Business
Business
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…
Stocks greet new fiscal year with 445-point rally
Karachi: Stocks continued to storm ahead on Wednesday with the KSE-100 index gaining 444.75 points (1.29 per cent) to close…
Inflation halves to 4.53pc in FY15
Islamabad: Pakistan’s average annual inflation was 4.53 per cent in the just-ended fiscal year, the lowest in over a decade,…