KSE-100 gains 402 points as bourse turns bullish
KARACHI: Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Friday, as the indices remained positive throughout the session, helping the...
SBP reserves rise $120m to $9.23bn
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 1.32pc on a weekly basis, according to data released...
India’s November retail inflation jumps to 40-month high
NEW DELHI: India's retail price inflation in November jumped to a 40-month high on higher food prices, reducing the likelihood of the...
Saudi Aramco hits Crown Prince’s $2tr goal
Aramco's IPO is the centrepiece of Saudi crown prince's vision for diversifying the kingdom away from its oil dependence
Trade deficit contracts 33pc to 9.7bn
Pakistan's trade deficit contracted 33pc to $9.7 billion in first five months of the current fiscal year (FY20) on the back of...
SECP issues ‘Regulatory Sandbox Guidelines’ to facilitate startups
ISLAMABAD:Â In order to promote innovation in the financial sector and to encourage startups, the Securities and Exchange Commission of Pakistan (SECP) has...
ECC approves Rs459.5m technical grant to combat locusts
ISLAMABAD: As the desert locusts have become a threat to the country's agricultural sector, the Economic Coordination Committee (ECC) on Thursday approved...
FBR officers deployed at sugar mills to curb tax evasion
ISLAMABAD: The Federal Board of Revenue (FBR) has deployed its officers at 20 sugar mills to monitor the commodity's production, sales and...
KSE-100 falls flat after range-bound session
KARACHI: Continuing with the trend from the previous session, the Pakistan Stock Exchange (PSX) ended a range-bound session flat on Thursday.
Foreign investors...
JS Global submits PAI to acquire up to 45.03pc shares of Next Capital
JS Global Capital Limited, on behalf of its clients or acquirers, has submitted a Public Announcement of Intention (PAI) to acquire up...
Tenfold rise in onion prices leaves Indians teary-eyed
MUMBAI: As onion prices in India have soared tenfold this year, Mukesh Thoke, a restaurant owner on the outskirts of Mumbai, faces...
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...