Asad Umar says depleting foreign reserves most pressing economic problem
Finance minister denies reports of change in currency notes
SECP intensifies efforts against terror financing
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has intensified its efforts to combat terror financing and money laundering. On the...
PSX recovers losses to close in green
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) endured a volatile session on the first trading day of the week, as indices that...
Centre, provinces to create body to resolve multiple taxation issues
ISLAMABAD: As Pakistan is yet to move forward on easing taxes for businesses- one of the major hurdles impeding the country’s position...
200bps decrease in policy rate provides govt Rs1tr cushion: Pasha
Former finance minister and eminent economic expert Hafeez Pasha on Thursday said the reduction of 200 basis points by the State Bank...
Market Daily: Bears dominate end of week as PSX loses 129.60 points
LAHORE: Pakistan Stock Exchange (PSX) managed to end the week in red as bears dominated the session on Friday.
As per reports of...
World Bank approves $160b emergency aid to fight Covid-19Â
The World Bank has approved 160 billion dollar emergency aid over 15 months to help countries deal with the impact of the...
Indus Motor’s profit plunges 63pc in FY20
INDU's after-tax profit falls from Rs13.71bn in FY19 to Rs5.08bn in FY20Â
Soneri Bank to raise Rs4 billion TFCs to bolster capital requirements
LAHORE: A stock market notification sent to the bourse Friday by Soneri Bank disclosed that it was going to raise Rs4 billion...
SECP to adopt 7 new Islamic finance standards
ISLAMABAD: Pakistan’s capital market regulator will introduce seven new standards covering a variety of Islamic finance transactions, as it fast-tracks the adoption...
Haroon asks opposition not to politicise budget
ISLAMABAD: Brushing aside the opposition's demand for clamping economic emergency, Special Assistant to the Prime Minister on Revenue Haroon Akhtar Monday called...
SECP notifies FATF compliant AML, CFT regulations
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) notified the Anti Money Laundering and Countering Financing of Terrorism Regulations, 2018. The...
Fatima Fertilizer’s gross profits jump 68pc amid decreasing cost of sales
Despite a 2 per cent reduction in Fatima Fertilizer Company’s sales, its bottom line rose up significantly, due to decreased cost of...
NAB asks FBR for assistance in investigation against declining revenues from tobacco sector
ISLAMABAD: The National Accountability Bureau (NAB) has asked the Federal Board of Revenue (FBR) to appoint a focal person for assistance in...
PSX plunges 469 points ahead of Eid
KARACHI:Â The Pakistan Stock Exchange (PSX) ended the only trading session of the week in the red, as indices kept shedding gains right...