SBP’s reserves decrease by $293mn
The total liquid foreign reserves held by the country stood at $15,521.5 million as on 9 September 2018.
Foreign reserves held by the...
SECP, ADB hold workshop on financial market development
ISLAMABAD:Â The Securities and Exchange Commission of Pakistan (SECP) and Asian Development Bank (ADB) jointly organised a stakeholder workshop on Financial Market Development...
Toyota to pour $500 million in driverless cars with Uber for 2021 rollout
Toyota will pump about $500 million into Uber as part of a deal to work together on mass-producing self-driving vehicles, the Japanese...
Market Daily: KSE 100 gains 88.58 points to start the week
LAHORE:Â The Pakistan Stock Exchange (PSX) had a lazy start to the week. Despite timely Senate election; Pakistan stocks closed flat on the...
Pakistan has become a country of opportunity for German investors: Envoy
ISLAMABAD: Special Assistant to the Prime Minister on Revenue, Federal Minister and Senator, Haroon Akhtar Khan has said the resolve and sacrifices...
KSE-100 closes in green amid volatile activity
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Tuesday, with the indices swinging wildly in both directions before...
Market Daily: KSE 100 index down 154.79pts, settles at 46,331.71
LAHORE: After meandering through the red during most part of yesterday’s session the 100 Index closed down 154.79 points (-0.33 per cent)...