ECC approves import of 340,000MT wheat

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday granted approval for the import of 340,000 metric tonnes of wheat. Adviser...

Stocks drop 75 points in volatile trade

KARACHI: The Pakistan Stock Exchange (PSX) witnessed another round of volatile activity on Thursday, with the indices swaying both ways in search...

Tractor production up 17pc in three months

ISLAMABAD: The production of farm tractors in the country increased by 17.16pc to 11,235 units in the first three months (July-September) of...

Stocks post modest gains in range-bound session

KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday managed to reverse the recent declining trend, with the indices ending in the green...

JPMorgan beats profit estimates as trading booms

JPMorgan Chase & Co comfortably beat Wall Street estimates for third-quarter profit on Tuesday as trading revenue surged past its own expectations...

Oil up as robust China trade data offsets returning supply

LONDON: Oil prices rebounded on Tuesday as robust data from China offset returning supply in Norway, the Gulf of Mexico and Libya. Brent...

Stocks extend losses amid lack of triggers

KARACHI: Following the massive decline a day ago, the Pakistan Stock Exchange (PSX) extended its fall, though at a slower pace on...

CDWP approves eight projects worth Rs36bn 

ISLAMABAD: The Central Development Working Party (CDWP) on Monday approved eight projects worth Rs36 billion and recommended seven others worth Rs233.014 billion to...

Petition seeks protection of Pakistani products’ identity

ISLAMABAD: While the government has already taken steps to challenge Indian application for exclusive Geographical Indication (GI) tag for basmati rice before...

Stocks plunge 588 points amid uncertainty over FATF decision

KARACHI: Bears took charge of the Pakistan Stock Exchange (PSX) on Monday, with the indices failing to sustain gains accumulated in early...

Weekly inflation rises 1.24pc due to increase in food prices

ISLAMABAD: The Sensitive Price Index (SPI)-based weekly inflation for the combined group in the period ended on October 8 increased by 1.24pc...

Oil prices head for 10pc weekly jump on North America, Norway outages

LONDON: Oil prices fell on Friday, erasing an earlier rise but still leaving both benchmarks on track for their biggest weekly gains...

Horticulture exporters decry 800pc surge in phytosanitary certificate fee

ISLAMABAD: Horticulture exporters have termed the government’s decision to increase the fee of phytosantiray certificates by around 800pc “a major barrier in...

KP traders demand withdrawal of recent hike in power tariff

PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) has rejected up to Rs0.83 per unit increase in electricity tariff, the terming...

Bull-run continues at PSX; index gains another 444 points

KARACHI: Bulls extended their control on the Pakistan Stock Exchange (PSX) on Friday, with the benchmark index accumulating gains all day long...