How high should a high-rise be

The members of the Association of Builders and Developers (ABAD) heaved a sigh of relief after the Supreme Court judgement allowed construction...

Weekly inflation rises 0.03 per cent

ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on March 01 for the combined income groups witnessed...

Tax evasion, ghost manufacturers baffle FBR

ISLAMABAD: Nearly 200 ghost companies have been found by the tax authorities claiming to be manufacturers but with fictitious addresses that were...

AGP Ltd raises Rs2.8 bn in IPO

KARACHI: AGP Limited, a part of OBS Group, the 8th largest Pharmaceutical Group in Pakistan, successfully raised Rs2.8 billion from foreign, local...

Technology behind cryptocurrencies could improve financial system in future

LONDON: Cryptocurrencies such as Bitcoin are failing as a form of money and have shown clear signs of being a financial bubble, but...

SECP, PSX tussle ends over bourse’s board reconstitution

KARACHI: The tussle between Securities and Exchange Commission of Pakistan and Pakistan Stock Exchange has ended, after the latter agreed to reconstitute...

Gwadar and Chabahar different since inception: Manish Tewari

WASHINGTON: Former Union Minister of State in India, Manish Tewari has made comparisons between Gwadar port in Pakistan and Chabahar port in...

Market Daily: Set in cement, KSE 100 gains 230 points

LAHORE: The KSE 100 index was off to a weak start perhaps amid rising uncertainty on the back of Trump induced trade tariffs...

FBR rejects claims of reduced Income Tax returns

ISLAMABAD: Federal Board of Revenue (FBR) has rejected claims of reduction in the number of Income Tax returns filed for the current...

Adviser to PM on Finance holds meeting with SECP, PSX

ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail held a meeting with the Securities and Exchange Commission of Pakistan (SECP) and...

Unabated increase in cement prices to wreak havoc on middle-class: Fayyaz Ilyas

KARACHI: Association of Builders and Developers (ABAD) Senior Vice Chairman Fayyaz Ilyas said that cement is the most important input in the...

SECP drafts governance rules to cover Sharia-compliant companies & securities

KARACHI: Pakistan’s capital market regulator has drafted governance rules that cover sharia-compliant companies and securities, the latest government initiative aimed at developing...

Active taxpayers list 2017 reveals startling decline

ISLAMABAD: The Federal Board of Revenue released the Active Taxpayers List for tax year 2017 and revealed a steep decline of over...

Oil prices inch up from two-week lows

TOKYO: U.S. oil prices edged up on Friday, snapping three days of declines, but gains were limited as Asian share markets extended...

Asian stocks suffer steep declines, following fall on Wall Street

TOKYO: Asian shares posted steep declines Friday, adding to global stock market losses after President Donald Trump vowed to impose stiff steel...