Stocks bounce back with 463-point rally
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) came roaring back to the market on Tuesday, with the indices recovering all losses...
Gulf nations desperate for higher oil prices
RIYADH: Despite claims that their economies can survive low oil prices, Gulf nations are grappling with a massive half-trillion-dollar budget deficit.
Gulf nations...
Stocks nosedive 960 points after Shehbaz’s arrest
KARACHI: The Pakistan Stock Exchange (PSX) witnessed bloodshed on Monday, with the KSE-100 Index plunging over 1,000 points intraday amid political unrest.
Global...
ADB approves $300m loan to support Pakistan’s financial sector reforms
The Asian Development Bank (ADB) has approved a $300 million policy-based loan to help strengthen Pakistan’s finance sector by supporting measures to...
Govt sells WAPDA’s rest house in Mansehra
PESHAWAR: The Ministry of Privatisation has auctioned the Lalazar Batundi Rest House in Mansehra District of Khyber Pakhtunkhwa (KP) for Rs72 million.
The...
Gold price drops to Rs111,800 per tola
ISLAMABAD: The price of 24-karat gold decreased by Rs700 on Friday and was traded at Rs111,800, as against its previous day’s price at...
Govt urged to clear the air surrounding GIDC payments
PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) has demanded the government to address the reservations of industries, particularly the CNG...
Stocks shed 105 points on selling pressure
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a jittery session on Friday, with the indices swinging both ways in search...
GSP-Plus facility: EU envoy urges Pakistani exporters to focus on product diversity
ISLAMABAD: European Union’s Ambassador to Pakistan Androulla Kaminara has stressed the need for product diversity and more value-addition to exploit the full potential...
CCP raids Lahore offices of cement manufacturers’ association
ISLAMABAD: The Competition Commission of Pakistan (CCP), as part of an enquiry launched in May 2020 to investigate the possible anti-competitive practices...
PSX ends red despite late recovery
KARACHI: It was another round of volatile trading at the Pakistan Stock Exchange (PSX) on Thursday, with the indices swinging both ways...
Restaurants’ boycott against Foodpanda expands to major cities
KARACHI: Restaurant owners of major cities of the country have joined a boycott against Foodpanda as the food delivery company has allegedly...
PM seeks action plan to boost agriculture productivity
ISLAMABAD: Prime Minister Imran Khan has directed to prepare a timeframe-based action plan for the medium and long-term projects to enhance agriculture...
Stocks end flat after range-bound session
KARACHI: The Pakistan Stock Exchange (PSX) moved in narrow range on Wednesday, with the benchmark KSE-100 Index managing to close in green...
Petrol pump owners lament heavy fines, forced closures
PESHAWAR: Petrol pump owners and dealers have resented the imposition of heavy fines, sealing of petrol pumps, and torture of staffs due...