Business

Business

PRL doubles petrol output to 24,000 tonnes

Karachi : Pakistan Refinery Limited (PRL) has started its isomerisation plant which is set to double the refinery’s monthly petrol…

3 Min Read

Individual investors help index gain 208 points

Karachi: The stock market staged strong rally on the first trading day of the week (Monday) as the KSE-100 index…

2 Min Read

Cotton prices rise slightly

Multan: The cotton market remained stable on Monday amid slight increase in prices. The Karachi Cotton Association (KCA), however, revised…

1 Min Read

Dar signs AIIB articles of agreement for Pakistan

Beijing: President Xi Jinping said on Monday the signing of the Asian Infrastructure Investment Bank (AIIB) agreement is a historic…

3 Min Read

Rising asset quality concerns for NBP

As the broader banking industry has only recently started recovering from the loan losses ‘that arose following the global economic…

6 Min Read

Aptma decides to shut textile mills

Lahore: The Chairman of the All Pakistan Textile Mills Association, Mr S.M. Tanveer, said on Sunday that the association had…

1 Min Read

Dollar inflows stabilise rupee

Ample dollar supply in the local currency market was said to have stabilised the rupee last week. The country’s forex…

4 Min Read

Govt raises Rs89.6bn from T-bills

The government raised Rs89.569bn from the auction of Treasury bills of various tenors on June 24. A slight rise in…

3 Min Read

HSBC Bank Oman agrees to sell Pakistan business to Meezan Bank

Dubai: HSBC Bank Oman has agreed to sell its banking business in Pakistan to Meezan Bank , a sharia-compliant Pakistani…

1 Min Read