Indoor dining services banned in Karachi restaurants
KARACHI: The Karachi administration on Monday announced that new Covid-19 restrictions for restaurants would be imposed from Tuesday (tomorrow) in order to...
SECP decides to formulate digital assets law
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to formulate laws related to the establishment of digital assets in...
Shares sink below 40,000 mark on weak investor sentiment
KARACHI: The Pakistan Stock Exchange (PSX) took a beating on the first trading session of the week, with the indices heading south...
Sugar millers express concern over cane shortage
ISLAMABAD:Â The Pakistan Sugar Mills Association (PSMA) has informed the Ministry of Industries that the millers were facing serious shortage of raw material...
Dollar climbs to Rs160.73; gains Rs2.57 in week
The US Dollar gained Re0.11 against Pakistani Rupee in the interbank market on Friday.
According to a State Bank of Pakistan tweet, the...
Bears hold sway as benchmark index sheds 353 points
KARACHI: Bears took charge of the Pakistan Stock Exchange (PSX) on Friday, with the indices succumbing to selling pressure ahead of the...
Oil set for third week of gains on vaccine hopes
LONDON: Oil prices firmed on Friday, and were on track for a third consecutive weekly rise, buoyed by successful Covid-19 vaccine trials,...
Black market sale of cigarettes caused Rs77.3bn loss to exchequer in FY20
ISLAMABAD: Black market sale of cigarettes resulted in tax evasion of Rs77.3 billion Pakistan during the fiscal year 2019-20, a representative of...
Stocks close flat in range-bound session
KARACHI:Â The Pakistan Stock Exchange (PSX) failed to sustain gains accumulated in early trade, closing a range-bound session flat on Thursday.
Global equity markets...
Dollar gains Rs1.52 in interbank market
The US Dollar gained Rs1.52 against Pakistani Rupee in the interbank on Wednesday.
According to a State Bank of Pakistan tweet, the US...
UK electric van startup Arrival to get US listing at $5.4bn valuation
LONDON: British electric van startup Arrival has agreed to merge with CIIG Merger Corp to get a US listing at a market...
Stocks shed 138 points amid lack of triggers
KARACHI: The Pakistan Stock Exchange (PSX) was back in the negative territory on Wednesday, with the indices failing to maintain yesterday's momentum...
Finja gets SECP approval to launch P2P lending platform in its regulatory sandbox
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has granted approval for launch of a Peer-to-Peer (P2P) Lending Platform under the...
Bulls lift KSE-100 by 147 points
KARACHI: Bulls took charge of the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark index closing positive despite further contraction in...
PKR is Asia’s third-best and EM’s fifth best-performing currency
KARACHI: After registering approximate gains of 5.94pc this fiscal year, the Pakistani Rupee now stands as Asia's third-best and Emerging Market's fifth-best...