KSE-100 loses 121 points in volatile session
KARACHI:Â Bears continued to dominate the Pakistan Stock Exchange (PSX) on Tuesday, as the indices, which started the day on a positive note,...
Dr Fakhara Rizwan joins PSX as company secretary
KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday appointed Dr Fakhara Rizwan as the new company secretary.
In an official notice issued on...
SolDrive joins hands with Moawin to provide sustainable energy solution
SolDrive will help convert existing air-conditioners into inverter ACs, improving energy efficiency
‘Pakistan has no mechanism to check safety, standard of vehicles’
ISLAMABAD: A parliamentary committee, which wanted an update on the safety measures in locally manufactured/assembled vehicles, was surprised to know that there...
Wheat crisis: How to create a commodity shortage
As the nation reels from a shortage of basic commodities such as wheat flour, the graphic displayed above shows as to how...
Flour crisis: Govt approves duty-free import of 0.3m tonnes of wheat
–ECC allows wheat to be imported till March 31; first shipment to arrive by Feb 15
–Sindh govt to buy 0.4m tonnes of...
IMF cuts global growth forecasts as India falters, says bottom may be near
WASHINGTON: The International Monetary Fund on Monday trimmed back its 2020 global growth forecasts due to sharper-than-expected slowdowns in India and other...
Punjab govt to cultivate sunflower across 210,000 acres this yearÂ
Govt introduces 'Rs5,000 subsidy’ and 'per-acre yield competition' for sunflower growers so as to decrease dependence on edible oil importsÂ
Textile industrialists get stay order on new power bills
LAHORE: Owners of textile export industries have managed to get the court's stay order on new power bills being prepared under new...
Bears dominate as KSE-100 drops 420 points
KARACHI:Â Pakistan Stock Exchange (PSX) witnessed a negative start to the trading week, as the indices remained in the red zone for almost...
PSX all set to introduce market halt, circuit breakers widening
KARACHI: The Pakistan Stock Exchange (PSE) is all set to introduce both the widening of circuit breakers and a market halt from...
Foreign investment in T-bills touches record $2.2 billion
KARACHI: Pakistan received a record flow of foreign investment of $2.225 billion in treasury bills during the first seven months of current...
PSX may suspend trading in HWQS shares
The sugar manufacturer was already placed on defaulters' list since 11th Nov 2019
‘Digital economy’: FBR reduces sales tax on imported mobile phones
ISLAMABAD: The tax department has reduced sales tax on imported mobile phones from Rs1,320 to Rs200 per set.
According to documents available with...
Rouble soars, stocks hit record highs after Russia gets new PM
MOSCOW: The rouble soared on Friday, at one point gaining more than 0.5% versus the dollar on the day, and Russia's MOEX...