Indian economic growth slows, with coronavirus impact to come
NEW DELHI: India’s economy expanded at its slowest pace in more than six years in the last three months of 2019, with analysts...
Daraz launches bus ticket service to facilitate intercity travel
Daraz, the leading online marketplace in the country, is set to launch Dtravel, a channel through which the platform’s customers will have...
Weekly inflation dips 0.16pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on February 27 decreased by 0.16pc as compared to the...
World stock markets suffer worst week since 2008 financial crunch
NEW YORK:Â Global stocks slumped to mark the largest weekly drop since the 2008 global financial crisis over fears the coronavirus could wreak...
FIEDMC delegation leaves for UK to explore joint ventures
ISLAMABAD: A high-level delegation of the Faisalabad Industrial Estate Development and Management Company (FIEDMC) on Saturday left for United Kingdom (UK) on...
HabibMetro underperforms, posts nominal growth for FY19
KARACHI: The Board of Directors of Habib Metropolitan Bank Ltd (HMB) met on Thursday and Friday to review the bank’s performance and...
BOP earns Rs14bn profit before tax
The Board of Directors of The Bank of Punjab (BOP) on Friday announced the bank’s annual audited financial statements for the year...
Coronavirus crash wipes $5 trillion off world stocks
Coronavirus panic sent world share markets skidding again on Friday, compounding their worst crash since the 2008 global financial crisis and pushing...
Unilever Pakistan’s profit surges 41pc
LAHORE:Â The Board of Directors of Unilever Pakistan Foods Limited (UPFL) met on Friday to review the company's performance and announce its financial...
NBP reports 17pc fall in profit
KARACHI: The Board of Directors of National Bank of Pakistan (NBP) met on Friday to review the bank’s performance and announce its...
Hong Kong-based company starts smartphone manufacturing in Pakistan
ISLAMABAD:Â A Hong Kong-based smartphone manufacturer, Infinix, has become the first smartphone company to start manufacturing in Pakistan. Prior to this, only a...
Standard Chartered profit jumps 43pc to record Rs16bn
KARACHI: The Board of Directors of Standard Chartered Pakistan met on Thursday and Friday to review the bank's performance and announce its...
Textile millers reject proposed ban on cotton import
LAHORE: Textile millers on Friday rejected recommendations made by the National Assembly's Standing Committee on National Food Security and Research to impose...
KSE-100 loses 103 points amid volatile activity
KARACHI: The Pakistan Stock Exchange (PSX) ended the last session of the week on a negative note, with the indices failing to...
Auto sales picking up after months of downslide, Senate panel told
ISLAMABAD:Â Although the auto industry had reported over 60pc decline in sales during the past few months "owing to inflation, price hikes and...