Business
Business
Dollar falls after US retail report disappoints
New York: The dollar weakened against other major currencies Tuesday after a US March retail sales report missed expectations, showing…
IDR rises to 67pc in March
Karachi: Investment-to-deposit ratio (IDR) of banks in Pakistan increased to 67pc by the end of March from 59 per cent…
WHT accounts for 65pc of Rs275bn IT collection
Islamabad: The easy-to-collect withholding tax continued to be the leading source (65 per cent) of the ‘income tax’ receipts during…
IPPs to be charged $14 per mmbtu for LNG; CNG sector slams curbs
Islamabad: The Independent Power Producers (IPPs) would be charged a price of $14.02-15 per mmbtu for the Liquefied Natural Gas…
KSE suffers 81pts loss; 100-index drops to 32270pts
Karachi: The Karachi Stock Exchange remained in bearish mood on first trading day as benchmark KSE 100-index fell 0.25 per…
Rupee largely stable against dollar
KARACHI: Pakistani rupee remained firm against US dollar in interbank and gained value in open market on Monday. As per…
Pakistan approves $1.2 billion HBL divestment
Karachi: Pakistan on Saturday approved divesting all of its state-owned shares in top private bank HBL for $1.2 billion, in…
Ecnec approves projects worth Rs125bn
Islamabad: The Executive Committee of the National Economic Council (Ecnec) on Friday approved seven development projects at an estimated cost…
Car sales up by 22pc in July-March
Karachi: Car sales recorded a growth of 21.93 per cent to 105,344 units in the first nine months (July-March) of…