Business

Business

No threat to industry from NPL issues

Over the past few years, the banking industry has emerged as one of the better performing sectors of the economy.…

7 Min Read

Govt raises Rs99.8bn from T-bills

THE central bank, by rejecting bids that demanded higher yields during the Treasury bill auction last Wednesday, was able to…

4 Min Read

Rupee marginally up against dollar

The rupee managed to appreciate marginally against the dollar last week, as the reserve currency was said to be in…

4 Min Read

Russia’s Rostec expects to ink gas pipeline agreement with Pakistan

Moscow : Russia's Rostec state corporation says it expects to sign a document for the construction of a gas pipeline in…

1 Min Read

Bank transactions tax reduced from 0.6% to 0.3%

Islamabad: The Federal Board of Revenue and members of the business community reached an agreement on Thursday to reduce withholding…

1 Min Read

Stocks extend overnight losses on profit-taking

Karachi: Stocks continued to decline on Thursday, with the KSE-100 index giving up 181.70 points (0.51 per cent) to settle…

2 Min Read

ADB signs Rs218m loan accord on flood recovery

Islamabad: The Asian Development Bank (ADB) has signed a $218 million loan agreement with Pakistan for the Flood Emergency Reconstruction…

1 Min Read

Development spending: ECNEC approves Rs91b for seven mega projects

Islamabad: The country’s highest authority for making development spending decisions on Thursday authorised seven large projects worth Rs91 billion, including the…

3 Min Read

Bilateral ties: Don’t think emotionally in trade with India, says Pasha

Lahore:Former finance minister and renowned economist Dr Hafeez Pasha has said that Pakistan should give trade incentives to India on…

3 Min Read