Asian shares gain as BOJ announces more stimulus stepsÂ
Asian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of...
PM-formed think-tank identifies key areas to boost economy
--Forum mulls reducing GST on consumer goods from 17pc to 5pc
--Members highlight need for further reduction in policy rate, oil pricesÂ
ISLAMABAD: Adviser...
Sugar crisis inquiry commission given two weeks to submit report
ISLAMABAD:Â The sugar crisis inquiry commission has been given two more weeks to submit its detailed forensic audit report to the prime minister,...
KP traders reject ‘early closure of shops’, warn of protests
PESHAWAR: The trade associations of Khyber Pakhtunkhwa (KP) on Saturday warned of protests against the provincial government's decision to close shops at...
Local production of urea hits new record in 1Q2020
'Based on supply-demand outlook, the govt will not be required to operate LNG-based urea plants this year'
Expelled sugar commission head reveals industry malpractices
ISLAMABAD: Sajjad Mustafa Bajwa, who was excluded from the sugar inquiry commission on allegations of "leaking valuable information to sugar owners", has...
Weekly inflation rises 0.62pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on April 23 witnessed an increase of 0.62pc, Pakistan Bureau...
Fertilisers face inventory glut as urea offtake drops 34pc in March
LAHORE: Urea offtake for March 2020 clocked in at 303,000 tonnes, down 34pc when compared with February 2020 and 26pc when compared...
Maple Leaf Cement incurs Rs960m loss in 3QFY20
LAHORE: The Board of Directors of Maple Leaf Cement Factory Limited (MLCF) recently met to review the company's performance and announce its...
Govt’s intervention sought as ginning industry fights for survival
LAHORE: The Pakistan Cotton Ginners Association (PCGA) on Friday urged the government to formulate a strategy and recover Rs30 billion from textile...
3QFY20: Indus Motor reports 20pc decrease in profit
LAHORE: The Board of Directors of Indus Motor Company Limited (INDU) met on Friday to review the company's performance and announce its...
Stocks close flat in range-bound session
KARACHI: The Pakistan Stock Exchange (PSX) moved in a narrow range on Friday, with the benchmark KSE-100 Index failing to capitalise on...
Dollar strengthens against rupee in interbank market
After weakening by Rs 6.99 or 4.19% in the last six days, the US dollar rebounded on Friday by Rs 1 or...
Asian shares fall over Covid-19 drug doubts, economic damage concerns
TOKYO/WASHINGTON: Asian shares and US stock futures fell on Friday, spurred by doubts about progress in the development of drugs to treat...
Foreigners withdraw $59m from T-bills
KARACHI: It was too good to last. After weeks of divestment, foreign investors bought $191 million worth of treasury bills (T-bills) on...