Stocks plunge 1,000 points on economic concerns

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a lacklustre start to the week, with the benchmark KSE-100 Index shedding over 1,100 points...

Bears pull PSX down 493 points

The Pakistan Stock Exchange (PSX) on Monday saw bears rule the bourse as the benchmark KSE-100 shares index shed 493 points and...

Asian markets down as oil rallies on output cuts deal

Asia markets fell Monday with investors cautious on news of an international deal to shore up oil prices and tentative signs of...

Data of 115m Pakistani mobile users put up for sale on dark web

A Pakistani cybersecurity company has come across a data dump containing information of 115 million Pakistani mobile phone users currently up for...

Govt committed to safeguarding businesses during pandemic: Shehzad Akbar

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Accountability and Interior Shehzad Akbar on Saturday while lauding the business community’s role in philanthropic...

Remittances rise 3.8pc to $1.8bn in March

KARACHI: Overseas Pakistani workers remitted $1,894.4 million in March 2020, a rise of 3.8pc or $69.4 million, when compared with $1,825.0 million...

Cellular companies seek permission to launch 3G/4G in AJK, GB without auction

ISLAMABAD: As the auction process of 3G/4G internet services in Gilgit-Baltistan (GB) and Azad Jammu Kashmir (AJK) has been in limbo for...

Govt to allow opening of industrial units with confirmed export orders

ISLAMABAD: The government has decided to allow the opening of industrial units with confirmed export orders, sources revealed on Friday. According to details,...

Weekly inflation falls 0.44pc

Inflation drops to 8.2pc following a decline in food prices

Stocks gain 195 points in volatile session

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile session on Friday, with the benchmark KSE-100 Index making a swift recovery after...

Rate of inflation for essential items falls: Asad Umer

Federal Minister for Planning and Development Asad Umar has said the rate of inflation for essential products has fallen to less than...

Gold hits 1-month peak fuelled by Fed’s new stimulus measures

“Gold's rallying because this monetary largesse will eventually have to be repaid and that payment may come as sudden higher inflation somewhere...
Oil refineries

Oil prices fall sharply as top producers hold key talks

Oil prices fell sharply Friday as top producers attempted to finalise a crucial agreement on output cuts in a bid to counter...

Asian markets mixed after Fed stimulus boosts Wall Street

The Asian markets were mixed in morning trade on Friday after the latest US coronavirus stimulus measures boosted Wall Street overnight. In its...

FBR proposes ‘electronic fiscal devices’ for integrated enterprises

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed the installation of electronic fiscal devices for integrated enterprises. The tax department on Thursday...