NA committee recommends tax exemption for ZTBL farmers
ISLAMABAD:Â The National Assembly Standing Committee on Finance, Revenue and Economic Affairs has recommended income tax exemption to Zarai Taraqiati Bank Limited (ZTBL)...
Market Daily: Sentiments led KSE 100 to shed 337.32 points
LAHORE: Bearish sentiments continued to dominate the Pakistan Stock Exchange (PSX) on Wednesday again. The indices were seen slipping lower and lower...
400 Pakistanis put on FBR’s list for possessing real estate in UAE
ISLAMABAD: The Federal Board of Revenue (FBR) has listed 400 Pakistanis who own real estate in the United Arab Emirates (UAE), after...
Netsol to invest $2.5 million in Delaware-based WRLD3D inc
LAHORE: A bourse notification filed Wednesday by Netsol Technologies Limited revealed it would be investing $2.5 million over a period of one...
Meezan Bank profits rise 13.5 percent for FY 2017
LAHORE: In a bourse notification filed Wednesday, Meezan Bank Ltd announced its financial results for the year ended December 2017, posting profit...
Bank valuations not to be impacted by apex court decision
LAHORE: The decision on Tuesday by the Supreme Court to increase minimum rate of pension to Rs8,000 per month for banks won’t...
Oil prices steady as U.S dollar weakens
SINGAPORE: Oil prices were stable on Wednesday, supported by a statement that Saudi crude output would drop in March, healthy economic growth...
PSX CEO, Richard Morin aims to provide protection to retail investors in bourse
KARACHI: Pakistan’s first foreign chief executive officer of Pakistan Stock Exchange (PSX) in almost seventy years has sought to provide protection to...
Asian stocks mixed in wait of expected U.S inflation data
TOKYO: Asian shares were mixed Wednesday with investors adopting a wait-and-see stance ahead of Lunar New Year holidays and the release of...
Real estate sector amnesty scheme aimed at legitimising black money
ISLAMABAD: In an apparent wish to have an amnesty scheme for investors in the real estate sector, builders and developers have enquired...
Market Daily: Sluggish yet green, KSE 100 gains 175 points
LAHORE: The Pakistan Stock Exchange (PSX) had a lazy trading session where the indices crawled up but volumes dropped down. Pakistan equities...
Senate committee recognises telecom sector‘s contribution
ISLAMABAD:Â The Senate Standing Committee for Information Technology and Telecommunication has recently recognised the contribution of the telecom sector and appreciated the investment...
Pace Pakistan reaches settlement with Askari Bank, asks PSX to restore trading in its shares
LAHORE: A bourse notification filed by Pace Pakistan Limited (PPL) revealed it reached a settlement agreement with Askari Bank and the bank...
Asian stock markets ricochet from two-month lows
TOKYO: Asian stocks pulled further away from two-month lows on Tuesday, lifted by Wall Street’s extended rebound from last week’s steep fall,...
Oil prices rise, as global stock markets bounce back
SINGAPORE: Oil prices rose on Tuesday, lifted by a rebound in global stock markets that followed sharp falls last week.
U.S. West Texas...