PM orders curtailment of bureaucratic red-tapeism
Prime Minister Imran Khan on Wednesday ordered cutting down bureaucratic red-tapeism that hinders economic growth.
As reported by a private media outlet, the...
KSE-100 manages to close in green amid volatility
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) came out victorious after a tough battle with bears on Wednesday.
The indices started off...
China’s central bank to issue own cryptocurrency in Nov
BEIJING: China plans to issue its own cryptocurrency as early as Nov 11, the country’s busiest shopping day for online sales, US financial...
Silkbank declares operating profit of Rs858m
The Silkbank Limited Board of Directors has declared an operating profit of Rs858 million for the half-year ended June 30, 2019.
Net interest...
‘Technology adoption imperative to meet modern-day challenges’
ISLAMABAD: Science & Technology Minister Fawad Chaudhry said on Wednesday that the country needs to adopt latest technologies in order to meet modern-day...
Cheetay appoints new CEO, founder claims will become Pakistan’s first unicorn
LAHORE: Lahore native Majid Khan, a graduate of Stanford University, has been appointed as the chief executive officer of Cheetay Logistics.
Majid Khan...
Urea offtake dips 6pc in July
Urea offtake for the industry in July clocked in at 465,000 tonnes, down 6pc on a yearly basis.
The decline in offtake is...
Govt striving hard to make PIA profitable: PM
Prime Minister Imran Khan on Tuesday said that Pakistan Tehreek-e-Insaf (PTI) government was striving hard to turn Pakistan International Airlines (PIA) into...
Dutch giant Royal Vopak to invest $2.8bn in Pakistan
ISLAMABAD: A delegation of Royal Vopak, a leading Dutch company that stores and handles various oil, chemicals, edible oils and natural gas-related products...
Indian economy set for weakest quarter of growth in five years
The Indian economy likely expanded at its slowest pace in more than five years in the April-June quarter, driven by weak investment...
Govt posts record budget deficit of Rs3.45tr
Deficit in PTI govt's first year was worse than the last years of PPP and PML-N govts
Debt servicing and defence...
India’s Maruti Suzuki cuts 3,000 contract jobs
NEW DELHI: Maruti Suzuki India Ltd Chairman RC Bhargava said on Tuesday the company had not renewed the contracts of 3,000 temporary employees,...
Hi-Tech Lubricants wins big at Corporate Report Awards 2018
Hi-Tech Lubricants (HTL) has been declared the runner-up (2nd place) at this year's Best Corporate Report Awards 2017-18 in the 'Fuel &...
Indus Motor’s profit drops 13pc in FY19
The Board of Directors of Indus Motor Company (IMC) met on Tuesday to review the company's financial and operating performance for the...
KSE-100 recovers to close 64 points higher
KARACHI: After bleeding for most part of the day, the Pakistan Stock Exchange (PSX) managed to stand its ground and ended the session...