Money supply went up 0.83 percent year-on-year: SBP
KARACHI: State Bank of Pakistan on Friday released data which disclosed money supply went up 0.83 percent year-on-year during July-January of FY...
Inquiry against misuse of powers by officers and a member of PTA
ISLAMABAD: A Senate panel has directed the Special Secretary, Cabinet Division to conduct a thorough inquiry into the use of Chairman PTA‘s...
State Minister stresses expediting LPG-Air Mix Plants in Balochistan
KARACHI: The Minister of State for Petroleum Division, Jam Kamal Khan has stressed the need to expedite work on LPG-Air Mix plants...
Unabated increase in cement prices to wreak havoc on middle-class: Fayyaz Ilyas
KARACHI: Association of Builders and Developers (ABAD) Senior Vice Chairman Fayyaz Ilyas said that cement is the most important input in the...
Ahmed Shuja Kidwai to replace Shafqaat Ahmed as CEO, Al Baraka Bank
MANAMA: Ahmed Shuja Kidwai has been appointed as the new CEO of Al Baraka Bank (Pakistan) after the board of directors of...
SECP drafts governance rules to cover Sharia-compliant companies & securities
KARACHI: Pakistan’s capital market regulator has drafted governance rules that cover sharia-compliant companies and securities, the latest government initiative aimed at developing...
Asia feels the wrath, as Trump plans imposing hefty tariffs on steel & aluminum
SEOUL/SYDNEY: U.S. President Donald Trump’s planned tariffs on steel and aluminum will distort global trade and cost jobs, Australia’s trade minister said...
Circular debt breaks all barriers, touches record Rs922 billion
ISLAMABAD: The nightmare of Pakistan’s energy circular debt continues its upward surge, as it broke all records to touch Rs922 billion by...
Oil prices inch up from two-week lows
TOKYO: U.S. oil prices edged up on Friday, snapping three days of declines, but gains were limited as Asian share markets extended...
Stringent fines expected if coal power projects not completed on time
LAHORE: Any prolonged delays in coal-fired power projects being established in Sindh, would be penalized heavily said the government as it would...
Yuan holds immense potential for settlement of cross-border trade deals: SCB
KARACHI: There is loads of potential for the utilization of yuan for settlement of cross-border trade deals between Pakistan and China, said...
SBP presents draft law to parliamentary panel for curbing money laundering
ISLAMABAD: To rein in money laundering, State Bank of Pakistan has suggested a legal amendment which would permit law-enforcing agencies to question...
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....
Zong employees spend day volunteering at the Autism Research Centre
ISLAMABAD: Under the umbrella of its Employee Volunteer Program, ‘A New Hope’, Zong’s volunteers visited children with Autism Spectrum Disorder (ASD) in...
Market Daily: KSE 100 continues to rally for third session, gains 271 points
LAHORE: Bulls of the Pakistan Stock Exchange (PSX) showed strength on Thursday as the cement sector advanced. The star sector since the...