Trade deficit contracts 33pc to 9.7bn

Pakistan's trade deficit contracted 33pc to $9.7 billion in first five months of the current fiscal year (FY20) on the back of...

SECP issues ‘Regulatory Sandbox Guidelines’ to facilitate startups

ISLAMABAD: In order to promote innovation in the financial sector and to encourage startups, the Securities and Exchange Commission of Pakistan (SECP) has...

ECC approves Rs459.5m technical grant to combat locusts

ISLAMABAD: As the desert locusts have become a threat to the country's agricultural sector, the Economic Coordination Committee (ECC) on Thursday approved...

FBR officers deployed at sugar mills to curb tax evasion

ISLAMABAD: The Federal Board of Revenue (FBR) has deployed its officers at 20 sugar mills to monitor the commodity's production, sales and...

KSE-100 falls flat after range-bound session

KARACHI: Continuing with the trend from the previous session, the Pakistan Stock Exchange (PSX) ended a range-bound session flat on Thursday. Foreign investors...

JS Global submits PAI to acquire up to 45.03pc shares of Next Capital

JS Global Capital Limited, on behalf of its clients or acquirers, has submitted a Public Announcement of Intention (PAI) to acquire up...

Tenfold rise in onion prices leaves Indians teary-eyed

MUMBAI: As onion prices in India have soared tenfold this year, Mukesh Thoke, a restaurant owner on the outskirts of Mumbai, faces...

SBP imposes Rs188m fine on four commercial banks

The State Bank of Pakistan (SBP) has imposed a cumulative fine worth Rs188 million on four commercial banks for violating its regulations...

SECP won’t let analysts ‘hurt’ market sentiment

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Wednesday observed that some capital market individuals were using the print, electronic...

‘Russia desires strong trade ties with Pakistan’

ISLAMABAD: Russian Federation Trade and Industry Minister Denis Manturov called on Prime Minister Imran Khan on Wednesday. The minister briefed the PM on a...

BankIslami raises paid-up capital to Rs11bn

BankIslami Pakistan Limited has successfully completed its 6th rights issue of Rs1 billion recently to increase its total paid-up capital to Rs11...

PTA rebuffs rumours regarding closure of Telenor services

Pakistan Telecommunication Authority (PTA) has refuted the rumours circulating on social media regarding discontinuation of Telenor services in Pakistan. "Any such news or...

Pakistan, Russia agree to realise bilateral trade potential

Hammad Azhar apprises Russian minister of Pakistan's successful implementation of IMF programme, prospects of Pakistani economy and huge trade potential between the two countries

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...

Saudi Aramco shares to begin trading after world’s biggest IPO

RIYADH: Saudi Aramco's shares begin trading domestically on Wednesday after the energy behemoth raised $25.6 billion in the world's biggest initial public...