Business

Business

Govt forms steering committee for Riba-free banking in Pakistan

The government formed a 14-member steering committee of religious academics, bankers, chartered accountants, and entrepreneurs to eliminate Riba within five…

3 Min Read

Upgraded SIM biometric system launched

An upgraded biometric verification system (BVS), Multi Finger Biometric Verification System (MFBVS) has been launched to issue SIM cards to…

2 Min Read

SBP forex reserves at lowest since April 2014

According to Thursday's figures, the State Bank of Pakistan's (SBP) foreign currency reserves are at the lowest level since April…

1 Min Read

Three FBR officials remanded over Bajwa tax data leak

An Islamabad court remanded three FRB's suspected officials in the income tax data leak of retired Gen. Qamar Javed Bajwa.…

1 Min Read

S&P downgrades Pakistan’s credit rating

S&P Global Ratings downgraded Pakistan's credit score due to flooding, high inflation, country's external, fiscal, and economic parameters. S&P reduced…

1 Min Read

Oil rises on tight US stocks as winter blast hits

Oil prices climbed for a fourth straight day on Thursday with United States crude, heating oil and jet fuel stocks…

3 Min Read

SBP cuts GDP growth prediction to 3%

The State Bank of Pakistan (SBP) has slashed projected GDP growth from the previously announced range of 3 percent for…

1 Min Read

PSX falls 490 points to a two-year low

The KSE-100 index dropped over 500 points due to political instability and a shortage of positive events. The KSE-100 index…

1 Min Read

Elon Musk says will step down as Twitter CEO once successor found

Elon Musk said on Tuesday he would resign as chief executive of Twitter once he finds a replacement, in an…

4 Min Read