KSE-100 takes yet another dip

LAHORE The Pakistan Stock Exchange on Thursday remained volatile in the absence of any positive trigger. Investors who bought textiles, E&P’s and power scripts...

Rupee depreciation result of miscommunication: Dar

ISLAMABAD: Finance Minister Ishaq Dar while addressing the media, has stated that the sudden surge in US dollar vaule was due to...

Panic prevails in forex market as rupee plunges 3.2 pc against dollar

The rupee plunged as much as 3.2 pc in value against the US dollar on Wednesday causing a panic situation in the...

Tax exemption on IT exports to fuel growth

ISLAMABAD:  The federal government has allowed tax exemption on exports of information technology (IT) products and services till June 2019 in federal...

Govt fails to achieve fiscal deficit target

ISLAMABAD The government has failed to achieve the fiscal deficit target for the last fiscal year 2016-17 (FY17), which has increased from the...

Berlin Petroleum launches operations in Pakistan

LAHORE Berlin Petroleum (Private) Ltd. is excited to launch their products in Pakistan for the first time, it was learned here. Berlin is the...

NEA of China discusses energy projects with petroleum minister

ISLAMABAD The Administrator of National Energy Administration (NEA) Nur Bekri, along with his delegation visited the ministry of petroleum & natural resources Wednesday,...

Turkey to share furniture manufacturing technology with Pakistan

KARACHI Turkey will share latest technology with Pakistan Furniture Council (PFC) to help furniture manufacturers in producing world class modern design furniture to...

Investable funds shifting to unproductive sectors: PBIF

KARACHI Pakistan Businessmen and Intellectuals Forum (PBIF) President Zahid Hussain on Wednesday said laws governing economy have continued to prefer trade over the...

Admore continues its upward growth trend

KARACHI Admore Gas (Private) Limited has executed a massive turnaround since last year, following comprehensive multi-tiered plans devised by its new management, which...

Local cement prices surge by Rs15-20/bag in northern areas

KARACHI The manufacturers in the northern areas of Pakistan have increased cement prices by Rs 15-20 per bag as a result of the...

FPCCI president leaves for Tajikistan alongside PM

KARACHI Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Zubair F Tufail has left for Tajikistan today along with Prime Minister...

Dar takes notice of spike in value of USD versus PKR

ISLAMABAD The Finance Minister, Senator Mohammad Ishaq Dar, during an emergency meeting of the officials of finance division, has taken notice and expressed...

Interbank rates increased as USD reaches Rs108.30

KARACHI Removing the cap on the interbank rates, the State Bank of Pakistan (SBP) on Wednesday devalued Pak rupee by Rs 3.43 against...

PSX closed near-flat as early triggers by rupee depreciation waned

LAHORE The Pakistan Stock Exchange (PSX) on Wednesday witnessed an awry investor confidence which dwindled as the day progressed. The benchmark KSE-100 index...

Popular News

FBR proposes up to Rs40,000 tax for shopkeepers

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a maximum Rs40,000 fixed tax for shopkeepers, Pakistan Today has learnt. As per the documents, the tax...

Latest News

KSE-100 sheds 133 points in range-bound session

KARACHI: Investors of the Pakistan Stock Exchange (PSX) endured another volatile session on Wednesday where indices ended negative after range-bound activity. Foreign investors offloaded...