HBL to increase focus on digitisation; hopes to lower cost-income ratio
KARACHI:Â Habib Bank Ltd (HBL) on Tuesday gave an update on its recent financials and bank outlook in a corporate briefing to investors.
Leading...
IMC chief sees auto sector growth in next quarter
'Sales had suffered owing to govt's drive for documentation of industry'
Customs team confiscates pomegranates shipment worth millions
ISLAMABAD: AÂ Customs Intelligence team has confiscated a huge quantity of smuggled pomegranates at Torkham customs-station.
According to details, Customs Intelligence-Peshawar seized 14.11 metric...
Oil prices drop as trade war concerns haunt market
LONDON/SINGAPORE: Oil prices slipped for a second straight day on Tuesday as a slowing global demand outlook outweighed OPEC’s deal with associated...
Weekly inflation falls 0.83pc
ISLAMABAD:Â The Sensitive Price Indicator (SPI)-based weekly inflation for the combined consumption group (as on December 5) decreased by 0.83pc as compared to...
Car sales plunge 44pc in November
ISLAMABAD:Â The sale of cars in November 2019 plunged by 44.4pc to 8,524 units, as against the sale of 15,334 units in the...
KSE-100 rises 221 points in volatile session
KARACHI:Â The battle between bulls and bears continued for the second consecutive session on Tuesday, with the former managing to close on top.
Foreign...
NEPRA imposes Rs50m fine on KE over failure to maintain safety standards
A fine of Rs50 million has been imposed on Karachi Electric Limited (KE) after the National Electric Power Regulatory Authority (NEPRA) found...
PSX to implement Equity Index Circuit Breaker to avoid panic selling
LAHORE: Pakistan Stock Exchange (PSX) has announced plans to implement a circuit breaker from the start of next year to help avoid...
Pakistan, Qatar agree to enhance bilateral trade volume
Pakistan has offered to establish a plant in Qatar to manufacture footballs for FIFA World Cup 2022
Russia pledges to invest heavily in Pakistan’s defence, industrial projects
ISLAMABAD:Â Russia has signed a new trade deal with Pakistan, pledging to invest heavily in the country's industrial sector.
According to government officials, Russia...
Oil slips as weak China exports highlight trade war impact
LONDON:Â Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already...
Minister orders timely release of wheat to Sindh, KP
ISLAMABAD: A meeting regarding the distribution of wheat from Pakistan Agricultural Storage & Services Corporation (PASSCO) to flour mills of Sindh and...
IPO-Pakistan, publishers join hands to combat piracy
ISLAMABAD: Terming piracy a heinous crime against copyright, book publishers, authors and senior management of Intellectual Property Organization (IPO-Pakistan) on Monday pledged...
Pakistan, ADB sign $1.3bn loan agreementÂ
Pakistan on Monday signed an agreement with the Asian Development Bank (ADB) worth $1.3 billion for budgetary support and reforms.
Economic Affairs Division...