Pakistani start-up Atoms secures $8.1m financing
Atoms, a Pakistani e-commerce brand and one of the trailblazers in the world of footwear, has raised $8.1 million from a list...
FBR to witness another month of alarming shortfall in revenue
ISLAMABAD: The Federal Board of Revenue (FBR) is going to witness another month of major shortfall, as the board only managed to...
KSA keen to enhance trade ties with Pakistan: envoy
ISLAMABAD: Ambassador of Saudi Arabia to Pakistan Nawaf Bin Said Al-Malki called on Energy Minister Omar Ayub Khan on Friday to discuss matters...
Pakistan unlikely to be placed in FATF blacklist, Hammad Azhar says
ISLAMABAD: Economic Affairs Minister Hammad Azhar informed media on Friday that the government is successfully maintaining the current account deficit (CoD), hoping that...
India growth slows to 5pc in fresh blow to Modi
MUMBAI: India's economic growth slowed for the fifth straight quarter in the April-to-June period to 5.0 per cent, government figures showed on Friday...
KSE-100 continues to bleed, sheds another 486 points
KARACHI: The stock market continued to bleed on Friday as the investors preferred to observe activities on the political and economic fronts. Indices...
‘IFC committed to uplifting Pakistan’s agriculture, service sectors’
ISLAMABAD: A delegation of the World Bank Group's International Finance Cooperation (IFC) called on Adviser to Prime Minister on Commerce Razak Dawood...
PIA urged to pursue independent, sustainable business plan
ISLAMABAD: Adviser to Prime Minister on Finance & Revenue Dr Abdul Hafeez Shaikh on Friday told the Pakistan International Airlines (PIA) management...
Govt decreases POL prices by up to Rs5.33 per litre
ISLAMABAD: Amid confusing statements by some cabinet members, it has been determined that the price of petrol has been slashed by Rs4.59,...
Rupee gains 6 paisas in interbank, closes at Rs157.22
ISLAMABAD: The exchange rate of dollar dropped by 06 paisas in interbank and traded at Rs 157.22 compared to last closing of...
Govt reviews impact of fiscal policies on economic growth
ISLAMABAD: The meeting of the Monetary and Fiscal Policies Coordination Board was held on Wednesday to review the impact of fiscal and...
Soneri Bank’s profit surges to Rs975m
Soneri Bank Limited on Wednesday approved the bank's condensed interim financial statements for the half-year ended 30 June 2019.
The bank posted a...
BankIslami posts Rs581m profit for half-year 2019
The BankIslami Pakistan Limited Board of Directors has approved the bank’s financial results for the half-year ended June 30, 2019.
During the period...
‘Rashakai SEZ to pave way for enhanced regional trade’
LAHORE: A two-member Chinese delegation from the Rashakai Special Economic Zone on Wednesday called on Lahore Chamber of Commerce & Industry (LCCI) Vice...
Govt approves payment of salaries to PSM, PMTF employees
ISLAMABAD: The Economic Coordination Committee (ECC) has approved proposals submitted by the Ministry of Industries and Production for payment of salaries to...