Oil steadies but coronavirus and supply pressures remain
LONDON: Oil prices steadied on Tuesday but remained under pressure from the threat to demand from a global resurgence in coronavirus cases...
Stocks accumulate 616 points on positive sentiments
KARACHI: The Pakistan Stock Exchange (PSX) extended its rally on Tuesday, underpinned by investors’ optimism amid ongoing earnings season.
Global equity markets, on...
Provinces agree to accelerate wheat release from official stocks
ISLAMABAD: Provincial governments on Tuesday expressed firm commitment to accelerate the release of wheat from their official stocks in order to maintain...
LCCI demands early compensation for Hafeez Centre inferno affectees
LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) on Monday gave an SOS call to the government for early compensation to...
Stocks manage modest gains despite political noise
KARACHI:Â The Pakistan Stock Exchange (PSX) commenced the week on a positive note, as indices traded in green for the most part of...
Gold imports plunge 73pc in Q1FY21
ISLAMABAD: The import of gold into the country witnessed a decline of 73.04pc during the first quarter (Q1) of the current fiscal...
Punjab govt sets sugarcane price at Rs200 per maund
LAHORE:Â The Punjab government has fixed the minimum price for 40kg sugarcane at Rs200 as the cane crushing season is about to begin...
Late buying helps index close in green
'PSX felt the pressure of political uncertainty at the start, but announcement of HBL's financial results and late buying in cement sector kept the index positive'
FBR unearths tax evasion cases in Multan, Hyderabad
ISLAMABAD: The Federal board of Revenue's (FBR) directorates of intelligence & investigation in Hyderabad and Multan have unearthed three tax evasion cases...
SBP reserves drop $356m to $11.79bn
The foreign exchange reserves held by the central bank declined 2.9pc on a weekly basis, according to data released by the State...
PM for making NOCs’ issuance to construction industry easy, transparent
ISLAMABAD: Prime Minister Imran Khan has directed the authorities concerned to make the process of issuance of no-objection certificate (NOC) in the...
PKR steadily regaining lost ground against dollar, trades at five-month high
The Pakistani Rupee is steadily gaining value, attaining its five-month high against the US Dollar on Thursday.
During the day, the rupee strengthened...
ECC approves import of 340,000MT wheat
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday granted approval for the import of 340,000 metric tonnes of wheat.
Adviser...
Stocks drop 75 points in volatile trade
KARACHI: The Pakistan Stock Exchange (PSX) witnessed another round of volatile activity on Thursday, with the indices swaying both ways in search...
Tractor production up 17pc in three months
ISLAMABAD: The production of farm tractors in the country increased by 17.16pc to 11,235 units in the first three months (July-September) of...