Finance Minister inaugurates Rs 40,000 premium prize bond

Finance Minister Ishaq Dar has inaugurated the premium prize bond worth Rs 40,000 with features of monthly profit and prize of Rs 80 million...

Airlink Communication CEO dies in Lahore Defence blast

Airlink Communication CEO Moazzam Paracha lost his life in today’s blast in Defence area of Lahore. Paracha was moved to a private hospital with...

NED Karachi alum Raghib Husain’s company acquired by Marvell for $6 billion

LAHORE: Another milestone of considerable magnitude has been achieved by Raghib Husain, a Pakistani-American co-founder of Cavium which was recently acquired by chip-maker Marvell in...

Economic Survey 2017-18: People living below poverty line plunge to 24.3pc

The fall in poverty shows more prominence in urban areas than rural areas, reported the Economic Survey 2018.

PM likely to sack entire economic squad

Finance Minister Asad Umar, FBR chairman, SBP governor expected to be sent packing Energy minister Omar Ayyub likely to head finance ministry Finance...

Mian Mansha brings Hyundai cars back to Pakistan

South Korean carmaker Hyundai Motor Co is expected to resume assembling of cars in Pakistan, according to a statement sent to PSX by Nishat...

Rupee regains Rs1.87 against greenback in inter-bank trading

But the bank officials firmly believed that SBP had intervened in the inter-bank market and the rupee’s recovery against the dollar was artificial and short-lived

Pakistan Army owns $20 billion stakes in fifty conglomerates claims Indian media report

LAHORE:  The Pakistan army exercises control over fifty conglomerates said to be worth $20 billion stretching from banks, industrial plants, universities, milk dairies, stud farms,...

Cement prices to go up by Rs50 per bag

LAHORE: Cement manufacturers nationwide have decided to jack up cement price by Rs50 per bag after the hike in fuel prices recently. Sources familiar...

Indus Motors cancels over 1300 bookings made by ‘investors’

LAHORE: Indus Motors Company Limited (IMC) on Monday issued a public notice in Pakistan Today after conducting a detailed examination of pending Provisional Booking Orders...

Dearth of economic experts in Finance Ministry irks PM

‘There is not a single ministry official who holds a PhD degree in the field of economics and finance’ ‘Secretaries have mostly been...

FIA unearths fake broker working with Zafar Moti and Adam Securities

KARACHI: The Corporate Crime Circle (CCC) of Federal Investigation Agency has unearthed a fake broker's (Wamiq Yousaf) fraud of Rs 51.365 million.Wamiq was using...

Descon CEO quits own company, becomes PM’s aide

LAHORE: Descon Engineering Limited's chairman, Abdul Razzaq Daud, today resigned from his own company to join the incoming government on the special request of...

United Motors launches ‘Bravo’, priced Rs850,000

Will the United's Bravo be the perfect replacement for the outgoing Mehran?

Mehreen Ahmed to helm major groups at Bank Alfalah

KARACHI: After Sima Kamil's appointment as Pakistan's first woman President of a big commercial bank earlier this year, today another female was given a...

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MoF to seek cabinet’s approval over appointment of NBP chief

ISLAMABAD: The Ministry of Finance (MoF) is considering approaching the federal cabinet over the appointment of Arif Usmani as National Bank of Pakistan (NBP)...