ECC again defers hike in gas prices
--Committee waives off Rs194m port dues of Turkish company Karkey as part of an already agreed settlement
--SBP directed to sell its shares...
Bank AL Habib declares Rs11.17bn profit after tax
The Board of Directors of Bank AL Habib Limited (the Bank) has announced the financial results for the year ended December 31,...
China first-quarter growth may dip below 5pc as virus spreads
BEIJING: China’s economic growth may drop to 5pc or even lower due to the coronavirus outbreak, possibly pushing policymakers into introducing more stimulus...
Turkmenistan agrees to revisit TAPI gas price
ISLAMABAD:Â Turkmenistan has expressed its willingness to revisit the gas price of Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline Project and the Pakistani government has constituted...
TDAP to participate in Argentina textile fair
ISLAMABAD: The Trade Development Authority of Pakistan (TDAP) is all set to participate in a textile fair scheduled to be held in...
Bearish spell continues as KSE-100 sheds 400 points
KARACHI: After a positive start to the trading session, the Pakistan Stock Exchange (PSX) once again fell under the radar of bears,...
PM blames profiteers, hoarders for rising inflation
Imran says will take stern action against persons responsible for wheat, sugar shortage ‘irrespective of political affiliations’
Senate body approves Geographical Indications Bill after 18 years
GI law to protect commercial heritage of goods produced in country
Careem to launch intercity bus service
KARACHI: It appears that reports about Careem’s much-expected bus service had either been misconstrued or the company had a change of heart recently...
Textile exporters seek PM’s intervention in power tariff controversyÂ
APTMA official says 13 cents per kWh electricity cost will lead to closure of several units
IMF sees medium-term risks to global economy
WASHINGTON: The International Monetary Fund (IMF) on Tuesday urged policymakers to keep a close eye on financial vulnerabilities such as rising debt...
Interest rate remains unchanged amid inflation
–Central bank terms latest increase in inflation as ‘transitory’ in nature
–SBP says projection for real GDP growth for FY20 likely to be...
SECP initiates public consultation on proposed broker regime
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has initiated public consultation on the proposed new broker regime, which primarily aims...
Bearish trend prevails as KSE-100 sheds 240 points
KARACHI: It was a tough day for investors at the Pakistan Stock Exchange, as they saw the indices crumble once again on...
World stock markets, oil tumble over fear of China virusÂ
LONDON/NEW YORK: Global stock markets and oil prices plunged as panicked investors bolted into safer assets such as gold after China warned...