Business
Business
Moody’s reaffirms Pakistan’s B3 rating, maintains stable outlook
Moody’s Investors Service has reaffirmed Pakistan’s sovereign rating at B3 with Stable outlook. According to press statement issued here Thursday…
KSE 100-index falls over 500 points
The Pakistan Stock Exchange has show another 500 points fall on Wednesday. The KSE 100-index recorded a drop of over…
PSE down 1,800 points
The Pakistan Stock Exchange shown a negative trend on Tuesday morning following the Panama report against the prime minister and…
Pakistan sets rules for banks wanting to be fully Shariah compliant
Pakistan's central bank has issued guidelines covering how banks that want to be fully-fledged Shariah compliant can achieve that status,…
Tariq Bajwa appointed as State Bank Governor
The federal government appointed Tariq Bajwa as the new governor of the State Bank of Pakistan (SBP). President Mamnoon Hussain…
Govt sells Pakistan Security Printing Corporation to SBP
The federal government sold the Pakistan Security Printing Corporation (PSPC) to the State Bank of Pakistan for Rs100 billion. According…
Oil slides as OPEC exports rise, prices end 8 days of gains
Oil prices tumbled about 4 percent on Wednesday, ending their longest string of daily gains in more than five years,…
Tariq Mahmood Pasha appointed as chairman of Federal Board of Revenue
The government has appointed Tariq Mahmood Pasha as the new chairman of Federal Board of Revenue (FBR). According to the…
Inflation rate falls to 3.93 percent in June
Pakistan's inflation rate dropped to 3.93 percent year-on-year in June from 5.02 percent a month earlier. According to the state…