Business
Business
Rupee report: Rupee drops in open market
THE rupee stayed firm against the dollar in interbank dealings but dropped past the 103-mark in the open market last…
SBP introduces SMS service for issuance of new currency notes
Karachi: The State Bank of Pakistan, in collaboration with the Pakistan Banks’ Association, has introduced an SMS service for the…
Money Market: SBP injects Rs1.5tr into banks
The State Bank of Pakistan continued to pump massive liquidity into the banking system last week, injecting Rs667.8bn on June…
Cement sector tosses index to new peak of 35,187
Karachi: Bulls completely dominated the stock market on Thursday where the KSE-100 index rallied by 342.95 points (0.98 per cent)…
Senate committee turns down draft Credit Bureau Bill
Islamabad: The Senate Standing Committee on Finance and Revenue turned down on Thursday the draft Credit Bureau Bill, 2015, ordered…
China willing to put in $50b in Hydro energy projects in Pakistan
The owner of the world’s largest hydroelectric dam, China Three Gorges Corporation, has shown its willingness to participate in a…
Makers of 52 items bound to give FBR production data
Islamabad: The Federal Board of Revenue (FBR) has bound manufacturers of 52 major items to declare actual monthly production data…
Low interest rate fails to boost car financing
Karachi: The automotive industry has expressed conflicting opinions over the quantum of improvement in car sales through banks’ financing schemes.…
TAPI high on Modi agenda during C. Asia trip
New Delhi: He may have unilaterally suspended peace talks with Islamabad. And, he may be planning to stage a week-long…