KSE-100 gains 442 points as traders end protest

KARACHI: The Pakistan Stock Exchange (PSX) marched north on Thursday, a day after traders called off their protest against the government's taxation measures. On...

Banking sector profits surge 48pc in 9M2019

Banking sector profitability rose to Rs45.5 billion in the third quarter of 2019, up 48pc when compared with the same period last...

Samsung Electronics third-quarter net profit slumps 52pc

Samsung Electronics, the world's largest smartphone and memory chip maker, saw net profits slump by more than half in the third quarter,...

China rolls out 5G services in race to narrow tech gap

BEIJING: China's three major state telecom operators rolled out 5G wireless technology Thursday, as the country races to narrow its technology gap...

Pakistanis lost millions of dollars in OneCoin scam

Pakistanis have been a victim to the world's biggest crypto-scam that jolted the digital scene this year. According to a private media outlet,...

SECP warns public against investing in FS Links

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Wednesday warned the public against investing in "FS Links (SMC-Private) Limited", which had...

Govt lifts ban on new CNG connections

ISLAMABAD: In a decision that could give a new life to the Compressed Natural Gas (CNG) sector, the government has lifted the ban...

World Bank president to arrive in Islamabad tomorrow

World Bank President David Malpass is scheduled to arrive in Pakistan on a two-day visit tomorrow (Thursday). As per media reports, David Malpass...

Conspiracies being hatched to shelve North-South Gas Pipeline Project

ISLAMABAD: Influential people saddled in the Ministry of Petroleum and its subsidiaries have started hatching conspiracies to shelve the North-South Gas Pipeline...

ECC approves release of 650,000 tonnes wheat to KP, Sindh and Balochistan

ISLAMABAD: The Economic Coordination Committee (ECC) has given a go-ahead for the release of 650,000 tonnes of wheat from PASSCO stocks to...

Amazon pumps in more than $600m into India units

BENGALURU: Amazon.com Inc has invested around Rs45 billion ($634.20 million) into its Indian subsidiaries as the Seattle-based e-commerce giant ramps up operations...

Lucky Cement posts Rs1.27bn net profit for Q1FY20

On a consolidated basis, Lucky Cement Limited reported a net profit after tax of Rs1.27 billion after taking out Rs0.25 billion attributable...

President stresses modern techniques to uplift agri sector

President Dr Arif Alvi has stressed the need to adopt modern agricultural techniques with the support of China to improve the country’s...

Govt gives in to traders’ demands

Traders with annual turnover of Rs100m will have to pay 0.5pc in tax No action against CNIC violation till Jan 2020 ...

OGRA proposes Re1 per litre hike in petrol price

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has worked out new prices of petroleum products (POL) for the month of November...