SBP raises Rs458.8bn from T-bill auction

KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs458.8 billion through T-bills, against the auction target of...

Broiler chicken prices on the rise

LAHORE: Due to the improper supply, the price of broiler chicken price here in the provincial capital has increased by Rs21 per Kg...

10,000 Pakistanis unemployed in UAE after coronavirus outbreak

ISLAMABAD: Pakistani consul general in Dubai said on Wednesday that around 10,000 Pakistanis have lost their jobs in the United Arab Emirates...

Stocks drift lower amid lack of triggers

Benchmark KSE-100 sheds 260 points to end below 31,000-mark

Oil rebounds as hopes grow for output cut deal

Oil prices rebounded Wednesday as traders jockey for position ahead of a key producers' meeting this week aimed at cutting output to...

DRAP bars unlicenced companies from making sanitisers

The Drugs Regulatory Authority of Pakistan has said that the manufacturers with valid drug manufacturing licence (DML) or valid enlistment certificates (Form-6)...

Govt set to take sugar cartels by the horns

–Firdous says CCP will be reformed to counter cartelisation in sugar industry, artificial food crisis –Says govt mulling sugar export after ‘bumper sugarcane...

PM constitutes committee as telcos demand tax cuts

ISLAMABAD: Prime Minister Imran Khan has constituted a high-level committee to facilitate the telecommunication sector, which wants a reduction in taxes to...

Gold price surges to Rs103,800 per tola

ISLAMABAD: The price of a tola of 24-karat gold rose by Rs2,500 on Tuesday to Rs103,800, as per the Karachi Sarafa Association....

MoF releases Rs10bn for Utility Stores Corporation

ISLAMABAD: The Ministry of Finance has released Rs10 billion for Utility Stores Corporation (USC) as part of the government scheme to protect...

Is there a silver lining to Pakistan’s external account situation?

International trade has come to a standstill owing to the outbreak of coronavirus and the subsequent lockdown measures taken worldwide to tackle...

Bullish trend prevails as KSE-100 recovers 652 points

KARACHI: Bulls of the Pakistan Stock Exchange (PSX) managed to recover some losses accumulated in the last session, with the benchmark KSE-100...
Oil refineries

G20 energy ministers to hold video conference on Friday

Energy ministers from the Group of 20 major economies will convene an extraordinary meeting by video conference on Friday “to ensure energy...

JDW shares nosedive after damning inquiry report

The share price of Jahangir Tareen’s JDW Sugar Mills Limited fell Rs21.05 on Monday after the prime minister’s inquiry committee, which was...

SBP extends refinance facility for hospitals, creates helpline

KARACHI: The State Bank of Pakistan has introduced further relaxations in the ‘Refinance Facility to Combat COVID-19’ hospital scheme, and started a...