Trading at PSX halted for 45 minutes as index falls 1,324 points
KARACHI:Â After witnessing Black Monday, the Pakistan Stock Exchange (PSX) once again witnessed another bloodbath on Thursday and was closed for 45 minutes...
Stocks, crude oil hammered after Trump bans travel from Europe
Equities and oil prices fell through the floor again on Thursday after Donald Trump banned all travel from Europe to the US...
Car sales decline 43pc in eight months
ISLAMABAD:Â The sale of cars during the first eight months (July-Feb) of the current fiscal year (FY20) decreased to 79,537 units, as compared...
Dollar continues to rise, reaches Rs158.4 in interbank market
KARACHI:Â The rupee witnessed its third successive day of decline on Wednesday, as it settled at Rs158.42 per dollar after the greenback gained...
SBP raises Rs323.4bn from T-bill auction Â
KARACHI:Â The State Bank of Pakistan (SBP) has reported that the government raised Rs323.4 billion through T-bills, against the auction target of Rs350...
IT ministry only utilised 52pc of its annual budget, Senate body told
--PTCL pensioners' non-payment case remains unresolved
--11 ministries still at level-0 of e-Office Project, face high risk of cyber attacks
ISLAMABAD: The Senate's Standing...
FBR asked to address ‘undue delays’ in sales tax refunds
Exporters demand restoration of zero-rated regime, as 'textile sector is facing serious cash flow issues'
KSE-100 fails to sustain gains, closes in red
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday, as the indices failed to sustain gains accumulated in...
Market rout costs Asia’s richest man Ambani almost $6b
NEW DEHLI: India’s Mukesh Ambani lost his crown as Asia’s richest person after the latest rout across global markets wiped almost $6...
PSX celebrates International Women’s DayÂ
KARACHI: Eighteen Pakistani women professionals from various sectors of the economy rang the bell to open trading at the Pakistan Stock Exchange...
Local assembling of mobile phones inflicts Rs7.6bn loss in 13 months
ISLAMABAD: The assembling of mobile phone sets in the country has caused approximately Rs7.6 billion loss to the national exchequer in the...
Remittances rise 5.4pc to $15.1bn in eight months
KARACHI: Overseas Pakistani workers remitted $15,126 million during the first eight months of the current fiscal year, an increase of 5.4pc or...
‘Rate cut imminent’, analysts predict ahead of monetary policy meeting
KARACHI: As the State Bank of Pakistan (SBP) is all set to announce its monetary policy later this week, almost all major...
Saudi Arabia, Russia raise stakes in oil standoff
DUBAI/MOSCOW: Saudi Arabia said on Tuesday it would increase its crude oil supply to a record high, raising the stakes in its...
Engro closes Karachi office after employee tests positive for Covid-19
KARACHI: An employee of Engro Corporation has tested positive for Covid-19, also known as the novel coronavirus.
According to an internal memo issued...