Slowing Indian economy spells tough times ahead for rupee

BENGALURU: A slowing domestic economy will prevent India’s rupee from recouping this year’s losses against the dollar in 2020, with optimism around an...

FBR to fully automate ‘Track and Trace’ system for four major sectors

The Federal Board of Revenue (FBR) would be instituting within this financial year a fully automated ‘Track and Trace’ system for at...

PM invites Huawei to explore Pakistan’s e-commerce market

Prime Minister Imran Khan has invited Huawei to explore business opportunities in the e-commerce sector of Pakistan, a private media outlet reported...

Oil rebounds to $62 on hopes for US-China trade deal

LONDON: Oil rose above $62 a barrel on Thursday after China hinted at progress towards a trade deal with the United States,...

SBP reserves surge $443m to stand at $8.4bn

The foreign exchange reserves held by the central bank jumped 5.6pc on a weekly basis, according to data released by the State...

Govt starts restructuring BoDs of state-owned enterprises

ISLAMABAD: The government has started making changes to the Board of Directors (BoDs) of various state-owned companies, including the Sui Southern Gas Company...

KSE-100 ends 105 points higher amid volatile trading

KARACHI: Investors of the Pakistan Stock Exchange (PSX) on Thursday witnessed a volatile trading session where the indices traded within a narrow range...

Govt mulls issuing interest-bearing bonds to reduce circular debt

ISLAMABAD: The Finance Division has been mulling to issue interest-bearing bonds to reduce the power sector's circular debt, Pakistan Today has learnt. Sources...

Is e-commerce dying in Pakistan?

E-commerce in Pakistan is burgeoning and it is burgeoning at breakneck speed. In sheer numbers, e-commerce sales swelled 93.7pc in 2018, reaching...

KE reaffirms commitment to Karachi with $3bn investment

K-Electric is committed towards Karachi and its growth with an investment of $3 billion over the next four years across its value...

SECP launches ‘Startup Portal’ to encourage tech innovation in Pakistan

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched an exclusive 'Startup Portal' to encourage technology innovation in Pakistan. SECP Information...

Pakistan, Qatar agree to enhance trade, investment ties

Pakistan and Qatar have agreed to strengthen and expand bilateral cooperation, particularly in the fields of trade, industry, transport, energy, manpower export,...

Govt facilitates clearance of over 1,000 imported cars

ISLAMABAD: As the new conditions imposed by the government on the import of used cars have discouraged the importers, the Economic Coordination...

Stocks extend rally into fifth day, index up 295 points

KARACHI: Extending its gains from the previous session, the Pakistan Stock Exchange (PSX) closed in the green zone for the fifth consecutive session...

Forbes lists Pakistan among top countries for social entrepreneurs

Forbes, a global media company that focuses on businesses, investments and entrepreneurship, has termed Pakistan's improvement in the social entrepreneur sector as...