China says plots to disrupt ties with Pakistan will fail

BEIJING: Any plots to sow discord in China’s ties with Pakistan will not prevail, the Chinese government’s top diplomat said on Tuesday,...

Dollar stays firm on U.S.-China trade war worries

The dollar index, which measures the greenback against a basket of six other currencies, hit a fresh two-week high of 95.211

Bull run continues at PSX, index ends 977 points higher

KARACHI: Bulls of the Pakistan Stock Exchange (PSX) were once again successful in conquering the market, as the indices continued on the upward...

Market daily: stocks bleed amid low investor confidence

LAHORE Wednesday also failed to change fortunes for investors at the Pakistan Stock Exchange (PSX). Market participation as per recent trend was low and...

ADB organises workshops to promote Pak trade, exports

ISLAMABAD: The Asian Development Bank (ADB) convened consultation workshops on “The CAREC Integrated Trade Agenda 2030 and Special Economic Zones Development” here to promote...

Economic woes push country to rely on collections from undeclared wealth

ISLAMABAD: The Federal Cabinet has approved a month's extension to the deadline for declaring domestic income and foreign assets. The Tax Amnesty Scheme,...

KSE-100 closes 125 points higher amid volatile trading

KARACHI: Investors of the Pakistan Stock Exchange (PSX) endured a volatile trading session on Monday, as the indices kept oscillating in both directions...

Bank Alfalah posts impressive half-year results, with profit before tax at Rs10.008 billion

KARACHI: The Board of Directors of Bank Alfalah in their meeting held in Abu Dhabi on 26 August 2018, approved the Bank’s unaudited...

Indian govt brushes off tax officers’ proposal for coronavirus tax on super rich

MUMBAI: A group of Indian Revenue Service officers have recommended taxing the super rich, and foreign companies, to help pay for the...

WB sees ‘huge willingness’ to suspend debt payments for poorest countries

WASHINGTON: The World Bank is seeing “a huge willingness” on the part of official bilateral creditors to suspend debt payments by the...
Ministry of Finance

Govt borrowed Rs4.11tr to finance budget deficit, clarifies ministry

ISLAMABAD: Challenging the media reports of Rs11.61 million borrowings, the federal government clarified on Sunday that it had borrowed only Rs4.11 trillion...

Pakistani money in Swiss banks down, yet still above Indian funds, claims Indian media

KARACHI: Money kept by Pakistani citizens in Swiss banks fell by over 21 per cent to a record low of CHF 1.115...

Budget is being prepared to trap next government in financial difficulties: experts 

ISLAMABAD: As the government is likely to announce increased PSDP, salaries, subsidies and other incentives in the next budget despite the double...

SECP amends PSX regulations governing offices/branch offices of brokers

ISLAMABAD:  The Securities and Exchange Commission of Pakistan (SECP) in the meeting chaired by the SECP chairman has accorded its approval for crucial...

Market Daily: Third day of recovery as KSE‐100 index adds 278 points

LAHORE: Recovery phase of the Pakistan Stock Exchange entered its third day on Thursday. Market bulls managed to maintain their control over...