Category: Business

FBR To Start Campaign Against Smuggled Goods

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to combat sale of smuggled goods in the local market. Under the programme,...

Amir Khan Assumes Charge of SECP Chairman

ISLAMABAD: Amir Khan has assumed charge of Chairman of Security Exchange Commission of Pakistan (SECP) after the government approved...

Dollar Jumps Slightly, PSX Sheds 493 Points

KARACHI: The dollar gained 51 paisa against rupee while stock market slipped down on the first day after the end of Eidul Azha holidays...

US Delays Tariffs On Some Chinese Goods, Drops Others

WEB DESK: The United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese...

Stock Exchange Nose Down Below 30,000 Level

KARACHI: The benchmark KSE-100 index extended losses from Wednesday dipping 539 points (1.8 per cent) on Thursday to close at 29,783,...

SBP Reserves Dip $30.8 Million

KARACHI: Pakistan’s foreign reserves dipped US$30.8 million to $15.2 billion, according to the State Bank of Pakistan (SBP). The central...

PSX Hits Five-year Low As 400 Points Shed

KARACHI: The Pakistan Stock Exchange (PSX) hit a five-year low on Thursday and shed over 400 points during trading. The stock exchange...

Govt, ADB Sign $500mn Loan Agreement

ISLAMABAD: The Government of Pakistan and Asian Development Bank (ADB) signed a trade and competitiveness programme (Subprogram –...

PIA Gets IATA Safety Certificate 8th Time Apiece  

ISLAMABAD: The International Air Transport Association (IATA) has renewed and extended Operational and Safety Audit (IOSA) certificate...

FBR Issues Notices to 288 Boutique, Garment shops

ISLAMABAD: As the Eid ul Azha approaching fast the business of boutique and garments come under the radar of the Federal Board of...

Gold Reaches All-time High With Rs 86250 Per Tola

KARACHI: The gold prices climbed up with a record rally of Rs 1750 and reached an all-time high at Rs 86250 per tola on Wednesday....

SBP Announces Eid holidays

KARACHI: The State Bank of Pakistan (SBP) has announced public holidays in connection with Eid-ul-Azha that falls on August 12 (Monday)....

ADB Approves $500 Million for Pakistan

ISLAMABAD: The Asian Development Bank (ADB) on Wednesday has approved a $500 million loan for Pakistan to support and improve the...

Bearish Continuously Reigning on PSX

KARACHI: The Pakistan stock market downed on the straight second day by 180 points to three-and-half-year low in intra-day trading,...

NEPRA Slashes Power Tariffs

ISLAMABAD: The National Electric Power Regularity Authority (NEPRA) has cut the power prices for the month of June as a monthly fuel...

Fares For Freight Train Jacked Up by 20 Percent

ISLAMABAD: Pakistan Railways (PR) on Monday announced to increase fares of freight trains by 20 percent. The increased prices will...