SBP imposes Rs188m fine on four commercial banks
The State Bank of Pakistan (SBP) has imposed a cumulative fine worth Rs188 million on four commercial banks for violating its regulations...
SECP won’t let analysts ‘hurt’ market sentiment
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Wednesday observed that some capital market individuals were using the print, electronic...
‘Russia desires strong trade ties with Pakistan’
ISLAMABAD:Â Russian Federation Trade and Industry Minister Denis Manturov called on Prime Minister Imran Khan on Wednesday.
The minister briefed the PM on a...
BankIslami raises paid-up capital to Rs11bn
BankIslami Pakistan Limited has successfully completed its 6th rights issue of Rs1 billion recently to increase its total paid-up capital to Rs11...
PTA rebuffs rumours regarding closure of Telenor services
Pakistan Telecommunication Authority (PTA) has refuted the rumours circulating on social media regarding discontinuation of Telenor services in Pakistan.
"Any such news or...
Pakistan, Russia agree to realise bilateral trade potential
Hammad Azhar apprises Russian minister of Pakistan's successful implementation of IMF programme, prospects of Pakistani economy and huge trade potential between the two countries
KSE-100 sheds 133 points in range-bound session
KARACHI: Investors of the Pakistan Stock Exchange (PSX) endured another volatile session on Wednesday where indices ended negative after range-bound activity. Foreign...
Saudi Aramco shares to begin trading after world’s biggest IPO
RIYADH: Saudi Aramco's shares begin trading domestically on Wednesday after the energy behemoth raised $25.6 billion in the world's biggest initial public...
HBL to increase focus on digitisation; hopes to lower cost-income ratio
KARACHI:Â Habib Bank Ltd (HBL) on Tuesday gave an update on its recent financials and bank outlook in a corporate briefing to investors.
Leading...
IMC chief sees auto sector growth in next quarter
'Sales had suffered owing to govt's drive for documentation of industry'
Customs team confiscates pomegranates shipment worth millions
ISLAMABAD: AÂ Customs Intelligence team has confiscated a huge quantity of smuggled pomegranates at Torkham customs-station.
According to details, Customs Intelligence-Peshawar seized 14.11 metric...
Oil prices drop as trade war concerns haunt market
LONDON/SINGAPORE: Oil prices slipped for a second straight day on Tuesday as a slowing global demand outlook outweighed OPEC’s deal with associated...
Weekly inflation falls 0.83pc
ISLAMABAD:Â The Sensitive Price Indicator (SPI)-based weekly inflation for the combined consumption group (as on December 5) decreased by 0.83pc as compared to...
Car sales plunge 44pc in November
ISLAMABAD:Â The sale of cars in November 2019 plunged by 44.4pc to 8,524 units, as against the sale of 15,334 units in the...
KSE-100 rises 221 points in volatile session
KARACHI:Â The battle between bulls and bears continued for the second consecutive session on Tuesday, with the former managing to close on top.
Foreign...